First-time using property management?

What do property management companies in Cross Junction do?

If this is your first-time considering hiring a rental property management company, you should want to know more about what exactly property managers do.  If this handy reference doesn't answer all your questions, we're always will to help.

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 property owner and fees to the rental property management company.

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 necessary, we deal with homeowner's association (or condo association). If the tenant is in violation of homeowner's association (or condo association) rules, we give written notice to the renter 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 Cross Junction ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Upkeep

Nesbitt Realty manages and dispatches handymen as needed. We aim to have work done in a prompt manner at a price and quality acceptable 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

Cross Junction Rental Management Resources

There is a first-time for everyone.

Do you need know more about this area?

Our Guide to Real Estate is a handy resource for anyone who wants to investigate real estate facts about Cross Junction and surrounding areas.  The Guide to Real Estate provides information regarding what has sold and what is for sale, as well as a couple of shocking facts that you might not be aware of.  Also, our Guide highlights quite a few of the elements of residing in Cross Junction.  Certainly, all of this is useful for purchasers and sellers, but property owners and tenants will likely also find this information to be quite enlightening.

More Information

If you've never hired a rental property management company in Cross Junction 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 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.

 

Do you need advice about rental property management?

Talk to one of our experts about rental property in Virginia.

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