What do rental property managers in Northern Virginia do?
If this is your first-time hiring a rental property management company, you should want to learn more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager to help.
Collect Rents
Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps a record 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 necessary, we deal with homeowner or condo association. If the tenant has violated HOA/COA rules, we provide written notice to the tenant 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 Northern Virginia ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches maintenance personnel when needed. We strive to get work done in a prompt manner at a price and quality satisfactory to the landlord.
Inspections
Nesbitt Realty inspects the rental 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 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 Northern Virginia
Northern Virginia Rental Management Resources
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Basics
Fundamental information about what management services in Northern Virginia.
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Getting Started
Learn more about getting started with property management
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Find A Tenant
Market your property to rent to find a dependable renter in Northern Virginia fast.
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Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
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Cost
A list of fees associated with rental management services in Northern Virginia
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Vetting
How Nesbitt Realty vets renters for property owners.
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Reserves
What is a contingency reserve account?
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Territory
Where does Nesbitt Realty manage rental investments?
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Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need know more about our community?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to learn more about Northern Virginia and surrounding communities. The Guide to Real Estate compiles information regarding what has sold and what is on the market, as well as a couple of compelling facts that you might not be aware of. In addition, our Guide spotlights some benefits of residing in Northern Virginia. As a matter of course, most of this is helpful for buyers and sellers, but owners and renters will probably also find this information to be somewhat useful.
More Information
If you've never hired a property manager in Northern Virginia before, you will want to understand as much as possible about management and what rental property management companies 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.
