What do property management companies in Chesterbrook_Woods do?
If this is your first-time hiring a property management company, you might want to know more about what exactly property management companies do. If this free 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 property owner and fees to the rental property management company.
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 required, we deal with homeowner's association (or condo association). If your renter has violated homeowner's association (or condo association) covenants, we provide notice to the tenant and take steps to put the tenant in compliance. We keep you apprised of notices and necessary actions.
Legal Compliance
Nesbitt Realty ensures that your rental property complies with state laws, local Chesterbrook_Woods ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Upkeep
Nesbitt Realty manages and dispatches handymen as needed. We strive to get work done in a prompt manner 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 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 Chesterbrook_Woods
Chesterbrook_Woods Rental Management Resources
Basics
Fundamental info regarding property management in Chesterbrook_Woods.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great tenant in Chesterbrook_Woods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with property management services in Chesterbrook_Woods
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want understand more about this community?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who wants to find out more about Chesterbrook_Woods and neighboring communities. The Guide to Real Estate includes information about what has sold and what is on the market, and a couple of compelling facts that you might not know. And, our Guide has quite a few of the elements of residing in Chesterbrook_Woods. Of course, most of this is helpful for purchasers and sellers, but real estate investors and renters might also find these resources to be very sobering.
More Information
If you've never used a property manager in Chesterbrook_Woods before, you should want to understand as much as possible about the process and what rental property management companies actually 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.