What do property management companies in Townes_of_Shirlington do?
If this is your first-time hiring a property manager, you may want to understand more about what exactly property managers do. If this handy reference doesn't answer all your questions, we're always eager to help.
Collect Rents
Nesbitt Realty deposits rents into an escrow account and from that account we disburse funds to pay bills, income to the property owner and fees to the rental property manager.
Keep Records
Nesbitt Realty keeps an accounting of all income and receipts. We send monthly statements to the property owner 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, your manager will deal with homeowner's association (or condo association). If the tenant has violated HOA/COA covenants, we give notice to the tenant and take steps to put the tenant in compliance. We keep you apprised of notices and necessary actions.
Legal Compliance
Nesbitt Realty ensures that your rental property complies with state laws, local Townes_of_Shirlington ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches handymen when needed. We aim to have work done in a prompt fashion at a price and quality acceptable to the landlord.
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 lease is active.
Provide a Level of Separation
This is the one duty that no property owner 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 Townes_of_Shirlington
Townes_of_Shirlington Property Management Resources
Basics
Fundamental info about what rental managment in Townes_of_Shirlington.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable renter in Townes_of_Shirlington fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management services in Townes_of_Shirlington
Vetting
How Nesbitt Realty vets 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?
There is a first-time for everyone.
Should you understand more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who hopes to learn more about Townes_of_Shirlington and neighboring communities. The Guide to Real Estate compiles information regarding what has sold and what is currently listed, as well as a couple of interesting facts that you may not know. Also, our Guide spotlights many of the fundamentals of residing in Townes_of_Shirlington. Of course, most of this is helpful for buyers and sellers, but real estate investors and renters may also find this data to be somewhat sobering.
More Information
If you've never used a rental property manager in Townes_of_Shirlington before, you will want to understand as much as possible about management and what property managers 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.