What we seek in Downtown renters
In Downtown, our management staff likes to work with dependable tenants. Here are a few of the traits we look for.
- 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 tenant has integrity. A tenant does not sneak in a co-renter or pet.
- A renter is reasonably clean. A renter does not bring pests like rodents and bugs.
- A renter does not break the property.
- A renter is courteous and easy to work with. A renter knows the difference between a property manager and a hotel concierge.
- A renter doesn't bother neighbors.
- A tenant reports problems when appropriate. Renters that don't report maintenance issues cost landlords money and cause issues for property managers.
- A renter doesn't complain when it's not appropriate. This means that a renter doesn't ask to replace functioning systems. A renter doesn't expect more than the lease provides. A renter doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
- A tenant does not smoke in the property.
- A renter is looking for a rental term that is as long as the property owner wants to rent the property.
So this is what we're looking for in a tenant, but how do we find renters who live up to this ideal? Experience has taught us that unreasonable renters can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out difficult tenants.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge people in Downtown based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess applicants based upon their history and their actions. If a applicant is rude to our managers at the outset, they will probably be difficult as tenants. If a makes false statements, we can expect them to be untrustworthy as a renter. If a has difficulty scrounging up money for background fees and the first month of rent, we will expect that same applicant will have difficulty while they are in the rental.
But even when every appearance initially is promising we still vet every person 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.
Downtown Rental Management Resources
Basics
Fundamental information about what rental managment in Downtown.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Downtown fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with property management services in Downtown
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
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 handy archive for rental investors in Downtown
- Before you lease out your investment in Downtown
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a renter breaks the lease
- How does the landlord get paid?
- How your property manager handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty finds tenants
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Downtown landlord responsibilities
- Maintenance, repairs & inspections for your property in Downtown
- 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 Downtown
More Information About Downtown
Our recommendation
After the background check is reviewed we make a recommendation to the owner based upon our experience as rental managers in Downtown 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 our local real estate market?
Our Guide to Real Estate is a helpful tool for anyone who wants to learn more about Downtown and neighboring communities. The Guide to Real Estate compiles information regarding what has sold and what is currently listed, and many shocking facts that you might not know. Furthermore, our Guide highlights quite a few of the aspects of residing in Downtown. As might be expected, all of this is helpful for purchasers and sellers, but property owners and renters should also find these tools to be very edifying.
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