What do rental property managers in Waterview do?
If this is your first-time hiring a property manager, you should want to know more about what exactly property managers do. If this quick reference doesn't answer all your questions, we're always happy to provide more information.
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 property manager.
Keep Records
Nesbitt Realty keeps a record of all money and receipts. We send monthly statements to the landlord 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 or condo association. If the tenant is in violation of homeowner or condo association rules, we give written notice to your renter and take steps to put your 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 Waterview ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches maintenance personnel when needed. We try to have work done in a prompt manner at a price and quality satisfactory to the landlord.
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 tenant is occupying the property.
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 Waterview
Waterview Rental Management Resources
Basics
Elementary information regarding rental managment in Waterview.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Waterview fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of property management services in Waterview
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 handy tool for anyone who hopes to learn more about Waterview and nearby communities. The Guide to Real Estate includes data about what has sold and what is currently listed, and a few interesting facts that you might not know. Not to mention, our Guide highlights many of the elements of life in Waterview. As a matter of course, all of this is interesting for buyers and sellers, but property owners and tenants will likely also find this data to be somewhat useful.
More Information
If you've never hired a rental property manager in Waterview before, you should want to understand as much as possible about the process and what rental property managers really 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.