What do property managers in Strasburg do?
If this is your first-time hiring a property manager, you should want to learn more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager to help.
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 rental property management company.
Nesbitt Realty keeps a record of all income and payables. 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 necessary, we deal with HOA/COA. If the tenant is in violation of HOA/COA covenants, we provide notice to the tenant and take steps to put the renter in compliance. We keep you apprised of notices and necessary actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Strasburg ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen when required. We strive to get work done in a timely fashion at a price and quality acceptable to the real estate investor.
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.
What makes us different from other property managers in Strasburg
Strasburg Property Management Resources
Do you need know more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who wants to find out more about Strasburg and surrounding areas. The Guide to Real Estate has information about what has sold and what is currently listed, as well as many surprising facts that you might not be aware of. Also, our Guide features quite a few of the fundamentals of life in Strasburg. Yes, most of this is helpful for purchasers and sellers, but property owners and renters may also find these resources to be quite edifying.
If you've never contracted with a rental property manager in Strasburg before, you should want to learn as much as possible about management and what rental property management companies actually 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.