What do property management companies in Woodville do?
If this is your first-time considering hiring a rental property manager, you may want to understand more about what exactly property managers do. If this reference doesn't answer all your questions, we're always will to provide more information.
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 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, your manager will deal with homeowner's association (or condo association). If the tenant has violated homeowner's association (or condo association) covenants, we give notice to the tenant and take steps to put your 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 Upkeep
Nesbitt Realty manages and dispatches handymen as needed. We try to have work done in a timely fashion 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 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
What makes us different from other property managers in Woodville
Woodville Property Management Resources
-
Basics
Fundamental info regarding property management in Woodville.
-
Getting Started
Learn more about getting started with property management
-
Find A Tenant
Market your property to rent to find a reliable tenant in Woodville fast.
-
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
-
Cost
An overview of prices of property management services in Woodville
-
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
-
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 want understand more about the community?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to review important real estate information about Woodville and neighboring communities. The Guide to Real Estate provides facts about what has sold and what is for sale, as well as many compelling facts that you may not know. Furthermore, our Guide highlights quite a few of the benefits of residing in Woodville. As a matter of course, most of this is useful for purchasers and sellers, but property owners and tenants will probably also find these resources to be very enlightening.
More Information
If you've never employed a property management company in Woodville before, you will want to understand as much as possible about the process and what rental property management companies 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.
