What we seek in Wakefield tenants
In Wakefield, Nesbitt Realty prefers to work with reliable tenants. Here are some of the traits we expect.
- A tenant pays the rent on time every month. 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 neat. A tenant does not attract pests such as rodents and bugs.
- A renter does not break systems.
- 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 disturb neighbors.
- A renter reports problems when appropriate. tenants that don't report maintenance issues cost landlords money and cause head-aches for property managers.
- A renter doesn't complain when it's not appropriate. This means that a tenant doesn't demand to replace 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 renter does not smoke in the home.
- A renter is looking for a lease 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 renters who live up to this ideal? Experience has taught us that unreasonable renters can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out difficult tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Wakefield based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their track record and their actions. If a applicant is rude to our managers at the beginning, they will probably be trying as tenants. If a is dishonest, we can expect them to be dishonest as a tenant. If a has difficulty finding fundsfor background fees and the first month of rent, we will expect that same potential tenant will have troubles while they are in the rental.
But even if every appearance initially is good we still vet each potential renter with a full background check. Every person and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.
Wakefield Rental Management Resources
Basics
Elementary info regarding property management in Wakefield.
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 Wakefield fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management in Wakefield
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 property?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a useful archive for rental investors in Wakefield
- Before you put a renter in your investment in Wakefield
- Collections and evictions
- Communications with the renter
- During the lease term
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Wakefield owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Wakefield
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When property owners don't yet know their new address
- Vetting renters in Wakefield
More Information About Wakefield
Our recommendation
After the background check is reviewed we make a recommendation to the landlord based upon our experience as rental managers in Wakefield 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 want understand more about the community?
Our Guide to Real Estate is a free tool for everyone who needs to find out more about Wakefield and neighboring areas. The Guide to Real Estate compiles information regarding what has sold and what is currently listed, and some surprising facts that you may not be aware of. Also, our Guide has many of the assets of living in Wakefield. Of course, all of this is interesting for buyers and sellers, but owners and tenants will probably also find this data to be quite eye-opening.
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