What do rental property managers in Manassas Park do?
If this is your first-time hiring a property management company, you should want to understand more about what exactly property management companies do. If this quick 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 landlord and fees to the property management company.
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 homeowner's association (or condo association). If your renter is in violation of homeowner's association (or condo association) rules, we give official notice to the renter and take steps to put the renter 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 Manassas Park ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen when needed. We aim 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 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
What makes us different from other property managers in Manassas Park
Manassas Park Rental Management Resources
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Basics
Basic information regarding management services in Manassas Park.
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Getting Started
Learn more about getting started with rental property management
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Find A Tenant
List your property to rent to find a dependable renter in Manassas Park fast.
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Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
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Cost
A list of prices of rental management in Manassas Park
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Vetting
How Nesbitt Realty vets tenants 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?
There is a first-time for everyone.
Do you need know more about our community?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who wants to learn more about Manassas Park and nearby areas. The Guide to Real Estate has data regarding what has sold and what is on the market, and some interesting facts that you may not know. Also, our Guide has many of the assets of life in Manassas Park. Of course, most of this is interesting for buyers and sellers, but property owners and tenants may also find this data to be very sobering.
More Information
If you've never hired a rental property manager in Manassas Park before, you may want to learn as much as possible about management and what property management companies 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.
