First-time using property management?

What do rental property managers in Middletown do?

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

Collect Rents

Nesbitt Realty deposits 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 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, your manager will deal with HOA/COA. If the tenant has violated homeowner or condo association covenants, we give notice to the renter and take steps to put the tenant 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 Middletown ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Repairs

Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to have work done in a timely fashion at a price and quality satisfactory 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 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

Middletown Property Management Resources

There is a first-time for everyone.

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

Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to investigate real estate facts about Middletown and nearby areas.  The Guide to Real Estate compiles facts about what has sold and what is on the market, as well as some surprising facts that you might not know.  Also, our Guide features many of the fundamentals of residing in Middletown.  Naturally, most of this is useful for purchasers and sellers, but rental investors and tenants should also find the facts to be very informative.

More Information

If you've never used a property management company in Middletown before, you should want to know as much as possible about the process and what rental property managers really 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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