What we seek in Wayside tenants
In Wayside, our team prefers to deal with reliable renters. Here are a few of the traits we expect.
- A tenant pays the rent on time every month. This means paying on or before the first, rather than at 5 pm on the 5th.
- A renter is trustworthy. A renter does not sneak in a co-tenant or pet.
- A tenant is fussy about cleanliness. A renter does not bring pests such as rodents and bugs.
- A renter does not destroy systems.
- A renter is courteous and nice to get along with. A renter knows the difference between a property manager and a hotel concierge.
- A tenant doesn't annoy neighbors.
- A renter complains at appropriate times. tenants that don't report maintenance issues cost property owners 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 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 renter does not smoke in the home.
- A tenant is looking for a lease that is as long as the property owner wants to rent the rental.
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 difficult renters can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out unreasonable tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential renters in Wayside based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their track record and their actions. If a applicant is difficult with our managers from the outset, they will probably be difficult as renters. If a is caught fabricating facts, we can expect them to be untrustworthy as a tenant. If a has a problem scrounging up certified fundsfor background fees and the first month of rent, we can expect that same applicant will have difficulty during the lease.
But even when every action initially is promising we still vet every potential renter with a complete background check. Every applicant and occupant must provide a government-issue photo identification. From there, as property managers we start our vetting process.
Wayside Rental Management Resources
Basics
Elementary information regarding rental managment in Wayside.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Wayside fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of fees associated with rental management in Wayside
Vetting
How Nesbitt Realty vets renters 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 handy reference for rental investors in Wayside
- Before you lease out your rental in Wayside
- 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 rental investor get paid?
- How your property manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Wayside property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Wayside
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting tenants in Wayside
More Information About Wayside
Our recommendation
After the background check is finished we make a recommendation to the property owner based upon our experience as property managers in Wayside 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 local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who wants to learn more about Wayside and nearby communities. The Guide to Real Estate compiles information about what has sold and what is for sale, and a couple of shocking facts that you might not know. And, our Guide features some elements of living in Wayside. Definitely, all of this is helpful for purchasers and sellers, but rental investors and renters may also find this information 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