What do property management companies in Woodville do?
If this is your first-time hiring a rental property management company, you might want to understand more about what exactly property managers do. If this quick reference doesn't answer all your questions, we're always will 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 landlord and fees to the property manager.
Keep Records
Nesbitt Realty keeps an accounting 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 necessary, your manager will deal with homeowner or condo association. If the tenant has violated homeowner's association (or condo association) rules, we give official notice to your tenant 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.
Handle Repairs
Nesbitt Realty manages and dispatches handymen as required. We try to have work done in a prompt 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 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 Rental Management Resources
-
Basics
Elementary information regarding property management in Woodville.
-
Getting Started
Learn more about getting started with rental property management
-
Find A Tenant
Market your property to rent to find a great renter in Woodville fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
-
Cost
A list of fees associated with rental management services in Woodville
-
Vetting
How Nesbitt Realty vets renters for property owners.
-
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 know more about the local real estate market?
Our Guide to Real Estate is a handy resource for everyone who wants to investigate real estate facts about Woodville and neighboring areas. The Guide to Real Estate compiles facts regarding what has sold and what is for sale, as well as many surprising facts that you may not know. Also, our Guide highlights some aspects of residing in Woodville. Of course, all of this is useful for purchasers and sellers, but property owners and renters will likely also find these tools to be quite sobering.
More Information
If you've never used a rental property management company in Woodville before, you will want to know as much as possible about management and what property managers really 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.
