What do property management companies in Blue Ridge Shadows do?
If this is your first-time hiring a property management company, you should want to know more about what exactly rental property managers do. If this handy reference doesn't answer all your questions, we're always will to help.
Collect Rents
Nesbitt Realty deposits funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the property owner and fees to the property management company.
Keep Records
Nesbitt Realty keeps a record 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 necessary, your manager will deal with homeowner's association (or condo association). If your renter is in violation of homeowner or condo association rules, we provide written notice to the 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 Blue Ridge Shadows ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches handymen as required. We try to have work done in a timely manner at a price and quality satisfactory to the real estate investor.
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 lease is active.
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 Blue Ridge Shadows
Blue Ridge Shadows Property Management Resources
Basics
Elementary info regarding management services in Blue Ridge Shadows.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable renter in Blue Ridge Shadows fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Blue Ridge Shadows
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
Should you understand more about the community?
Our Guide to Real Estate is a free tool for everyone who needs to investigate real estate facts about Blue Ridge Shadows and surrounding areas. The Guide to Real Estate provides information regarding what has sold and what is currently listed, and a few interesting facts that you may not know. Not to mention, our Guide has quite a few of the assets of life in Blue Ridge Shadows. Certainly, all of this is helpful for buyers and sellers, but property owners and renters should also find this information to be somewhat useful.
More Information
If you've never hired a property management company in Blue Ridge Shadows before, you may want to learn 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.