What do property managers in Catalina do?
If this is your first-time hiring a property management company, you may want to know more about what exactly rental property management companies do. If this quick reference doesn't answer all your questions, we're always happy to help.
Collect Rents
Nesbitt Realty puts 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 rental property manager.
Keep Records
Nesbitt Realty keeps an accounting of all income and payables. 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 required, your manager will deal with homeowner or condo association. If your renter is in violation of homeowner's association (or condo association) rules, we give notice to the tenant and take steps to put your renter in compliance. We keep you apprised of notices and required actions.
Legal Compliance
Nesbitt Realty ensures that your rental property complies with state laws, local Catalina ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches maintenance personnel when needed. We aim to have work done in a timely fashion at a price and quality acceptable 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 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
What makes us different from other property managers in Catalina
Catalina Property Management Resources
Basics
Fundamental info about what rental managment in Catalina.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Catalina fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of rental management in Catalina
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want understand more about our community?
Nesbitt Realty's Guide to Real Estate is a free tool for anyone who needs to investigate real estate facts about Catalina and neighboring communities. The Guide to Real Estate compiles data regarding what has sold and what is currently listed, and a few surprising facts that you may not know. And, our Guide has some assets of residing in Catalina. Certainly, most of this is helpful for purchasers and sellers, but real estate investors and tenants will likely also find these tools to be somewhat enlightening.
More Information
If you've never employed a property manager in Catalina before, you may want to know as much as possible about management and what 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.
