What do rental property management companies in Clear Brook do?
If this is your first-time hiring a property manager, you might want to learn more about what exactly rental property management companies 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 management company.
Keep Records
Nesbitt Realty keeps an accounting of all income and payables. We send monthly statements to the real estate investor 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 has violated homeowner's association (or condo association) rules, we provide 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 Clear Brook ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Maintenance
Nesbitt Realty manages and dispatches maintenance personnel when needed. 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 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 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 Clear Brook
Clear Brook Rental Management Resources
Basics
Fundamental info about what management services in Clear Brook.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Clear Brook fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management services in Clear Brook
Vetting
How Nesbitt Realty vets renters 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.
Do you want understand more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who needs to find out more about Clear Brook and nearby communities. The Guide to Real Estate has facts about what has sold and what is for sale, as well as many compelling facts that you may not know. In addition, our Guide highlights quite a few of the fundamentals of living in Clear Brook. Of course, all of this is interesting for purchasers and sellers, but real estate investors and tenants should also find this information to be somewhat edifying.
More Information
If you've never employed a rental property manager in Clear Brook before, you will want to learn as much as possible about management and what property managers really do. Feel free to call and chat 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.
