First-time using property management?

What do rental property management companies in Cross Junction do?

If this is your first-time considering hiring a property management company, you should want to understand more about what exactly property management companies do.  If this quick reference doesn't answer all your questions, we're always will 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 real estate investor and fees to the rental property management company.

Keep Records

Nesbitt Realty keeps a record of all money 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 required, your manager will deal with HOA/COA. If your renter has violated homeowner or condo association covenants, we give notice to the tenant and take steps to put the renter 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 Upkeep

Nesbitt Realty manages and dispatches handymen when needed. We strive to get work done in a timely fashion at a price and quality satisfactory to the landlord.

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 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 Property Management Resources

There is a first-time for everyone.

Should you know more about the area?

Our Guide to Real Estate is a handy tool for anyone who wants to investigate real estate facts about Cross Junction and surrounding communities.  The Guide to Real Estate includes information about what has sold and what is for sale, as well as a few compelling facts that you may not know.  Furthermore, our Guide spotlights some aspects of residing in Cross Junction.  As a matter of course, most of this is useful for buyers and sellers, but real estate investors and renters will probably also find this information to be somewhat useful.

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 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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