What we look for in St Elmo renters
In St Elmo, our management staff likes to deal with reasonable renters. Here are a few of the traits we expect.
- A renter pays the rent when due every month. This means paying on or before the first, rather than at 5 pm on the 5th.
- A renter is honest. A renter does not sneak in a co-tenant or pet.
- A renter is neat. A tenant does not attract pests such as rodents and bugs.
- A renter does not destroy the property.
- A renter is courteous and easy to work with. A renter knows the difference between a property manager and a hotel concierge.
- A renter doesn't bother neighbors.
- A renter complains when appropriate. tenants that don't report maintenance issues cost property owners money and cause issues for property managers.
- A renter doesn't complain when it's not appropriate. This means that a renter doesn't demand to upgrade functioning systems. A renter doesn't expect more than the lease provides. A renter doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
- A renter does not smoke in the home.
- A renter is looking for a rental term that is as long as the owner wants to rent the home.
So this is what we're looking for in a renter, but how do we find tenants who measure up to this standard? Experience has taught us that tardy renters can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out bad renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge applicants in St Elmo based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their history and their actions. If a applicant is difficult with us at the outset, they will probably be difficult as renters. If a makes false statements, we will expect them to be untrustworthy as a tenant. If a has difficulty scrounging up fundsfor background fees and the first month of rent, we will expect that same applicant will have problems while they are in the rental.
But even when every statement initially is promising we still vet every potential renter with a full background check. Every person and occupant must provide a government-issue photo identification. From there, as property managers we start our vetting process.
St Elmo Rental Management Resources
Basics
Basic information about what rental managment in St Elmo.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable tenant in St Elmo fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with property management services in St Elmo
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 investments?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a useful archive for landlords in St Elmo
- Before you put a renter in your investment in St Elmo
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for landlords using our rental management
- How Nesbitt Realty & Management manage keys
- St Elmo landlord responsibilities
- Maintenance, repairs & inspections for your rental property in St Elmo
- 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 St Elmo
More Information About St Elmo
Our recommendation
After the background check is reviewed we make a recommendation to the property owner based upon our experience as property managers in St Elmo and the information that we have verified. Ultimately the landlord decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.
Should you know more about the area?
Our Guide to Real Estate is a handy resource for everyone who wants to find out more about St Elmo and surrounding areas. The Guide to Real Estate has information about what has sold and what is currently listed, as well as a few compelling facts that you might not be aware of. Not to mention, our Guide has quite a few of the benefits of living in St Elmo. Definitely, all of this is interesting for purchasers and sellers, but real estate investors and tenants may also find this information to be somewhat useful.
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