What do property management companies in Woodville do?
If this is your first-time considering hiring a rental property manager, you should want to understand more about what exactly property management companies do. If this reference doesn't answer all your questions, we're always eager to help.
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 management company.
Keep Records
Nesbitt Realty keeps an accounting of all income and payables. 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, we deal with HOA/COA. If the tenant has violated homeowner or condo association covenants, we give official notice to the tenant and take steps to put the 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 Upkeep
Nesbitt Realty manages and dispatches handymen when needed. We try to get work done in a prompt manner at a price and quality acceptable to the landlord.
Inspections
Nesbitt Realty inspects the rental 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 real estate investor 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
Fundamental information about what property management in Woodville.
-
Getting Started
Learn more about getting started with property management
-
Find A Tenant
List your property to rent to find a dependable renter in Woodville fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
-
Cost
An overview of prices of 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 rental property?
-
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need know more about our area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who needs to find out more about Woodville and surrounding areas. The Guide to Real Estate has data regarding what has sold and what is currently listed, as well as a couple of shocking facts that you may not know. In addition, our Guide spotlights quite a few of the fundamentals of living in Woodville. Naturally, most of this is helpful for buyers and sellers, but landlords and renters might also find this data to be somewhat edifying.
More Information
If you've never used a property manager in Woodville before, you will want to learn as much as possible about the process and what property management companies actually do. Feel free to call and chat 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.
