First-time using property management?

What do property management companies in Rappahannock County do?

If this is your first-time hiring a property manager, you may want to know more about what exactly property managers do.  If this handy reference doesn't answer all your questions, we're always happy to help.

Collect Rents

Nesbitt Realty deposits 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 rental property management company.

Keep Records

Nesbitt Realty keeps a record of all money and receipts. We send monthly statements to the property owner 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 necessary, your manager will deal with homeowner's association (or condo association). If your renter has violated homeowner or condo association rules, we provide written notice to your renter and take steps to put the 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 Rappahannock County ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Upkeep

Nesbitt Realty manages and dispatches maintenance personnel when required. We try to have work done in a prompt manner at a price and quality acceptable to the real estate investor.

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 tenant is occupying the property.

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.

Our Differentiators

Rappahannock County Rental Management Resources

Basics

Fundamental info about what rental managment in Rappahannock County.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

Market your property to rent to find a reliable renter in Rappahannock County fast.

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Accounting

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

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Cost

A breakdown of fees associated with rental management services in Rappahannock County

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Vetting

How Nesbitt Realty vets renters for landlords.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rentals?

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Clients

Who uses Nesbitt Realty management services?

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Contact

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

Email

There is a first-time for everyone.

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

Our Guide to Real Estate is a helpful resource for anyone who hopes to learn more about Rappahannock County and neighboring areas.  The Guide to Real Estate has facts regarding what has sold and what is for sale, as well as a couple of shocking facts that you might not be aware of.  And, our Guide features many of the assets of living in Rappahannock County.  As a matter of course, all of this is useful for buyers and sellers, but owners and renters might also find these tools to be very edifying.

More Information

If you've never employed a property manager in Rappahannock County before, you should want to understand as much as possible about the process 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.

 

Nesbitt Realty provides award-winning property management services.

Learn more about how we can help you achieve your real estate goals.