The first step for us to shop a dependable tenant is to advertise the listing to the most people possible. But the second step is to find the the best-possible renter. Checking out applicants is one of the most crucial tasks of the successful management services of a investment place like 4550 Strutfield Ln #2206.
Nesbitt Realty examines the applicant’s past behavior. With that in mind, Nesbitt Realty assumes the applicant’s future behavior will be the same or similar. The prospective renter should demonstrate a history of being a solid, reliable lessee while at the same time meeting our financial criteria. Our background checking process is founded on several elements including:
- Landlord Reference – Nesbitt utilizes public information, tax records and other research and verification to ensure that we're talking to actual investor about actual rental history of the prospective lessee.
- Income Verification – Nesbitt Realty & Management verifies job title, salary, job status and prospects for continued employment. Depending upon the possible renter's debt load, a tenant needs to earn not less than 3 to 4 times the monthly rent in gross income to qualify for rental.
- Credit History – The prospective lessee's credit history informs us about the applicant’s current and past performance in meeting their financial obligations. The applicant’s credit report also tells us their monthly debt and shows their previous addresses (which we compare to addresses listed on the application). An applicant must have acceptable credit to qualify.
If accepted, the applicant’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the tenant with a copy of any association documents needed for disclosure and instruction on rules and regulations associated with the rental residence and community.
For a complete break-down our process, email Andrew Patton or read more here. We have all necessary licenses and accreditation to manage rental in the City of Alexandria and anywhere in the Commonwealth of Virginia. Our family real estate business has diverse critical associations and memberships: Northern Virginia Association of Realtors, Virginia Association of Realtors, Better Business Bureau, and more