What do rental property management companies in West McLean do?
If this is your first-time considering hiring a property manager, you should want to understand more about what exactly property managers do. If this free reference doesn't answer all your questions, we're always will to provide more information.
Collect Rents
Nesbitt Realty puts funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the 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 or condo association. If your renter has violated homeowner's association (or condo association) rules, we give notice to your 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 West McLean ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen when needed. We try to get work done in a timely fashion at a price and quality acceptable to the landlord.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time while the lease is active.
Provide a Level of Separation
This is the one duty that no landlord 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 West McLean
West McLean Property Management Resources
Basics
Basic info about what property management in West McLean.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable tenant in West McLean fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of property management services in West McLean
Vetting
How Nesbitt Realty vets tenants for property owners.
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 understand more about our community?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who hopes to learn more about West McLean and surrounding communities. The Guide to Real Estate compiles information regarding what has sold and what is currently listed, and some compelling facts that you may not be aware of. Not to mention, our Guide spotlights quite a few of the fundamentals of residing in West McLean. As might be expected, all of this is helpful for purchasers and sellers, but property owners and tenants may also find the facts to be very sobering.
More Information
If you've never employed a property manager in West McLean before, you will want to learn as much as possible about management and what rental property management companies 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.