What we look for in Odyssey renters
In Odyssey, our team likes to work with reasonable tenants. Here are some 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-renter or pet.
- A renter is neat. A renter does not bring pests such as rodents and bugs.
- A renter does not destroy systems.
- A renter is courteous and nice to work 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. Renters that don't report maintenance issues cost landlords money and cause problems 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 renter does not smoke in the property.
- A renter is looking for a lease that is as long as the owner wants to rent the rental.
So this is what we're looking for in a tenant, but how do we find renters who measure up to this ideal? Experience has taught us that difficult tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out difficult renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential renters in Odyssey based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess people based upon their track record and their actions. If a applicant is difficult with us from the outset, they will probably be troublesome as tenants. If a is caught fabricating facts, we can expect them to be unreliable as a renter. If a has troubles producing certified fundsfor background fees and the first month of rent, we can expect that same potential renter will have problems while they are in the rental.
But even when every statement initially is good we still check the background of 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.
Odyssey Property Management Resources
Basics
Basic info about what property management in Odyssey.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable renter in Odyssey 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 services in Odyssey
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a useful archive for landlords in Odyssey
- Before you rent out your investment in Odyssey
- 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 landlord 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 rental investors using our rental management
- How Nesbitt Realty & Management manage keys
- Odyssey landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Odyssey
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When property owners don't yet know their new address
- Vetting renters in Odyssey
More Information About Odyssey
Our recommendation
After the background check is finished we make a recommendation to the real estate investor based upon our experience as rental managers in Odyssey and the information which we have verified. Ultimately the real estate investor decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.
Should you know more about this area?
Our Guide to Real Estate is a helpful tool for anyone who wants to learn more about Odyssey and neighboring areas. The Guide to Real Estate compiles facts about what has sold and what is currently listed, as well as some compelling facts that you might not be aware of. And, our Guide has many of the assets of living in Odyssey. Naturally, all of this is helpful for buyers and sellers, but owners and tenants should also find the facts 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