What do property managers in Ballston Commons do?
If this is your first-time hiring a property management company, you may want to know more about what exactly rental 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 landlord and fees to the property management company.
Keep Records
Nesbitt Realty keeps a record of all income and payables. 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 is in violation of HOA/COA covenants, we provide notice to the tenant 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 Ballston Commons ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Upkeep
Nesbitt Realty manages and dispatches maintenance personnel when required. We aim to get work done in a timely manner at a price and quality satisfactory to the real estate investor.
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 Ballston Commons
Ballston Commons Rental Management Resources
Basics
Basic information about what rental managment in Ballston Commons.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable tenant in Ballston Commons fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with rental management services in Ballston Commons
Vetting
How Nesbitt Realty vets renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Do you need understand more about our community?
Our Guide to Real Estate is a free resource for anyone who hopes to review important real estate information about Ballston Commons and neighboring communities. The Guide to Real Estate includes data regarding what has sold and what is currently listed, and a few shocking facts that you may not know. And, our Guide has many of the fundamentals of residing in Ballston Commons. Of course, all of this is interesting for purchasers and sellers, but owners and tenants might also find this information to be very useful.
More Information
If you've never contracted with a property manager in Ballston Commons before, you should want to understand as much as possible about the process and what property management companies actually 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.