First-time using property management?

What do property managers in Cross Junction do?

If this is your first-time hiring a rental property manager, you might want to learn more about what exactly property managers do.  If this reference doesn't answer all your questions, we're always happy 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 real estate investor and fees to the rental property management company.

Keep Records

Nesbitt Realty keeps a record of all income and receipts. We send monthly statements to the property owner 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 the tenant has violated homeowner's association (or condo association) covenants, we provide notice to the renter and take steps to put your 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.

Manage Upkeep

Nesbitt Realty manages and dispatches maintenance personnel when required. We try to get work done in a prompt 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 during tenancy.

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 want know more about our area?

Nesbitt Realty's Guide to Real Estate is a free tool for everyone who needs to review important real estate information about Cross Junction and neighboring communities.  The Guide to Real Estate includes facts about what has sold and what is for sale, as well as many shocking facts that you might not be aware of.  Also, our Guide highlights some fundamentals of life in Cross Junction.  Yes, all of this is helpful for purchasers and sellers, but property owners and tenants will also find the facts to be quite edifying.

More Information

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

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

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