What do property management companies in Lebanon do?
If this is your first-time considering hiring a rental property manager, you may want to know more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager to help.
Collect Rents
Nesbitt Realty deposits rents into an escrow account and from that account we disburse funds to pay bills, income to the property owner and fees to the property manager.
Keep Records
Nesbitt Realty keeps an accounting of all money and receipts. 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 required, your manager will deal with homeowner or condo association. If the tenant has violated homeowner or condo association rules, we give notice to the tenant and take steps to put your 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 Lebanon ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen as required. We strive to have work done in a prompt fashion at a price and quality acceptable to the real estate investor.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time during tenancy.
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 Lebanon
Lebanon Property Management Resources
Basics
Elementary info about what property management in Lebanon.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great tenant in Lebanon fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of prices of rental management in Lebanon
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you know more about our community?
Our Guide to Real Estate is a free resource for everyone who hopes to find out more about Lebanon and surrounding areas. The Guide to Real Estate includes information regarding what has sold and what is for sale, and many interesting facts that you may not be aware of. Furthermore, our Guide spotlights quite a few of the assets of residing in Lebanon. Of course, most of this is interesting for buyers and sellers, but owners and renters will probably also find these tools to be very eye-opening.
More Information
If you've never used a rental property management company in Lebanon before, you may want to learn as much as possible about the process and what rental 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.
