What do rental property management companies in Summerwalk do?
If this is your first-time hiring a property manager, you might want to know 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 deposits funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the property owner and fees to the property management company.
Keep Records
Nesbitt Realty keeps an accounting of all income and receipts. 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 homeowner's association (or condo association). If your renter is in violation of homeowner's association (or condo association) rules, we provide official notice to your renter and take steps to put the renter 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 Summerwalk ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen as required. We try to get work done in a prompt manner at a price and quality satisfactory to the property owner.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time while the tenant is occupying the property.
Provide a Level of Separation
This is the one duty that no landlord 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 Summerwalk
Summerwalk Property Management Resources
Basics
Elementary information regarding management services in Summerwalk.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Summerwalk fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with rental management in Summerwalk
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Should you understand more about the local real estate market?
Our Guide to Real Estate is a helpful tool for anyone who hopes to learn more about Summerwalk and surrounding areas. The Guide to Real Estate compiles facts about what has sold and what is on the market, and a few shocking facts that you might not be aware of. Not to mention, our Guide has some benefits of life in Summerwalk. Definitely, all of this is useful for purchasers and sellers, but landlords and tenants might also find this information to be very enlightening.
More Information
If you've never contracted with a rental property management company in Summerwalk before, you may want to know as much as possible about management and what rental property management companies actually do. Feel free to call and discuss 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.