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 management company, you should want to know more about what exactly rental property managers do.  If this reference doesn't answer all your questions, we're always happy to help.

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 real estate investor and fees to the property management company.

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 or condo association. If your renter is in violation of homeowner's association (or condo association) rules, we provide notice to your 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.

Handle Upkeep

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 property 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.

Should you know more about our area?

Our Guide to Real Estate is a helpful resource for everyone who needs to learn more about Cross Junction and surrounding areas.  The Guide to Real Estate includes facts about what has sold and what is for sale, as well as a couple of compelling facts that you might not know.  Furthermore, our Guide features many of the benefits of living in Cross Junction.  As might be expected, most of this is interesting for purchasers and sellers, but owners and tenants might also find this data to be somewhat eye-opening.

More Information

If you've never employed a property manager 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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