What do property management companies in Gatehouse Condominium do?
If this is your first-time hiring a rental property manager, you may want to know more about what exactly rental property managers do. If this free reference doesn't answer all your questions, we're always will 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 real estate investor and fees to the property management company.
Keep Records
Nesbitt Realty keeps an accounting of all money 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, your manager will deal with homeowner or condo association. If the tenant has violated homeowner's association (or condo association) covenants, we give notice to the renter 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 Gatehouse Condominium ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches maintenance personnel as needed. We strive to have work done in a timely fashion at a price and quality acceptable 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 Gatehouse Condominium
Gatehouse Condominium Property Management Resources
Basics
Basic info about what property management in Gatehouse Condominium.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Gatehouse Condominium fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of prices of rental management services in Gatehouse Condominium
Vetting
How Nesbitt Realty vets tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Should you know more about this local real estate market?
Our Guide to Real Estate is a free tool for everyone who needs to investigate real estate facts about Gatehouse Condominium and surrounding communities. The Guide to Real Estate compiles data about what has sold and what is on the market, as well as a few interesting facts that you may not know. Furthermore, our Guide spotlights quite a few of the elements of residing in Gatehouse Condominium. As a matter of course, all of this is useful for buyers and sellers, but property owners and tenants might also find this data to be very informative.
More Information
If you've never hired a property manager in Gatehouse Condominium before, you will want to learn as much as possible about management and what property management companies really 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.