What do property managers in Browntown do?
If this is your first-time looking at hiring a rental property management company, you should want to know more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager to provide more information.
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 manager.
Nesbitt Realty keeps a record of all money 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, your manager will deal with homeowner's association (or condo association). If your renter has violated homeowner or condo association covenants, we provide written notice to your renter and take steps to put your renter in compliance. We keep you apprised of notices and necessary actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Browntown ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches maintenance personnel when needed. We try to have work done in a timely manner at a price and quality satisfactory 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 Browntown
Browntown Rental Management Resources
Should you understand more about our local real estate market?
Our Guide to Real Estate is a handy tool for everyone who needs to learn more about Browntown and surrounding communities. The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and some shocking facts that you may not be aware of. Not to mention, our Guide features many of the assets of residing in Browntown. Definitely, most of this is interesting for purchasers and sellers, but owners and tenants will probably also find these tools to be very eye-opening.
If you've never contracted with a property management company in Browntown before, you may want to know as much as possible about management and what rental 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.