First-time using property management?

What do rental property management companies in Cross Junction do?

If this is your first-time hiring a property management company, you might want to understand more about what exactly property management companies 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 property owner and fees to the property manager.

Keep Records

Nesbitt Realty keeps a record 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 necessary, we deal with HOA/COA. If the tenant has violated homeowner or condo association covenants, we give notice to the renter and take steps to put your 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 Repairs

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

Our Guide to Real Estate is a handy tool for everyone who needs to investigate real estate facts about Cross Junction and surrounding communities.  The Guide to Real Estate compiles information about what has sold and what is on the market, as well as many shocking facts that you may not know.  Not to mention, our Guide highlights some elements of residing in Cross Junction.  Of course, most of this is helpful for buyers and sellers, but property owners and renters should also find these tools to be quite sobering.

More Information

If you've never contracted with a property management company in Cross Junction before, you may want to know as much as possible about the process and what 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.

 

Do you need advice about rental property management?

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

At the top of the market under lease in Cross Junction

Typical rentals under lease in Cross Junction

Less expensive properties under lease in Cross Junction