What do property managers in Cross Junction do?
If this is your first-time hiring a rental property management company, you might want to understand more about what exactly rental property management companies do. If this free reference doesn't answer all your questions, we're always will to help.
Nesbitt Realty deposits funds from rent 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.
Nesbitt Realty keeps a record 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 HOA/COA rules, we give official notice to your tenant and take steps to put the renter in compliance. We keep you apprised of notices and required actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Cross Junction ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen when required. We strive to have work done in a prompt fashion at a price and quality acceptable to the landlord.
Nesbitt Realty inspects the rental 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.
Cross Junction Rental Management Resources
Should you know more about this local real estate market?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who hopes to find out more about Cross Junction and nearby areas. The Guide to Real Estate has information about what has sold and what is currently listed, as well as some compelling facts that you may not know. Not to mention, our Guide highlights some fundamentals of residing in Cross Junction. Of course, all of this is useful for purchasers and sellers, but rental investors and tenants will probably also find this information to be very informative.
If you've never employed a property manager in Cross Junction before, you may want to understand as much as possible about management and what property managers 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.