What we look for in Burgundy Woods tenants
In Burgundy Woods, our team prefers to deal with reliable tenants. Here are a few of the traits we seek out.
- A renter pays the rent when due every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A tenant is trustworthy. A renter does not sneak in a co-renter or pet.
- A tenant is fastidious. A tenant does not bring pests such as rodents and bugs.
- A renter does not destroy systems.
- A renter is courteous and easy to work with. A tenant understands the difference between a property manager and a hotel concierge.
- A tenant doesn't bother neighbors.
- A renter complains at appropriate times. tenants that don't report maintenance issues cost landlords money and cause issues for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a tenant doesn't ask to upgrade functioning systems. A tenant doesn't expect more than the lease provides. A tenant doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
- A tenant does not smoke in the home.
- A tenant is looking for a lease that is as long as the owner wants to rent the rental.
So this is what we're looking for in a tenant, but how do we find renters who measure up to this ideal? Experience has taught us that difficult tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out troublesome renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential renters in Burgundy Woods based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge applicants based upon their track record and their actions. If a applicant is difficult with our managers at the beginning, they will probably be trying as renters. If a is caught fabricating facts, we will expect them to be dishonest as a tenant. If a has a problem producing certified fundsfor background fees and the first month of rent, we can expect that same potential tenant will have problems during the lease.
But even if every action initially is promising we still check the background of each applicant with a complete background check. Every person and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.
Burgundy Woods Rental Management Resources
Basics
Fundamental information regarding management services in Burgundy Woods.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Burgundy Woods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with property management services in Burgundy Woods
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a free reference for landlords in Burgundy Woods
- Before you put a renter in your rental property in Burgundy Woods
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt finds tenants
- Insurance matters for rental investors using our rental management
- How Nesbitt Realty & Management manage keys
- Burgundy Woods rental investor responsibilities
- Maintenance, repairs & inspections for your property in Burgundy Woods
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting renters in Burgundy Woods
More Information About Burgundy Woods
Our recommendation
After the background check is reviewed we make a recommendation to the owner based upon our experience as rental managers in Burgundy Woods and the information which we have verified. Ultimately the owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.
Should you know more about our area?
Our Guide to Real Estate is a helpful tool for everyone who needs to review important real estate information about Burgundy Woods and neighboring areas. The Guide to Real Estate has data regarding what has sold and what is currently listed, as well as a couple of interesting facts that you may not be aware of. And, our Guide features many of the elements of residing in Burgundy Woods. Certainly, most of this is helpful for purchasers and sellers, but property owners and renters might also find this information to be quite enlightening.
Our Broker Will Nesbitt
"I am by nature a trusting person, but this business has taught me to verify every statement that a tenant makes. Scammers and bad tenants can sometimes give every appearance of being trustworthy and upright people. We never cut corners on background checks." ~ Will Nesbitt
Julie Nesbitt
I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt