What we seek in Washington Square tenants
In Washington Square, our team likes to work with reliable tenants. Here are a few of the traits we expect.
- A renter pays the rent on time every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A tenant has integrity. A renter does not sneak in a co-tenant or pet.
- A tenant is neat. A renter does not bring pests such as rodents and bugs.
- A renter does not misuse the property.
- A tenant is courteous and easy to work with. A tenant knows the difference between a property manager and a hotel concierge.
- A renter doesn't bother neighbors.
- A renter reports problems when appropriate. 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 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 property.
- A tenant is looking for a rental term 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 tenants who live up to this standard? 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 troublesome renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Washington Square 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 difficult with our staff from the outset, they will probably be trying as tenants. If a is dishonest, we can expect them to be unreliable as a tenant. If a has troubles producing fundsfor background fees and the first month of rent, we will expect that same potential tenant will have troubles during the lease.
But even if every appearance initially is promising we still vet every potential tenant with a complete background check. Every potential tenant and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.
How we protect the landlord’s interests in Washington Square:
Washington Square Property Management Resources
Basics
Elementary info about what rental managment in Washington Square.
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 Washington Square fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Washington Square
Vetting
How Nesbitt Realty vets tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a useful source for property owners in Washington Square
- Before you put a renter in your rental in Washington Square
- 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 rental investor get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Washington Square owner responsibilities
- Maintenance, repairs & inspections for your property in Washington Square
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental property
- When property owners don't yet know their new address
- Vetting tenants in Washington Square
More Information About Washington Square
Our recommendation
After the background check is complete we make a recommendation to the owner based upon our experience as property managers in Washington Square and the information that 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.
Do you need understand more about this area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to investigate real estate facts about Washington Square and nearby areas. The Guide to Real Estate compiles data regarding what has sold and what is currently listed, and some compelling facts that you may not know. And, our Guide has quite a few of the benefits of residing in Washington Square. As might be expected, most of this is interesting for purchasers and sellers, but owners and tenants may also find these resources to be somewhat useful.
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