First-time using property management?

What do rental property management companies in Woodville do?

If this is your first-time hiring a property manager, you might want to know more about what exactly rental property managers do.  If this reference doesn't answer all your questions, we're always eager 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 property owner and fees to the property management company.

Keep Records

Nesbitt Realty keeps a record of all money and receipts. We send monthly statements to the property owner 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, your manager will deal with homeowner or condo association. If the tenant has violated homeowner's association (or condo association) 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.

Manage Maintenance

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 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

Woodville Property Management Resources

There is a first-time for everyone.

Do you need understand more about the local real estate market?

Our Guide to Real Estate is a helpful tool for everyone who hopes to learn more about Woodville and neighboring areas.  The Guide to Real Estate provides data regarding what has sold and what is on the market, as well as some compelling facts that you might not be aware of.  Furthermore, our Guide features many of the aspects of life in Woodville.  Yes, most of this is useful for buyers and sellers, but rental investors and tenants may also find these resources to be very informative.

More Information

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

 

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