First-time using property management?

What do rental property management companies in Cross Junction do?

If this is your first-time looking at hiring a rental property manager, you may want to understand more about what exactly property managers do.  If this free reference doesn't answer all your questions, we're always eager 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 landlord and fees to the property management company.

Keep Records

Nesbitt Realty keeps a record of all income 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, your manager will deal with HOA/COA. If the tenant has violated HOA/COA rules, we provide official notice to your tenant 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 Cross Junction ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Repairs

Nesbitt Realty manages and dispatches maintenance personnel when required. We try to have work done in a timely manner at a price and quality acceptable to the real estate investor.

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

Cross Junction Rental Management Resources

There is a first-time for everyone.

Do you need know more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who wants to investigate real estate facts about Cross Junction and neighboring areas.  The Guide to Real Estate includes data about what has sold and what is currently listed, and many interesting facts that you might not be aware of.  Furthermore, our Guide spotlights some benefits of life in Cross Junction.  Yes, most of this is helpful for buyers and sellers, but rental investors and renters should also find this data to be very enlightening.

More Information

If you've never hired a rental property management company in Cross Junction before, you will want to learn as much as possible about the process and what rental property managers actually do. Feel free to call and discuss 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 a rental property manager?

Learn more about our rental management services. We service landlords in Virginia.

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