What do rental property managers in Falls Church do?
If this is your first-time looking at hiring a property management company, you should want to know more about what exactly property management companies do. If this quick reference doesn't answer all your questions, we're always eager to provide more information.
Collect Rents
Nesbitt Realty puts rents 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 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 HOA/COA. If the tenant is in violation of homeowner or condo association rules, we give notice to your renter 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 Falls Church ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches maintenance personnel as required. We strive to have work done in a prompt 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 tenant is occupying the property.
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 Falls Church
Falls Church Property Management Resources
Basics
Elementary information regarding management services in Falls Church.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Falls Church fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management in Falls Church
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Should you understand more about the community?
Our Guide to Real Estate is a handy tool for everyone who needs to review important real estate information about Falls Church and neighboring areas. The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and many shocking facts that you might not know. And, our Guide spotlights some elements of living in Falls Church. Of course, most of this is helpful for purchasers and sellers, but landlords and tenants might also find this information to be somewhat sobering.
More Information
If you've never contracted with a rental property manager in Falls Church before, you should want to learn as much as possible about the process and what property management companies actually do. Feel free to call and discuss 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.