What do property managers in Springfield Homes Sale 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 reference doesn't answer all your questions, we're always happy 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 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 required, we deal with homeowner's association (or condo association). If your renter is in violation of homeowner or condo association covenants, we provide notice to your renter and take steps to put your 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 Springfield Homes Sale 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 get work done in a prompt fashion at a price and quality acceptable 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 Springfield Homes Sale
Springfield Homes Sale Property Management Resources
Basics
Elementary information regarding management services in Springfield Homes Sale.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable renter in Springfield Homes Sale fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with rental management in Springfield Homes Sale
Vetting
How Nesbitt Realty vets renters for our clients.
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 know more about the community?
Our Guide to Real Estate is a free resource for anyone who wants to review important real estate information about Springfield Homes Sale and surrounding areas. The Guide to Real Estate provides information regarding what has sold and what is on the market, as well as many interesting facts that you might not know. Not to mention, our Guide highlights many of the assets of living in Springfield Homes Sale. Of course, all of this is useful for purchasers and sellers, but owners and tenants should also find this data to be quite enlightening.
More Information
If you've never hired a rental property manager in Springfield Homes Sale 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 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.