First-time using property management?

What do rental property managers in Northern Virginia do?

If this is your first-time hiring a rental property management company, you might want to know more about what exactly rental property management companies do.  If this reference doesn't answer all your questions, we're always eager 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 landlord and fees to the property management company.

Keep Records

Nesbitt Realty keeps a record of all money and receipts. 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 required, we deal with homeowner or condo association. If the tenant has violated HOA/COA rules, we provide official notice to your tenant and take steps to put the 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 Northern Virginia ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Maintenance

Nesbitt Realty manages and dispatches handymen when needed. We strive to have work done in a prompt fashion 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 tenant is occupying the property.

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

Northern Virginia Rental Management Resources

There is a first-time for everyone.

Do you need understand more about our area?

Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who hopes to find out more about Northern Virginia and nearby communities.  The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and many interesting facts that you may not be aware of.  Also, our Guide has many of the fundamentals of living in Northern Virginia.  Definitely, all of this is interesting for buyers and sellers, but rental investors and renters should also find the facts to be very edifying.

More Information

If you've never hired a rental property management company in Northern Virginia before, you should want to learn as much as possible about the process and what rental property management companies really do. Feel free to call and discuss 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.