What do rental property management companies in Burke_Station_Woods do?
If this is your first-time hiring a property management company, you may want to understand more about what exactly rental 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 real estate investor and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps an accounting of all money 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, we deal with HOA/COA. If your renter has violated homeowner's association (or condo association) covenants, we provide 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 Burke_Station_Woods ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches maintenance personnel when needed. We aim to have work done in a timely manner at a price and quality satisfactory 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 Burke_Station_Woods
Burke_Station_Woods Rental Management Resources
Basics
Elementary info regarding rental managment in Burke_Station_Woods.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable tenant in Burke_Station_Woods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with property management services in Burke_Station_Woods
Vetting
How Nesbitt Realty checks the backgrounds of 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?
There is a first-time for everyone.
Should you know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a free tool for everyone who hopes to investigate real estate facts about Burke_Station_Woods and surrounding areas. The Guide to Real Estate includes data regarding what has sold and what is currently listed, and a couple of compelling facts that you might not know. In addition, our Guide features many of the assets of life in Burke_Station_Woods. Of course, all of this is helpful for buyers and sellers, but rental investors and renters may also find this data to be somewhat informative.
More Information
If you've never employed a rental property management company in Burke_Station_Woods before, you may want to know as much as possible about the process and what 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.