First-time using property management?

What do rental property management companies in Cross Junction do?

If this is your first-time hiring a rental property manager, you might want to know more about what exactly rental property management companies do.  If this reference doesn't answer all your questions, we're always happy to provide more information.

Collect Rents

Nesbitt Realty deposits 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 manager.

Keep Records

Nesbitt Realty keeps an accounting 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 necessary, we deal with homeowner's association (or condo association). If your renter is in violation of HOA/COA covenants, we provide 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 Cross Junction ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Maintenance

Nesbitt Realty manages and dispatches maintenance personnel when needed. We strive to get work done in a timely fashion at a price and quality satisfactory 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 during tenancy.

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 want understand more about our local real estate market?

Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who wants to review important real estate information about Cross Junction and nearby communities.  The Guide to Real Estate compiles information about what has sold and what is on the market, as well as some compelling facts that you might not be aware of.  Not to mention, our Guide has many of the fundamentals of living in Cross Junction.  As might be expected, all of this is interesting for buyers and sellers, but property owners and tenants may also find this data to be somewhat eye-opening.

More Information

If you've never contracted with a property manager in Cross Junction before, you should want to know 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 advice about rental property management?

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

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