First-time using property management?

What do rental property managers in Woodville do?

If this is your first-time considering hiring a property manager, you may want to know more about what exactly property managers do.  If this handy reference doesn't answer all your questions, we're always happy to help.

Collect Rents

Nesbitt Realty puts 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 manager.

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, we deal with homeowner or condo association. If the tenant has violated HOA/COA rules, we provide written 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 Maintenance

Nesbitt Realty manages and dispatches maintenance personnel as required. We aim to get work done in a timely fashion at a price and quality acceptable to the real estate investor.

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

Woodville Rental Management Resources

There is a first-time for everyone.

Should you know more about the area?

Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who needs to review important real estate information about Woodville and neighboring areas.  The Guide to Real Estate provides information regarding what has sold and what is for sale, as well as a couple of interesting facts that you might not be aware of.  Furthermore, our Guide spotlights some fundamentals of living in Woodville.  Naturally, most of this is helpful for buyers and sellers, but rental investors and tenants should also find these tools to be somewhat informative.

More Information

If you've never contracted with a rental property management company in Woodville before, you will want to understand as much as possible about management and what rental 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.

 

Nesbitt Realty provides award-winning property management services.

Learn more about how we can help you achieve your real estate goals.

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