What do property management companies in Overlook_Townhouses do?
If this is your first-time hiring a property manager, you should want to understand more about what exactly property management companies do. If this reference doesn't answer all your questions, we're always happy to help.
Collect Rents
Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps a record of all income and payables. We send monthly statements to the real estate investor and at the end of the year we prepare a 1099 tax document and an annual statement for tax preparation. These records are also available electronically if you prefer.
Deal with the Association
When required, we deal with HOA/COA. If your renter has violated HOA/COA covenants, we give official notice to the tenant and take steps to put your tenant in compliance. We keep you apprised of notices and required actions.
Legal Compliance
Nesbitt Realty ensures that your rental property complies with state laws, local Overlook_Townhouses ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Upkeep
Nesbitt Realty manages and dispatches handymen as needed. We strive to get work done in a prompt manner at a price and quality satisfactory to the real estate investor.
Inspections
Nesbitt Realty inspects the rental at the time of move-in at the time of move-out and from time-to-time while the lease is active.
Provide a Level of Separation
This is the one duty that no real estate investor can perform. A level of separation ensures professionalism is always maintained and personal feelings do not enter into the equation. Nesbitt Realty manages tenant relations including maintenance requests, late fee notices. We deal with a laundry list of tenant problems:
- unauthorized guests, unauthorized pets,
- parking issues,
- tenant cleanliness,
- noise violations,
- neighbor complaints, etc.
If necessary, we manage the process of prosecuting actions to evict Tenants.
Our Differentiators
What makes us different from other property managers in Overlook_Townhouses
Overlook_Townhouses Rental Management Resources
Basics
Elementary info regarding property management in Overlook_Townhouses.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable renter in Overlook_Townhouses fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Overlook_Townhouses
Vetting
How Nesbitt Realty vets renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you understand more about our area?
Our Guide to Real Estate is a handy resource for everyone who hopes to find out more about Overlook_Townhouses and surrounding communities. The Guide to Real Estate compiles data regarding what has sold and what is for sale, as well as a few shocking facts that you may not know. Also, our Guide spotlights some aspects of life in Overlook_Townhouses. As might be expected, most of this is useful for purchasers and sellers, but real estate investors and renters will also find these resources to be very eye-opening.
More Information
If you've never employed a rental property manager in Overlook_Townhouses before, you should want to understand as much as possible about the process and what property management companies really do. Feel free to call and chat about specific questions.
Money in general does not flow from the landlord to the property manager. Money flows from the tenant to the property manager to the landlord. Fees and commissions are withheld from collected rents. The next step is to learn a little more about what differentiates us from other property managers.