What do property management companies in Tuckahoe do?
If this is your first-time hiring a rental property management company, you should want to know more about what exactly rental property management companies do. If this handy reference doesn't answer all your questions, we're always will to provide more information.
Collect Rents
Nesbitt Realty puts funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the property management company.
Keep Records
Nesbitt Realty keeps an accounting of all money 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 necessary, we deal with homeowner or condo association. If your renter is in violation of homeowner or condo association rules, we provide official notice to the renter and take steps to put the renter 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 Tuckahoe ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches maintenance personnel when required. We try to get work done in a prompt fashion 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 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 Tuckahoe
Tuckahoe Property Management Resources
Basics
Fundamental info about what management services in Tuckahoe.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Tuckahoe fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with property management services in Tuckahoe
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you understand more about this community?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who needs to find out more about Tuckahoe and neighboring communities. The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and some compelling facts that you may not know. Furthermore, our Guide spotlights many of the benefits of life in Tuckahoe. Certainly, all of this is interesting for buyers and sellers, but rental investors and tenants will probably also find this data to be quite sobering.
More Information
If you've never hired a property manager in Tuckahoe before, you may want to understand as much as possible about management and what rental property management companies actually do. Feel free to call and talk 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.