First-time using property management?

What do property management companies in Manassas Park do?

If this is your first-time looking at hiring a rental property management company, you may want to know more about what exactly rental property managers 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 property management company.

Keep Records

Nesbitt Realty keeps a record of all money and payables. 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 HOA/COA. If the tenant has violated HOA/COA covenants, we give notice to the 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 Manassas Park ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Maintenance

Nesbitt Realty manages and dispatches handymen as needed. We strive to have work done in a prompt manner at a price and quality satisfactory to the landlord.

Inspections

Nesbitt Realty inspects the rental at the time of move-in at the time of move-out and from time-to-time while the lease is active.

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

Manassas Park Rental Management Resources

There is a first-time for everyone.

Do you need understand more about our area?

Our Guide to Real Estate is a helpful resource for anyone who wants to investigate real estate facts about Manassas Park and nearby areas.  The Guide to Real Estate compiles data about what has sold and what is currently listed, and a few compelling facts that you might not know.  Furthermore, our Guide features many of the assets of life in Manassas Park.  As might be expected, most of this is useful for buyers and sellers, but owners and renters will likely also find the facts to be quite enlightening.

More Information

If you've never employed a rental property manager in Manassas Park before, you may want to learn as much as possible about the process and what rental property management companies 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.

 

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