What we look for in Newgate renters
In Newgate, our team wants to work with reliable tenants. Here are a few of the traits we seek out.
- 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 renter has integrity. A tenant does not sneak in a co-tenant or pet.
- A renter is fastidious. A renter does not bring pests like rodents and bugs.
- A renter does not misuse systems.
- A renter is courteous and easy to work with. A renter understands the difference between a property manager and a hotel concierge.
- A renter doesn't bother neighbors.
- A tenant complains when appropriate. tenants that don't report maintenance issues cost real estate investors money and cause issues for property managers.
- A renter doesn't complain when it's not appropriate. This means that a renter doesn't demand to upgrade 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 tenant does not smoke in the rental.
- A renter is looking for a lease that is as long as the landlord wants to rent the rental.
So this is what we're looking for in a renter, but how do we find tenants who live up to this standard? Experience has taught us that unreasonable renters can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out tardy tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge people in Newgate based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential renters based upon their track record and their actions. If a applicant is rude to our staff from the beginning, they will probably be trying as renters. If a makes false statements, we will expect them to be dishonest as a renter. If a has troubles scrounging up certified fundsfor background fees and the first month of rent, we will expect that same potential renter will have difficulty while they are in the rental.
But even when every action initially is good we still vet every person with a full background check. Every applicant and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.
Newgate Property Management Resources
Basics
Elementary info about what property management in Newgate.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great tenant in Newgate fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management in Newgate
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a free source for rental investors in Newgate
- Before you rent out your rental property in Newgate
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your management company handles the association and your community
- How your property management company handles utilities
- How Nesbitt finds renters
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Newgate owner responsibilities
- Maintenance, repairs & inspections for your rental property in Newgate
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When owners don't yet know their new address
- Vetting renters in Newgate
More Information About Newgate
Our recommendation
After the background check is complete we make a recommendation to the real estate investor based upon our experience as property managers in Newgate and the information that 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.
Should you understand more about the area?
Our Guide to Real Estate is a handy resource for anyone who needs to investigate real estate facts about Newgate and neighboring areas. The Guide to Real Estate compiles data about what has sold and what is on the market, as well as a couple of shocking facts that you may not know. Not to mention, our Guide spotlights many of the fundamentals of residing in Newgate. Of course, all of this is useful for buyers and sellers, but property owners and tenants will probably also find these tools 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