What do rental property management companies in Woodville do?
If this is your first-time considering hiring a property management company, you might want to understand more about what exactly rental property managers do. If this free reference doesn't answer all your questions, we're always happy 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 property owner and fees to the property manager.
Keep Records
Nesbitt Realty keeps a record of all money 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 necessary, we deal with homeowner or condo association. If the tenant is in violation of homeowner or condo association covenants, we give notice to the renter and take steps to put your renter 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 Woodville ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches handymen as required. We aim to have work done in a prompt fashion 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 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 Woodville
Woodville Property Management Resources
-
Basics
Fundamental info regarding management services in Woodville.
-
Getting Started
Learn more about getting started with property management
-
Find A Tenant
List your property to rent to find a reliable tenant in Woodville fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
-
Cost
An overview of fees associated with property management services in Woodville
-
Vetting
How Nesbitt Realty checks the backgrounds of 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.
Should you understand more about our area?
Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who wants to review important real estate information about Woodville and neighboring communities. The Guide to Real Estate includes data about what has sold and what is on the market, as well as a few shocking facts that you might not be aware of. In addition, our Guide spotlights quite a few of the benefits of life in Woodville. As might be expected, most of this is helpful for purchasers and sellers, but landlords and renters will probably also find the facts to be very enlightening.
More Information
If you've never contracted with a property manager in Woodville before, you should want to learn as much as possible about management 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.
