First-time using property management?

What do rental property management companies in Arc 3409 do?

If this is your first-time looking at hiring a rental property management company, you should want to understand more about what exactly rental property management companies do.  If this quick reference doesn't answer all your questions, we're always happy 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 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 required, we deal with homeowner's association (or condo association). If the tenant has violated homeowner's association (or condo association) covenants, we provide 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 Arc 3409 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 get work done in a timely 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 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

Arc 3409 Property Management Resources

Basics

Elementary info regarding rental managment in Arc 3409.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

Market your property to rent to find a great tenant in Arc 3409 fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for landlords?

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Cost

A list of fees associated with rental management in Arc 3409

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Vetting

How Nesbitt Realty vets tenants for our clients.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rental property?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property manager now.

Email

There is a first-time for everyone.

Do you want understand more about our local real estate market?

Our Guide to Real Estate is a helpful resource for anyone who needs to review important real estate information about Arc 3409 and neighboring communities.  The Guide to Real Estate includes information regarding what has sold and what is for sale, as well as some surprising facts that you might not know.  Not to mention, our Guide features some elements of living in Arc 3409.  Of course, all of this is useful for buyers and sellers, but landlords and tenants might also find the facts to be very sobering.

More Information

If you've never contracted with a rental property management company in Arc 3409 before, you will want to understand as much as possible about the process and what rental property management companies really 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.

 

Do you need a rental property manager?

Learn more about our rental management services. We service landlords in Virginia.