What do rental property managers in Langley_Oaks do?
If this is your first-time considering hiring a rental property management company, you might 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 will to help.
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 an accounting of all income and payables. 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 necessary, your manager will deal with homeowner or condo association. If the tenant has violated homeowner or condo association rules, we give written notice to the tenant and take steps to put the renter 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 Langley_Oaks ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches handymen as needed. We try to have work done in a timely fashion at a price and quality acceptable to the property owner.
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 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 Langley_Oaks
Langley_Oaks Rental Management Resources
Basics
Fundamental info regarding property management in Langley_Oaks.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Langley_Oaks fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management services in Langley_Oaks
Vetting
How Nesbitt Realty vets tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Do you need know more about the area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who wants to learn more about Langley_Oaks and nearby communities. The Guide to Real Estate compiles data regarding what has sold and what is currently listed, and some surprising facts that you might not know. Furthermore, our Guide has quite a few of the aspects of living in Langley_Oaks. Of course, all of this is useful for purchasers and sellers, but owners and renters should also find the facts to be somewhat useful.
More Information
If you've never hired a rental property manager in Langley_Oaks before, you may want to understand as much as possible about the process and what property managers actually 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.