First-time using property management?

What do property managers in Cross Junction do?

If this is your first-time hiring a property management company, you may want to learn more about what exactly property managers do.  If this quick reference doesn't answer all your questions, we're always eager to help.

Collect Rents

Nesbitt Realty puts rents 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 a record of all income and payables. 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 homeowner's association (or condo association). If your renter is in violation of homeowner or condo association rules, we provide official notice to the renter and take steps to put the tenant in compliance.  We keep you apprised of notices and necessary 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 as needed. We aim to get work done in a prompt fashion 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 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 know more about the community?

Our Guide to Real Estate is a handy resource for everyone who hopes to review important real estate information about Cross Junction and nearby communities.  The Guide to Real Estate includes facts regarding what has sold and what is currently listed, as well as some interesting facts that you might not know.  And, our Guide has quite a few of the fundamentals of living in Cross Junction.  Certainly, all of this is helpful for buyers and sellers, but property owners and tenants should also find this information to be very edifying.

More Information

If you've never contracted with a rental property management company in Cross Junction before, you should want to learn as much as possible about the process and what property management companies really 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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