First-time using property management?

What do rental property management companies in Woodville do?

If this is your first-time hiring a rental property management company, you may want to understand more about what exactly rental property managers do.  If this reference doesn't answer all your questions, we're always will to provide more information.

Collect Rents

Nesbitt Realty deposits rents 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 management company.

Keep Records

Nesbitt Realty keeps an accounting 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 required, your manager will deal with homeowner or condo association. If the tenant has violated homeowner or condo association covenants, we provide official notice to your renter and take steps to put your tenant 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 Woodville ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Repairs

Nesbitt Realty manages and dispatches handymen as needed. We try to get work done in a prompt 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 during tenancy.

Provide a Level of Separation

This is the one duty that no landlord 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

Woodville Property Management Resources

Basics

Fundamental information about what property management in Woodville.

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Getting Started

Learn more about getting started with property management

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Find A Tenant

List your property to rent to find a great renter in Woodville fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for real estate investors?

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Cost

A breakdown of prices of property management services in Woodville

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Vetting

How Nesbitt Realty vets tenants 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.

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There is a first-time for everyone.

Do you need understand more about this community?

Our Guide to Real Estate is a helpful tool for everyone who wants to review important real estate information about Woodville and neighboring areas.  The Guide to Real Estate has data about what has sold and what is on the market, and many surprising facts that you may not know.  Also, our Guide features many of the aspects of life in Woodville.  Of course, most of this is interesting for buyers and sellers, but landlords and renters may also find this information to be quite sobering.

More Information

If you've never hired a rental property management company in Woodville before, you may want to understand as much as possible about management and what rental property management companies 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.

 

Do you need advice about rental property management?

Talk to one of our experts about rental property in Virginia.

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