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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 looking at hiring a property manager, you might want to understand more about what exactly property managers do.  If this handy reference doesn't answer all your questions, we're always will to provide more information.

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 landlord and fees to the rental property manager.

Keep Records

Nesbitt Realty keeps an accounting 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 notice to the renter and take steps to put the tenant 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.

Manage Upkeep

Nesbitt Realty manages and dispatches handymen as required. We aim 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 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

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 understand more about the area?

Nesbitt Realty's Guide to Real Estate is a free tool for everyone who wants to learn more about Northern Virginia and neighboring areas.  The Guide to Real Estate compiles facts about what has sold and what is currently listed, and many shocking facts that you might not know.  And, our Guide spotlights some elements of residing in Northern Virginia.  Certainly, all of this is helpful for purchasers and sellers, but landlords and renters should also find this information to be quite enlightening.

More Information

If you've never used a property manager in Northern Virginia before, you should want to learn 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.