What we look for in Old Town tenants
In Old Town, Nesbitt Realty wants to work with good tenants. Here are some of the traits we seek out.
- A renter pays the rent on time every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A tenant is honest. A renter does not sneak in a co-renter or pet.
- A tenant is fastidious. A tenant does not bring pests like rodents and bugs.
- A tenant does not damage the property.
- A tenant is courteous and nice to get along with. A tenant knows the difference between a property manager and a hotel concierge.
- A tenant doesn't annoy neighbors.
- A renter complains at appropriate times. tenants that don't report maintenance issues cost landlords money and cause head-aches for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a renter doesn't demand 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 tenant 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 property.
So this is what we're looking for in a tenant, but how do we find tenants who live 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 knack for sniffing out bad renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Old Town based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge people based upon their reputation and their actions. If a applicant is difficult with us at the start, they will probably be troublesome as renters. If a is caught fabricating facts, we will expect them to be unreliable as a renter. If a has a problem finding money for background fees and the first month of rent, we can expect that same potential renter will have difficulty during the lease.
But even when every appearance initially is good we still check the background of each applicant with a full background check. Every person and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.
Old Town Rental Management Resources
Basics
Elementary info about what property management in Old Town.
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 Old Town fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management in Old Town
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 property?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a useful source for rental investors in Old Town
- Before you lease out your rental in Old Town
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your rental manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for property owners using our rental management
- How Nesbitt Realty & Management manage keys
- Old Town property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Old Town
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When property owners don't yet know their new address
- Vetting tenants in Old Town
More Information About Old Town
Our recommendation
After the background check is complete we make a recommendation to the real estate investor based upon our experience as rental managers in Old Town and the information that we have verified. Ultimately the property owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.
Do you need understand more about this local real estate market?
Our Guide to Real Estate is a helpful tool for everyone who hopes to learn more about Old Town and neighboring communities. The Guide to Real Estate provides information regarding what has sold and what is on the market, and a few surprising facts that you may not be aware of. In addition, our Guide highlights quite a few of the assets of residing in Old Town. Of course, most of this is interesting for purchasers and sellers, but rental investors and tenants may also find this information to be somewhat 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