What do rental property management companies in Manassas Park do?
If this is your first-time hiring a rental property management company, you might 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 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 rental property manager.
Keep Records
Nesbitt Realty keeps an accounting of all income 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 homeowner's association (or condo association). If your renter has violated homeowner's association (or condo association) covenants, we give official notice to the tenant and take steps to put your 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.
Manage Repairs
Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to have work done in a timely fashion at a price and quality satisfactory to the landlord.
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 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
What makes us different from other property managers in Manassas Park
Manassas Park Rental Management Resources
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Basics
Fundamental info about what property management 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
Market your property to rent to find a great tenant in Manassas Park fast.
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Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
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Cost
A list of fees associated with rental management in Manassas Park
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Vetting
How Nesbitt Realty vets renters for landlords.
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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.
Should you understand more about the area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to learn more about Manassas Park and nearby areas. The Guide to Real Estate compiles facts about what has sold and what is on the market, as well as a couple of shocking facts that you may not know. Furthermore, our Guide features some assets of life in Manassas Park. Yes, most of this is interesting for buyers and sellers, but property owners and tenants will probably also find this information to be quite enlightening.
More Information
If you've never employed a property management company in Manassas Park before, you should want to know as much as possible about the process and what rental property management companies actually 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.
