What do property managers in Belmont Park Estates do?
If this is your first-time hiring a property manager, you should want to learn more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always happy 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 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 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 HOA/COA. If your renter has violated homeowner or condo association covenants, we provide written notice to your 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 Belmont Park Estates ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Maintenance
Nesbitt Realty manages and dispatches maintenance personnel as needed. We aim to have work done in a timely manner at a price and quality satisfactory 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 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 Belmont Park Estates
Belmont Park Estates Rental Management Resources
Basics
Elementary info regarding property management in Belmont Park Estates.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Belmont Park Estates fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with property management services in Belmont Park Estates
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?
Should you understand more about our area?
Our Guide to Real Estate is a free tool for anyone who wants to investigate real estate facts about Belmont Park Estates and nearby areas. The Guide to Real Estate compiles information regarding what has sold and what is for sale, as well as a few shocking facts that you may not know. Furthermore, our Guide features many of the assets of life in Belmont Park Estates. As a matter of course, all of this is interesting for purchasers and sellers, but rental investors and tenants should also find the facts to be very enlightening.
More Information
If you've never employed a property manager in Belmont Park Estates 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.