First-time using property management?

What do rental property management companies in Fairfax County do?

If this is your first-time considering hiring a rental property manager, you might want to understand more about what exactly property management companies do.  If this quick reference doesn't answer all your questions, we're always will to help.

Collect Rents

Nesbitt Realty puts 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 rental property manager.

Keep Records

Nesbitt Realty keeps an accounting 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 necessary, your manager will deal with homeowner's association (or condo association). If your renter has violated HOA/COA rules, we give official notice to the renter and take steps to put your renter 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 Fairfax County ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Repairs

Nesbitt Realty manages and dispatches handymen when needed. We try to get work done in a timely manner at a price and quality acceptable 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 during tenancy.

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

Fairfax County Rental Management Resources

Basics

Elementary info regarding property management in Fairfax County.

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Getting Started

Learn more about getting started with property management

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Find A Tenant

List your property to rent to find a dependable renter in Fairfax County fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for real estate investors?

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Cost

A breakdown of prices of rental management in Fairfax County

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Vetting

How Nesbitt Realty checks the backgrounds of 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 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 need know more about the community?

Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who hopes to review important real estate information about Fairfax County and neighboring areas.  The Guide to Real Estate has facts regarding what has sold and what is for sale, as well as some shocking facts that you may not know.  Furthermore, our Guide features quite a few of the assets of residing in Fairfax County.  Certainly, most of this is helpful for buyers and sellers, but owners and tenants may also find this data to be quite edifying.

More Information

If you've never hired a property management company in Fairfax County before, you will want to understand 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.

 

Do you need advice about rental property management?

Talk to one of our experts about rental property in Virginia.

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