What we look for in Colonial Village tenants
In Colonial Village, our management staff wants to work with reliable renters. Here are a few of the traits we expect.
- 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 trustworthy. A tenant does not sneak in a co-renter or pet.
- A tenant is reasonably clean. A renter does not attract pests like rodents and bugs.
- A tenant does not misuse the home.
- A renter is courteous and pleasant to work with. A tenant knows 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 head-aches for property managers.
- A tenant 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 tenant does not smoke in the property.
- A renter is looking for a rental term that is as long as the landlord wants to rent the rental.
So this is what we're looking for in a tenant, but how do we find tenants who live up to this ideal? Experience has taught us that difficult 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 people in Colonial Village 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 rude to our managers at the start, they will probably be difficult as renters. If a is caught fabricating facts, we can expect them to be untrustworthy as a renter. If a has difficulty scrounging up money for background fees and the first month of rent, we will expect that same potential tenant will have difficulty during the lease.
But even when every action initially is promising we still vet every potential renter with a full background check. Every applicant and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.
How we protect the landlord’s interests in Colonial Village:
Colonial Village Rental Management Resources
Basics
Elementary info regarding property management in Colonial Village.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable tenant in Colonial Village fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management services in Colonial Village
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a good reference for rental investors in Colonial Village
- Before you rent out your investment in Colonial Village
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the owner get paid?
- How your property manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Colonial Village owner responsibilities
- Maintenance, repairs & inspections for your rental property in Colonial Village
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When landlords don't yet know their new address
- Vetting tenants in Colonial Village
More Information About Colonial Village
Our recommendation
After the background check is finished we make a recommendation to the property owner based upon our experience as rental managers in Colonial Village and the information which 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.
Do you want know more about our area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who needs to learn more about Colonial Village and nearby communities. The Guide to Real Estate provides data about what has sold and what is for sale, as well as some shocking facts that you might not be aware of. And, our Guide features many of the aspects of residing in Colonial Village. Of course, all of this is useful for buyers and sellers, but owners and tenants will probably also find this data to be very 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