What do rental property managers in Manassas Park do?
If this is your first-time hiring a rental property management company, you may want to learn more about what exactly property management companies do. If this reference doesn't answer all your questions, we're always will to provide more information.
Nesbitt Realty deposits funds from rent 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 management company.
Nesbitt Realty keeps a record of all money and receipts. 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 or condo association. If your renter has violated homeowner's association (or condo association) covenants, we provide notice to the tenant and take steps to put your tenant in compliance. We keep you apprised of notices and required actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Manassas Park ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen as needed. We strive to get work done in a timely manner at a price and quality acceptable to the property owner.
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 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.
What makes us different from other property managers in Manassas Park
Manassas Park Rental Management Resources
Should you know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to find out more about Manassas Park and surrounding areas. The Guide to Real Estate has information about what has sold and what is currently listed, and some compelling facts that you may not know. Furthermore, our Guide has quite a few of the elements of living in Manassas Park. Of course, all of this is helpful for buyers and sellers, but landlords and renters will also find this data to be somewhat sobering.
If you've never used a rental property management company in Manassas Park before, you may want to learn 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.