First-time using property management?

What do property managers 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 management companies do.  If this quick reference doesn't answer all your questions, we're always will to help.

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 real estate investor and fees to the property management company.

Keep Records

Nesbitt Realty keeps an accounting 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, your manager will deal with HOA/COA. If your renter has violated homeowner or condo association rules, we give written notice to the renter and take steps to put the tenant 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 Maintenance

Nesbitt Realty manages and dispatches handymen as required. We strive to get 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 lease is active.

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

Woodville Property Management Resources

There is a first-time for everyone.

Do you need know more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who needs to learn more about Woodville and surrounding areas.  The Guide to Real Estate includes facts about what has sold and what is on the market, as well as some interesting facts that you might not know.  And, our Guide features some elements of living in Woodville.  Definitely, all of this is helpful for buyers and sellers, but landlords and tenants might also find these resources to be very informative.

More Information

If you've never contracted with a property manager in Woodville before, you may want to learn as much as possible about the process and what rental property managers actually 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.

 

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