First-time using property management?

What do property managers in Manassas Park do?

If this is your first-time considering hiring a rental property manager, you may want to know more about what exactly property management companies do.  If this free reference doesn't answer all your questions, we're always will 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 landlord and fees to the property management company.

Keep Records

Nesbitt Realty keeps an accounting of all money and receipts. 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 HOA/COA. If your renter has violated homeowner's association (or condo association) covenants, we give written notice to your renter and take steps to put your 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.

Manage Repairs

Nesbitt Realty manages and dispatches handymen as needed. We try to have work done in a timely manner at a price and quality satisfactory 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 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

Manassas Park Rental Management Resources

There is a first-time for everyone.

Do you need know more about this area?

Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who hopes to review important real estate information about Manassas Park and nearby areas.  The Guide to Real Estate compiles facts regarding what has sold and what is for sale, and a few compelling facts that you might not be aware of.  Also, our Guide features many of the aspects of residing in Manassas Park.  Definitely, all of this is interesting for buyers and sellers, but landlords and renters should also find this information to be somewhat informative.

More Information

If you've never hired a property manager in Manassas Park before, you will want to know as much as possible about the process 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.

 

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