First-time using property management?

What do rental property managers in Manassas Park do?

If this is your first-time looking at hiring a property management company, you may want to know more about what exactly rental property management companies do.  If this handy reference doesn't answer all your questions, we're always eager to provide more information.

Collect Rents

Nesbitt Realty puts 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 management company.

Keep Records

Nesbitt Realty keeps an accounting of all money 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 or condo association. If the tenant is in violation of homeowner or condo association rules, we provide written notice to the 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 Manassas Park ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Repairs

Nesbitt Realty manages and dispatches handymen when required. We try to have work done in a prompt manner at a price and quality satisfactory to the property owner.

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 real estate investor 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

Manassas Park Rental Management Resources

Basics

Basic information regarding property management in Manassas Park.

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Getting Started

Learn more about getting started with property management

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Find A Tenant

List your property to rent to find a reliable renter in Manassas Park fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for property owners?

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Cost

A list of fees associated with rental management services in Manassas Park

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Vetting

How Nesbitt Realty vets tenants for our clients.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rental investments?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a rental specialist now.

Email

There is a first-time for everyone.

Do you want understand more about the local real estate market?

Our Guide to Real Estate is a free tool for everyone who needs to investigate real estate facts about Manassas Park and nearby areas.  The Guide to Real Estate has information about what has sold and what is for sale, and a few compelling facts that you might not know.  Also, our Guide features many of the assets of living in Manassas Park.  Definitely, all of this is useful for buyers and sellers, but landlords and renters will probably also find this data to be quite edifying.

More Information

If you've never employed a property management company in Manassas Park before, you should want to know 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.

 

Do you need a rental property manager?

Learn more about our rental management services. We service landlords in Virginia.

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