What we seek in Royal Legacy renters
In Royal Legacy, Nesbitt Realty prefers to deal with good tenants. Here are a few of the traits we look for.
- A renter 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-tenant or pet.
- A tenant is reasonably clean. A tenant does not bring pests like rodents and bugs.
- A renter does not overwork the home.
- A renter is courteous and pleasant to work with. A tenant understands the difference between a property manager and a hotel concierge.
- A tenant doesn't disturb 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 renter doesn't gripe when it's not appropriate. This means that a tenant 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 renter doesn't know how to operate the appliance.
- A renter does not smoke in the rental.
- A tenant is looking for a lease that is as long as the real estate investor wants to rent the property.
So this is what we're looking for in a tenant, but how do we find renters who live up to this standard? Experience has taught us that troublesome tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out bad tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Royal Legacy based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess applicants based upon their history and their actions. If a applicant is difficult with our managers from the start, they will probably be rude as renters. If a is dishonest, we can expect them to be dishonest as a tenant. If a has troubles producing money for background fees and the first month of rent, we will expect that same person will have troubles during the lease.
But even if every action initially is promising we still vet every potential renter with a full background check. Every person and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.
Royal Legacy Rental Management Resources
Basics
Elementary information about what management services in Royal Legacy.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable renter in Royal Legacy fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management services in Royal Legacy
Vetting
How Nesbitt Realty vets renters 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 handy archive for landlords in Royal Legacy
- Before you lease out your rental in Royal Legacy
- 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 landlord get paid?
- How your property management company handles the association and your community
- How your rental manager handles utilities
- How Nesbitt finds renters
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Royal Legacy property owner responsibilities
- Maintenance, repairs & inspections for your rental property in Royal Legacy
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When owners don't yet know their new address
- Vetting tenants in Royal Legacy
More Information About Royal Legacy
Our recommendation
After the background check is finished we make a recommendation to the owner based upon our experience as property managers in Royal Legacy and the information which 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 know more about this local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who needs to find out more about Royal Legacy and neighboring areas. The Guide to Real Estate includes facts regarding what has sold and what is on the market, as well as some surprising facts that you might not be aware of. In addition, our Guide highlights some benefits of living in Royal Legacy. Naturally, all of this is helpful for purchasers and sellers, but real estate investors and renters will likely also find the facts to be quite sobering.
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