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First-time using property management?

First-time using property management?

What do rental property managers in Northern Virginia do?

If this is your first-time considering hiring a property manager, you should want to understand more about what exactly property management companies do.  If this reference doesn't answer all your questions, we're always happy 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 income and payables. 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 required, we deal with homeowner or condo association. If the tenant has violated homeowner or condo association covenants, we give official notice to the renter 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 Northern Virginia ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Maintenance

Nesbitt Realty manages and dispatches maintenance personnel when required. We try to have work done in a prompt manner at a price and quality satisfactory to the property owner.

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 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 Northern Virginia

Northern Virginia Rental Management Resources

There is a first-time for everyone.

Sean Nesbitt

Should you know more about the community?

Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to review important real estate information about Northern Virginia and neighboring areas.  The Guide to Real Estate provides information regarding what has sold and what is for sale, as well as a few surprising facts that you might not be aware of.  And, our Guide has many of the elements of living in Northern Virginia.  Naturally, most of this is useful for purchasers and sellers, but rental investors and tenants may also find these resources to be quite enlightening.

More Information

If you've never contracted with a property management company in Northern Virginia before, you will want to learn as much as possible about management and what rental property managers actually 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.