What do property management companies in Shenandoah Forest do?
If this is your first-time hiring a rental property manager, you might want to know more about what exactly rental property managers do. If this quick 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 property manager.
Keep Records
Nesbitt Realty keeps an accounting of all income 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's association (or condo association). If your renter is in violation of HOA/COA rules, we give official notice to your tenant 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 Shenandoah Forest ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to have work done in a timely manner at a price and quality acceptable 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
What makes us different from other property managers in Shenandoah Forest
Shenandoah Forest Rental Management Resources
Basics
Fundamental information about what rental managment in Shenandoah Forest.
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 Shenandoah Forest fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Shenandoah Forest
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need understand more about this local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who wants to find out more about Shenandoah Forest and surrounding communities. The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and a few surprising facts that you might not be aware of. In addition, our Guide features many of the fundamentals of residing in Shenandoah Forest. Certainly, all of this is useful for purchasers and sellers, but owners and tenants may also find this data to be very edifying.
More Information
If you've never hired a rental property manager in Shenandoah Forest before, you will want to learn as much as possible about the process 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.