What do property managers in Ballston_park_condo do?
If this is your first-time considering hiring a rental property manager, you may 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 deposits rents into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps an accounting of all income and payables. 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 HOA/COA. If the tenant is in violation of HOA/COA covenants, we provide written notice to the renter and take steps to put the renter 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 Ballston_park_condo ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches handymen as needed. We aim to have work done in a prompt fashion at a price and quality satisfactory to the property owner.
Inspections
Nesbitt Realty inspects the rental at the time of move-in at the time of move-out and from time-to-time during tenancy.
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 Ballston_park_condo
Ballston_park_condo Property Management Resources
Basics
Fundamental info regarding property management in Ballston_park_condo.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable tenant in Ballston_park_condo fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of rental management in Ballston_park_condo
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you know more about this area?
Our Guide to Real Estate is a handy resource for everyone who wants to find out more about Ballston_park_condo and neighboring areas. The Guide to Real Estate compiles facts about what has sold and what is on the market, as well as a few shocking facts that you may not be aware of. And, our Guide highlights quite a few of the benefits of residing in Ballston_park_condo. Definitely, all of this is interesting for purchasers and sellers, but rental investors and tenants will likely also find the facts to be quite edifying.
More Information
If you've never hired a property management company in Ballston_park_condo before, you may want to know as much as possible about management 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.