What do rental property managers in Chestnut Place do?
If this is your first-time hiring a rental property management company, you might want to learn more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager to provide more information.
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 or condo association. If the tenant is in violation of HOA/COA rules, we give written notice to your tenant and take steps to put the renter 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 Chestnut Place ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen when required. We aim to get work done in a timely manner at a price and quality satisfactory to the real estate investor.
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 landlord 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 Chestnut Place
Chestnut Place Property Management Resources
Basics
Elementary information about what rental managment in Chestnut Place.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Chestnut Place fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of property management services in Chestnut Place
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.
Should you know more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who wants to investigate real estate facts about Chestnut Place and neighboring areas. The Guide to Real Estate includes information about what has sold and what is for sale, and many shocking facts that you may not be aware of. In addition, our Guide features many of the elements of life in Chestnut Place. Of course, all of this is interesting for buyers and sellers, but landlords and tenants will probably also find this data to be quite eye-opening.
More Information
If you've never used a property management company in Chestnut Place before, you should want to know as much as possible about the process and what rental property managers 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.
