What do rental property management companies in Middletown do?
If this is your first-time hiring a rental property manager, you may want to know more about what exactly property managers do. If this handy 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 property owner and fees to the property management company.
Keep Records
Nesbitt Realty keeps a record of all income and payables. We send monthly statements to the real estate investor 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 or condo association. If the tenant is in violation of HOA/COA covenants, we provide 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.
Handle Upkeep
Nesbitt Realty manages and dispatches maintenance personnel as required. We strive to have work done in a prompt manner 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 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
What makes us different from other property managers in Middletown
Middletown Property Management Resources
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Basics
Basic info regarding property management in Middletown.
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Getting Started
Learn more about getting started with property management
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Find A Tenant
List your property to rent to find a reliable tenant in Middletown fast.
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Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
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Cost
A breakdown of prices of property management services in Middletown
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Vetting
How Nesbitt Realty vets renters for our clients.
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Reserves
What is a contingency reserve account?
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Territory
Where does Nesbitt Realty manage rentals?
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Clients
Who uses Nesbitt Realty management services?
Should you know more about this area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who needs to learn more about Middletown and nearby areas. The Guide to Real Estate compiles data about what has sold and what is currently listed, and some interesting facts that you might not know. In addition, our Guide spotlights quite a few of the aspects of life in Middletown. Of course, all of this is interesting for purchasers and sellers, but owners and tenants may also find this data to be very eye-opening.
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 managers really 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.