What do rental property management companies in Woodbridge do?
If this is your first-time hiring a rental property management company, you might want to learn more about what exactly property managers do. If this reference doesn't answer all your questions, we're always happy to help.
Collect Rents
Nesbitt Realty puts funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the landlord 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 landlord 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 is in violation of homeowner's association (or condo association) covenants, we provide written notice to your renter 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 Woodbridge ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches maintenance personnel as required. We strive to get work done in a timely manner 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 while the lease is active.
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
What makes us different from other property managers in Woodbridge
Woodbridge Rental Management Resources
-
Basics
Basic info regarding property management in Woodbridge.
-
Getting Started
Learn more about getting started with property management
-
Find A Tenant
List your property to rent to find a great renter in Woodbridge fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
-
Cost
An overview of fees associated with rental management in Woodbridge
-
Vetting
How Nesbitt Realty vets tenants for landlords.
-
Reserves
What is a contingency reserve account?
-
Territory
Where does Nesbitt Realty manage property?
-
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need know more about this community?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who hopes to review important real estate information about Woodbridge and nearby areas. The Guide to Real Estate includes information regarding what has sold and what is currently listed, as well as a couple of interesting facts that you may not be aware of. Not to mention, our Guide highlights some benefits of living in Woodbridge. Of course, most of this is interesting for purchasers and sellers, but owners and tenants will likely also find the facts to be quite sobering.
More Information
If you've never contracted with a property management company in Woodbridge before, you will want to know as much as possible about management and what 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.
