What do property management companies in Annandale 7 do?
If this is your first-time considering hiring a rental property manager, you may want to learn more about what exactly rental property management companies do. If this quick reference doesn't answer all your questions, we're always eager to provide more information.
Collect Rents
Nesbitt Realty deposits funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the property management company.
Keep Records
Nesbitt Realty keeps a record of all income and receipts. We send monthly statements to the landlord 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 HOA/COA. If the tenant has violated homeowner or condo association rules, we provide notice to the 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 Annandale 7 ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen as needed. We strive to get work done in a timely manner at a price and quality acceptable 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 while the tenant is occupying the property.
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
What makes us different from other property managers in Annandale 7
Annandale 7 Rental Management Resources
Basics
Basic info about what management services in Annandale 7.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Annandale 7 fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management services in Annandale 7
Vetting
How Nesbitt Realty vets tenants for landlords.
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.
Should you understand more about our community?
Our Guide to Real Estate is a free tool for anyone who needs to learn more about Annandale 7 and nearby communities. The Guide to Real Estate provides facts about what has sold and what is for sale, and a couple of surprising facts that you might not be aware of. Furthermore, our Guide spotlights quite a few of the fundamentals of living in Annandale 7. As might be expected, all of this is helpful for purchasers and sellers, but landlords and tenants might also find the facts to be quite eye-opening.
More Information
If you've never contracted with a property management company in Annandale 7 before, you should want to understand as much as possible about the process and what property managers 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.