What do rental property management companies in Middletown do?
If this is your first-time hiring a rental property manager, you may want to learn more about what exactly property management companies do. If this reference doesn't answer all your questions, we're always happy to provide more information.
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 property owner and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps a record of all money and payables. 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, your manager will deal with homeowner or condo association. If your renter has violated HOA/COA covenants, we provide written notice to your tenant 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 when needed. We aim to have 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 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
What makes us different from other property managers in Middletown
Middletown Rental Management Resources
-
Basics
Fundamental info about what rental managment in Middletown.
-
Getting Started
Learn more about getting started with property management
-
Find A Tenant
List your property to rent to find a great renter in Middletown fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
-
Cost
A breakdown of fees associated with rental management in Middletown
-
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
-
Reserves
What is a contingency reserve account?
-
Territory
Where does Nesbitt Realty manage rental property?
-
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want know more about this area?
Our Guide to Real Estate is a helpful tool for anyone who needs to find out more about Middletown and nearby areas. The Guide to Real Estate includes information about what has sold and what is currently listed, and many compelling facts that you might not be aware of. Also, our Guide highlights many of the assets of living in Middletown. As might be expected, all of this is interesting for buyers and sellers, but property owners and renters should also find this data to be quite informative.
More Information
If you've never contracted with a rental property manager in Middletown before, you will want to know as much as possible about management and what 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.
