First-time using property management?

What do property managers in Middletown do?

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

Collect Rents

Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the property owner and fees to the property manager.

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, we deal with HOA/COA. 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 the 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 Middletown ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Repairs

Nesbitt Realty manages and dispatches maintenance personnel as required. We strive to have work done in a prompt manner at a price and quality satisfactory to the landlord.

Inspections

Nesbitt Realty inspects the rental 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 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

Middletown Rental Management Resources

There is a first-time for everyone.

Do you need know more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a free resource for anyone who needs to find out more about Middletown and neighboring communities.  The Guide to Real Estate includes facts regarding what has sold and what is on the market, and many surprising facts that you might not be aware of.  Also, our Guide has many of the assets of life in Middletown.  As a matter of course, all of this is useful for buyers and sellers, but owners and tenants might also find the facts to be quite useful.

More Information

If you've never employed a property manager in Middletown before, you may want to understand as much as possible about management and what rental property management companies actually do. Feel free to call and talk 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.

 

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