What we look for in Wakefield renters
In Wakefield, Nesbitt Realty likes to deal with good renters. Here are a few of the traits we look for.
- 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 renter is honest. A renter does not sneak in a co-renter or pet.
- A renter is neat. A tenant does not attract pests such as rodents and bugs.
- A tenant does not overwork the home.
- A tenant is courteous and pleasant to work with. A tenant knows the difference between a property manager and a hotel concierge.
- A renter doesn't annoy neighbors.
- A tenant reports problems when appropriate. Renters that don't report maintenance issues cost real estate investors money and cause problems for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a renter doesn't ask to replace functioning systems. A renter 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 tenant does not smoke in the home.
- A renter is looking for a lease that is as long as the landlord wants to rent the home.
So this is what we're looking for in a tenant, but how do we find tenants who measure up to this ideal? Experience has taught us that bad 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 Wakefield based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential renters based upon their track record and their actions. If a applicant is rude to our staff at the beginning, they will probably be troublesome as renters. If a is caught fabricating facts, we can expect them to be untrustworthy as a tenant. If a has difficulty finding money for 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 if every appearance initially is promising we still vet each person with a complete background check. Every potential tenant and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.
Wakefield Property Management Resources
Basics
Basic info regarding property management in Wakefield.
Getting Started
Learn more about getting started with 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 real estate investors?
Cost
A list of fees associated with rental management in Wakefield
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
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 archive for property owners in Wakefield
- Before you put a renter in your rental property in Wakefield
- 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 landlord get paid?
- How your rental manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Wakefield rental investor 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 property
- When 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 owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.
Do you want know more about our local real estate market?
Our Guide to Real Estate is a free resource for everyone who hopes to investigate real estate facts about Wakefield and neighboring communities. The Guide to Real Estate compiles data about what has sold and what is currently listed, as well as many interesting facts that you might not know. In addition, our Guide has many of the fundamentals of life in Wakefield. Of course, all of this is useful for purchasers and sellers, but property owners and tenants should also find the facts to be somewhat edifying.
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