What do rental property management companies in Wakefield_Forest do?
If this is your first-time hiring a rental property manager, you may want to learn more about what exactly property managers do. If this free reference doesn't answer all your questions, we're always eager 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 landlord and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps a record of all money and receipts. 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, we deal with HOA/COA. If your renter has violated HOA/COA rules, we provide notice to the tenant and take steps to put the 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 Wakefield_Forest ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage 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 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 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 Wakefield_Forest
Wakefield_Forest Property Management Resources
Basics
Basic info regarding property management in Wakefield_Forest.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Wakefield_Forest fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management services in Wakefield_Forest
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?
There is a first-time for everyone.
Do you need understand more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to investigate real estate facts about Wakefield_Forest and surrounding communities. The Guide to Real Estate has information regarding what has sold and what is for sale, and a few shocking facts that you may not be aware of. And, our Guide features many of the assets of living in Wakefield_Forest. Yes, all of this is useful for buyers and sellers, but owners and tenants may also find these resources to be somewhat edifying.
More Information
If you've never hired a rental property manager in Wakefield_Forest before, you may want to know as much as possible about the process and what rental 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.