What do rental property management companies in Virginia Hills do?
If this is your first-time considering hiring a property management company, you might want to know more about what exactly property management companies do. If this free 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 real estate investor and fees to the property manager.
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 necessary, your manager will deal with homeowner or condo association. If the tenant is in violation of HOA/COA rules, we give notice to your renter and take steps to put the 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 Virginia Hills ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Upkeep
Nesbitt Realty manages and dispatches handymen as required. We strive to have work done in a prompt manner at a price and quality satisfactory to the real estate investor.
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 tenant is occupying the property.
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 Virginia Hills
Virginia Hills Property Management Resources
Basics
Fundamental info about what property management in Virginia Hills.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Virginia Hills fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management services in Virginia Hills
Vetting
How Nesbitt Realty vets tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want understand more about our local real estate market?
Our Guide to Real Estate is a handy resource for anyone who needs to learn more about Virginia Hills and surrounding communities. The Guide to Real Estate compiles data about what has sold and what is for sale, and a few compelling facts that you may not be aware of. Also, our Guide has many of the assets of living in Virginia Hills. Of course, all of this is helpful for purchasers and sellers, but property owners and tenants will also find these tools to be very eye-opening.
More Information
If you've never hired a rental property management company in Virginia Hills before, you may want to understand as much as possible about management and what 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.
