What we seek in Providence renters
In Providence, Nesbitt Realty prefers to work with reliable renters. Here are some of the traits we seek out.
- A tenant pays the rent when due every month. This means paying on or before the first, rather than at 5 pm on the 5th.
- A renter has integrity. A renter does not sneak in a co-tenant or pet.
- A tenant is fastidious. A renter does not attract pests such as rodents and bugs.
- A renter does not damage systems.
- A renter is courteous and nice to work with. A renter understands the difference between a property manager and a hotel concierge.
- A tenant doesn't disturb neighbors.
- A renter reports problems at appropriate times. tenants that don't report maintenance issues cost landlords 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 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 renter does not smoke in the property.
- A renter 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 unreasonable 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 renters in Providence based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their history and their actions. If a applicant is difficult with our managers at the beginning, they will probably be troublesome as renters. If a makes false statements, we can expect them to be untrustworthy as a tenant. If a has a problem finding certified fundsfor background fees and the first month of rent, we will expect that same potential tenant will have troubles 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 potential tenant and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.
Providence Property Management Resources
Basics
Elementary info regarding property management in Providence.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable renter in Providence fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of rental management in Providence
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 property?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a good reference for landlords in Providence
- Before you lease out your rental property in Providence
- Collections and evictions
- Communications with the tenant
- During tenancy
- 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 property manager handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for rental investors using our rental management
- How Nesbitt Realty & Management manage keys
- Providence owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Providence
- 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 Providence
More Information About Providence
Our recommendation
After the background check is complete we make a recommendation to the real estate investor based upon our experience as rental managers in Providence 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 want know more about this community?
Nesbitt Realty's Guide to Real Estate is a handy tool for anyone who hopes to review important real estate information about Providence and neighboring communities. The Guide to Real Estate compiles facts about what has sold and what is on the market, and some shocking facts that you might not be aware of. And, our Guide features some elements of living in Providence. Certainly, most of this is interesting for buyers and sellers, but landlords and renters might also find the facts 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