What do rental property management companies in Lake_ridge do?
If this is your first-time hiring a property management company, you might want to understand more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always will to help.
Collect Rents
Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the property manager.
Keep Records
Nesbitt Realty keeps an accounting of all income 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, we deal with homeowner or condo association. If your renter is in violation of homeowner or condo association covenants, we give official notice to your tenant and take steps to put your renter 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 Lake_ridge ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches handymen when required. We strive to get work done in a prompt 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 landlord 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 Lake_ridge
Lake_ridge Property Management Resources
Basics
Fundamental info regarding management services in Lake_ridge.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable tenant in Lake_ridge fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Lake_ridge
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need know more about our area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to investigate real estate facts about Lake_ridge and nearby areas. The Guide to Real Estate provides facts about what has sold and what is for sale, and a couple of interesting facts that you might not know. Also, our Guide features many of the assets of residing in Lake_ridge. Yes, most of this is helpful for buyers and sellers, but real estate investors and tenants might also find the facts to be somewhat enlightening.
More Information
If you've never used a rental property manager in Lake_ridge before, you should want to learn as much as possible about the process 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.