What we seek in Chapel Hill renters
In Chapel Hill, Nesbitt Realty wants to work with reliable tenants. Here are a few of the traits we expect.
- A tenant pays the rent when due every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A tenant is honest. A tenant does not sneak in a co-renter or pet.
- A tenant is fussy about cleanliness. A renter does not attract pests like rodents and bugs.
- A renter does not break the property or its systems.
- A renter 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 annoy neighbors.
- A renter reports problems at appropriate times. tenants that don't report maintenance issues cost real estate investors money and cause head-aches for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a renter doesn't demand 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 home.
- A renter is looking for a rental term that is as long as the owner wants to rent the rental.
So this is what we're looking for in a renter, but how do we find tenants who measure up to this ideal? Experience has taught us that tardy tenants can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out bad tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge people in Chapel Hill based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential renters based upon their reputation and their actions. If a applicant is rude to us from the outset, they will probably be rude as renters. If a makes false statements, we can expect them to be untrustworthy as a tenant. If a has troubles scrounging up fundsfor background fees and the first month of rent, we will expect that same potential renter will have problems during the lease.
But even when every statement initially is promising we still check the background of every potential renter with a complete background check. Every person and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.
Chapel Hill Property Management Resources
Basics
Elementary information regarding rental managment in Chapel Hill.
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 Chapel Hill fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management services in Chapel Hill
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 good reference for property owners in Chapel Hill
- Before you put a renter in your rental property in Chapel Hill
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your property management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Chapel Hill landlord responsibilities
- Maintenance, repairs & inspections for your rental investment in Chapel Hill
- 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 Chapel Hill
More Information About Chapel Hill
Our recommendation
After the background check is reviewed we make a recommendation to the property owner based upon our experience as rental managers in Chapel Hill 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 need understand more about the community?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to find out more about Chapel Hill and surrounding communities. The Guide to Real Estate compiles facts regarding what has sold and what is on the market, and a few shocking facts that you might not be aware of. In addition, our Guide spotlights many of the elements of living in Chapel Hill. As might be expected, all of this is useful for purchasers and sellers, but rental investors and renters will probably also find these resources to be quite informative.
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