What do rental property management companies in Catalina do?
If this is your first-time hiring a property management company, you may want to know more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always eager 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 income and receipts. 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 HOA/COA. If your renter is in violation of homeowner or condo association covenants, we give official notice to the 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 Catalina ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Maintenance
Nesbitt Realty manages and dispatches handymen as 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 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 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 Catalina
Catalina Property Management Resources
Basics
Elementary information about what rental managment in Catalina.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Catalina fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of fees associated with property management services in Catalina
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you understand more about our community?
Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who wants to find out more about Catalina and neighboring communities. The Guide to Real Estate has information regarding what has sold and what is currently listed, and some shocking facts that you may not know. Furthermore, our Guide features many of the assets of living in Catalina. Naturally, most of this is helpful for purchasers and sellers, but real estate investors and tenants will also find these tools to be very enlightening.
More Information
If you've never used a rental property manager in Catalina before, you should want to learn as much as possible about the process and what rental property management companies 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.
