First-time using property management?

What do property managers in Middletown do?

If this is your first-time hiring a rental property management company, you might want to understand more about what exactly property management companies 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 money 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 required, we deal with homeowner's association (or condo association). If your renter has violated homeowner or condo association rules, we provide 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 Middletown ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Maintenance

Nesbitt Realty manages and dispatches handymen as required. We aim to get work done in a prompt fashion at a price and quality acceptable 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 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.

Should you understand more about this community?

Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who needs to find out more about Middletown and surrounding communities.  The Guide to Real Estate includes information about what has sold and what is currently listed, as well as a few compelling facts that you might not know.  Also, our Guide has quite a few of the elements of life in Middletown.  As a matter of course, all of this is helpful for purchasers and sellers, but landlords and renters will probably also find this data to be very sobering.

More Information

If you've never hired a rental property manager in Middletown before, you will want to know as much as possible about management and what property management companies 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.

 

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