First-time using property management?

What do property management companies in Manassas Park do?

If this is your first-time looking at hiring a property management company, you should want to understand more about what exactly rental property managers do.  If this free reference doesn't answer all your questions, we're always eager 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 real estate investor 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 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 necessary, we deal with homeowner or condo association. If the tenant is in violation of homeowner or condo association covenants, we provide written notice to your tenant and take steps to put the tenant 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 maintenance personnel when required. We try to have work done in a timely fashion at a price and quality acceptable to the real estate investor.

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 understand more about the area?

Our Guide to Real Estate is a helpful tool for everyone who needs to investigate real estate facts about Manassas Park and neighboring areas.  The Guide to Real Estate provides data regarding what has sold and what is on the market, as well as some shocking facts that you may not be aware of.  Furthermore, our Guide spotlights many of the assets of living in Manassas Park.  As might be expected, all of this is interesting for purchasers and sellers, but real estate investors and tenants will probably also find the facts to be quite enlightening.

More Information

If you've never contracted with a rental property manager in Manassas Park before, you will want to know as much as possible about management and what rental property managers actually do. Feel free to call and talk 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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