What do rental property management companies in Southlake At Montclair do?
If this is your first-time hiring a rental property manager, you may want to know more about what exactly rental property managers do. If this handy reference doesn't answer all your questions, we're always eager to provide more information.
Collect Rents
Nesbitt Realty deposits rents into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the property management company.
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 the tenant is in violation of homeowner's association (or condo association) rules, we give notice to the tenant and take steps to put your tenant 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 Southlake At Montclair ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches maintenance personnel as needed. We strive to have work done in a timely manner at a price and quality satisfactory to the landlord.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time while the tenant is occupying the property.
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 Southlake At Montclair
Southlake At Montclair Rental Management Resources
Basics
Basic information regarding management services in Southlake At Montclair.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable renter in Southlake At Montclair fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of rental management in Southlake At Montclair
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
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.
Should you understand more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who needs to learn more about Southlake At Montclair and surrounding communities. The Guide to Real Estate provides data regarding what has sold and what is for sale, and a few interesting facts that you might not be aware of. Also, our Guide has some elements of life in Southlake At Montclair. Naturally, all of this is useful for buyers and sellers, but owners and renters should also find this data to be quite informative.
More Information
If you've never employed a rental property manager in Southlake At Montclair before, you should want to understand as much as possible about management and what property management companies really do. Feel free to call and discuss 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.