First-time using property management?

What do property management companies in Woodbridge do?

If this is your first-time hiring a property management company, you should want to understand more about what exactly property management companies do.  If this handy reference doesn't answer all your questions, we're always eager to provide more information.

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 real estate investor and fees to the rental property manager.

Keep Records

Nesbitt Realty keeps an accounting of all income and payables. 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 necessary, your manager will deal with homeowner's association (or condo association). If your renter is in violation of HOA/COA rules, we give official notice to the renter and take steps to put your 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 Woodbridge ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Upkeep

Nesbitt Realty manages and dispatches maintenance personnel when needed. We strive to have work done in a timely manner at a price and quality acceptable to the property owner.

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

Woodbridge Property Management Resources

There is a first-time for everyone.

Do you want understand more about this community?

Our Guide to Real Estate is a helpful resource for everyone who wants to find out more about Woodbridge and neighboring areas.  The Guide to Real Estate provides facts regarding what has sold and what is on the market, as well as a couple of shocking facts that you may not be aware of.  And, our Guide highlights many of the benefits of residing in Woodbridge.  As a matter of course, all of this is helpful for purchasers and sellers, but owners and tenants will likely also find this information to be quite informative.

More Information

If you've never used a rental property management company in Woodbridge before, you should want to learn as much as possible about management and what rental property management companies really 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.

 

At the top of the market recently rented in Woodbridge

Typical rentals under lease in Woodbridge

Budget properties under lease in Woodbridge