First-time using property management?

What do rental property management companies in Woodville do?

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

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 property manager.

Keep Records

Nesbitt Realty keeps a record 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 required, we deal with HOA/COA. If your renter has violated homeowner's association (or condo association) rules, we give written 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 Woodville ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Upkeep

Nesbitt Realty manages and dispatches handymen as needed. We aim to get work done in a prompt fashion at a price and quality satisfactory 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 during tenancy.

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

Woodville Rental Management Resources

There is a first-time for everyone.

Do you need know more about the area?

Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to investigate real estate facts about Woodville and neighboring areas.  The Guide to Real Estate includes facts regarding what has sold and what is on the market, as well as many surprising facts that you may not know.  Also, our Guide highlights many of the aspects of living in Woodville.  Of course, all of this is useful for buyers and sellers, but property owners and tenants will also find these tools to be quite useful.

More Information

If you've never contracted with a property management company in Woodville before, you should want to know as much as possible about the process and what rental property managers 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.

 

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