First-time using property management?

What do rental property managers in Manassas Park do?

If this is your first-time hiring a property manager, you should want to know more about what exactly rental property management companies do.  If this quick reference doesn't answer all your questions, we're always eager 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 real estate investor and fees to the rental property manager.

Keep Records

Nesbitt Realty keeps a record of all money 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 HOA/COA rules, we provide notice to your tenant 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.

Manage Upkeep

Nesbitt Realty manages and dispatches maintenance personnel as required. We aim to get work done in a timely manner at a price and quality acceptable 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 while the tenant is occupying the property.

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

Manassas Park Rental Management Resources

There is a first-time for everyone.

Do you want understand more about this area?

Our Guide to Real Estate is a handy tool for everyone who needs to investigate real estate facts about Manassas Park and surrounding communities.  The Guide to Real Estate has data regarding what has sold and what is for sale, as well as a couple of surprising facts that you may not know.  In addition, our Guide has some fundamentals of residing in Manassas Park.  Of course, most of this is interesting for buyers and sellers, but real estate investors and renters might also find these tools to be quite enlightening.

More Information

If you've never contracted with a rental property management company in Manassas Park before, you will want to understand as much as possible about the process and what rental 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.

 

Do you need advice about rental property management?

Talk to one of our experts about rental property in Virginia.

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