What do property managers in Middletown do?
If this is your first-time hiring a rental property management company, you might want to know more about what exactly property managers do. If this reference doesn't answer all your questions, we're always will 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 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 required, your manager will deal with homeowner's association (or condo association). If the tenant is in violation of homeowner's association (or condo association) covenants, we provide notice to your 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 get work done in a timely manner at a price and quality satisfactory to the property owner.
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 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
What makes us different from other property managers in Middletown
![Nesbitt Realty is dedicated to excellence in property management in Middletown.](https://nesbitt.management/wp-content/uploads/2015/12/cropped-N-site-icon-1.png)
Middletown Rental Management Resources
Basics
Basic info regarding property management in Middletown.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable tenant in Middletown fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of prices of property management services in Middletown
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
Should you understand more about our area?
Nesbitt Realty's Guide to Real Estate is a free tool for anyone who wants to review important real estate information about Middletown and neighboring communities. The Guide to Real Estate provides data regarding what has sold and what is for sale, and a couple of surprising facts that you might not be aware of. Also, our Guide features many of the elements of living in Middletown. Of course, all of this is useful for buyers and sellers, but landlords and tenants will probably also find these tools to be very enlightening.
More Information
If you've never employed a rental property manager in Middletown before, you should want to learn as much as possible about the process and what property management companies 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.