What do property management companies in Bonniemill Acres do?
If this is your first-time hiring a property management company, you should want to know more about what exactly property management companies do. If this free 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 property owner and fees to the property manager.
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 required, your manager will deal with HOA/COA. If the tenant has violated homeowner's association (or condo association) covenants, we give written notice to your tenant and take steps to put the 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 Bonniemill Acres ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches maintenance personnel as required. We try 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 Bonniemill Acres
Bonniemill Acres Property Management Resources
Basics
Fundamental info regarding rental managment in Bonniemill Acres.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great tenant in Bonniemill Acres fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of fees associated with property management services in Bonniemill Acres
Vetting
How Nesbitt Realty vets tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental property?
Clients
Who uses Nesbitt Realty management services?
Do you need know more about our community?
Our Guide to Real Estate is a helpful resource for anyone who needs to investigate real estate facts about Bonniemill Acres and nearby communities. The Guide to Real Estate compiles information about what has sold and what is currently listed, as well as many shocking facts that you might not be aware of. In addition, our Guide features many of the benefits of residing in Bonniemill Acres. Of course, all of this is helpful for purchasers and sellers, but owners and renters may also find these tools to be somewhat edifying.
More Information
If you've never used a property manager in Bonniemill Acres before, you should want to know as much as possible about the process and what rental property management companies really 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.