As a landlord, you could do rental management services yourself, or you could recruit an experienced rental management company like us to watch over your investment residence in the counties of Alexandria, Arlington, Fairfax and Falls Church.
Nesbitt Realty and Management is accountable for property management details comparable to:
Managing security deposits
Processing rental applications
Suggestions for improvements to the rental
Creating a lease
There is one thing that we do for landlords that no landlord can do for himself: we provide a level of separation between you and your tenant. But the above is just a brief list of some of the many duties we perform. For a complete of what we do for our landlord clients, talk to Andrew Patton or read more here. Our tiny brokerage has diverse necessary memberships: Northern Virginia Association of Realtors, National Association of Residential Property Managers, Virginia Association of Realtors, and more. Nesbitt also gets renters through government organizations and other methods. To learn more about the full-list of what we do, contact an agent today.
Read more about Nesbitt Realty's about rental management services
$3,300 // 3 bed // 3 bath // 1 half-bath // 1,968 sqft // 6114 Manchester Park Cir Alexandria22310 VA
If you’ve never used a property manager before, you’ll probably want to learn as much as possible about the process and what exactly property managers do. In the broadest sense, here’s what all property managers do (or promise to do):
Collect the rents. Put the rents into an escrow account. Disburse funds to pay bills, income to the landlord and fees to the property management company.
Keep a record of all money and receipts and furnish that record on a regular basis to the landlord.
Deal with HOA/COA.
Manage tenant relations including maintenance requests, late fee notices. 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.
Ensure compliance with state laws, local ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, and IRS requirements.
Manage and dispatch handymen as needed.
Inspect the property at the time of move-in, at the time of move-out, and from time-to-time during tenancy.
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.
Our standard agreement is an one year term, but either party can terminate the arrangement with 30 days notice.
The next step is to learn a little more about what differentiates us from other property managers.
[Learn more about our property management services now.]