Nesbitt Realty prepares written leases for landlords with rental homes in Northern Virginia as a part of our management services in Fairfax County service.
Of course, you're probably already aware that all of our leases are in writing. The rental contract Nesbitt Realty uses was written by staff attorneys at the Northern Virginia Association of Realtors. Nesbitt Realty & Management just changes details like the address, the dates and so forth.
Leases usually have an one-year term. Longer leases are atypically approved and only after discussions with the owner. With the investor’s approval---especially during slower rental periods---Nesbitt Realty makes rental contracts for less than one year. Most usually investors accept longer or shorter leases to have the rental contract expire during a more active rental period. Our family real estate company will every so often work to place a tenant on a month-to-month or short-term lease to accommodate sale of the condo by the owner, a renter’s pending departure, or moving the rental into a more active rental period.
For a complete break-down our process, contact Stuart Nesbitt or read more here. Nesbitt Realty has these vital associations: Better Business Bureau, National Association of Residential Property Managers, Virginia Association of Realtors, and more. We have all necessary affiliations and licensing to manage investment place in Fairfax County and anywhere in Virginia state.
Read more about Nesbitt Realty's about rental property management services in Alexandria
$1,900 // 1 bed // 1 bath // 0 half-bath // 805 sqft // Alexandria22303 VA
If you've never hired the services of a property manager before, you'll probably want to learn as much as possible about the process and what exactly property managers' portfolio entails. In the broadest sense, here's what all property managers do (or promise to do):
Collect rents. Place rents into an escrow account. Disburse funds to pay bills, income to landlords, 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 and late fee notices. We also 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 make random inspections 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 a 30-day-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.]