What do rental property management companies in Cook Inlet do?
If this is your first-time considering hiring a property manager, you might want to know more about what exactly rental property managers do. If this quick reference doesn't answer all your questions, we're always happy to provide more information.
Collect Rents
Nesbitt Realty puts 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 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, we deal with homeowner's association (or condo association). If the tenant is in violation of homeowner's association (or condo association) covenants, we give notice to the tenant and take steps to put your 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 Cook Inlet ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to get work done in a timely fashion at a price and quality satisfactory 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 while the tenant is occupying the property.
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 Cook Inlet
Cook Inlet Rental Management Resources
Basics
Fundamental information regarding management services in Cook Inlet.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable tenant in Cook Inlet fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of prices of rental management in Cook Inlet
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
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.
Do you need understand more about the area?
Our Guide to Real Estate is a helpful resource for everyone who wants to learn more about Cook Inlet and surrounding areas. The Guide to Real Estate has facts regarding what has sold and what is on the market, as well as a couple of shocking facts that you may not be aware of. In addition, our Guide spotlights quite a few of the assets of residing in Cook Inlet. Of course, all of this is interesting for buyers and sellers, but owners and tenants will also find the facts to be somewhat edifying.
More Information
If you've never hired a property manager in Cook Inlet before, you should want to understand as much as possible about the process and what property managers actually do. Feel free to call and discuss 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.
