First-time using property management?

What do rental property managers in Middletown do?

If this is your first-time hiring a property management company, you should want to understand more about what exactly rental property managers do.  If this quick reference doesn't answer all your questions, we're always happy 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 income 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 necessary, your manager will deal with HOA/COA. If the tenant has violated HOA/COA covenants, we provide written notice to your renter 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.

Manage Maintenance

Nesbitt Realty manages and dispatches handymen as needed. We strive to get work done in a prompt fashion at a price and quality acceptable to the property owner.

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 tenant is occupying the property.

Provide a Level of Separation

This is the one duty that no property owner 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 our local real estate market?

Our Guide to Real Estate is a helpful tool for anyone who wants to investigate real estate facts about Middletown and surrounding areas.  The Guide to Real Estate includes facts about what has sold and what is on the market, as well as a couple of interesting facts that you may not know.  Furthermore, our Guide features quite a few of the assets of living in Middletown.  Naturally, all of this is useful for purchasers and sellers, but rental investors and renters will also find this information to be quite eye-opening.

More Information

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