What do rental property managers in Lorton_station_south do?
If this is your first-time hiring a rental property manager, you might want to understand more about what exactly property managers do. If this handy reference doesn't answer all your questions, we're always eager 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 rental property manager.
Keep Records
Nesbitt Realty keeps an accounting 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, your manager will deal with homeowner or condo association. If your renter is in violation of HOA/COA covenants, we provide official 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 Lorton_station_south ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen as needed. We try to have work done in a timely fashion at a price and quality satisfactory to the real estate investor.
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 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 Lorton_station_south
Lorton_station_south Property Management Resources
Basics
Basic info regarding rental managment in Lorton_station_south.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Lorton_station_south fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of fees associated with property management services in Lorton_station_south
Vetting
How Nesbitt Realty vets renters 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 want know more about the community?
Our Guide to Real Estate is a handy resource for anyone who needs to investigate real estate facts about Lorton_station_south and surrounding communities. The Guide to Real Estate includes facts about what has sold and what is for sale, as well as some compelling facts that you might not be aware of. Furthermore, our Guide features some elements of residing in Lorton_station_south. As might be expected, most of this is helpful for purchasers and sellers, but rental investors and tenants may also find this information to be quite edifying.
More Information
If you've never contracted with a rental property management company in Lorton_station_south before, you will want to learn as much as possible about management and what rental property managers really do. Feel free to call and talk 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.