What we seek in Lafayette Park Condominium tenants
In Lafayette Park Condominium, our team wants to deal with reasonable tenants. Here are some of the traits we expect.
- A renter pays the rent when due every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A tenant is trustworthy. A tenant does not sneak in a co-tenant or pet.
- A renter is fussy about cleanliness. A renter does not attract pests like rodents and bugs.
- A renter does not overwork systems.
- A tenant is courteous and easy to get along with. A renter knows the difference between a property manager and a hotel concierge.
- A renter doesn't annoy neighbors.
- A tenant reports problems when appropriate. Renters that don't report maintenance issues cost real estate investors money and cause problems for property managers.
- A tenant doesn't gripe when it's not appropriate. This means that a renter doesn't demand 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 rental.
- A tenant 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 measure up to this ideal? Experience has taught us that troublesome renters 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 people in Lafayette Park Condominium based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their history and their actions. If a applicant is difficult with us at the outset, they will probably be troublesome as renters. If a is dishonest, we will expect them to be dishonest as a tenant. If a has difficulty scrounging up money for background fees and the first month of rent, we can expect that same person will have difficulty during the lease.
But even if every statement initially is promising we still vet each 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.
How we protect the landlord’s interests in Lafayette Park Condominium:
Lafayette Park Condominium Property Management Resources
Basics
Elementary information about what rental managment in Lafayette Park Condominium.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable tenant in Lafayette Park Condominium fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Lafayette Park Condominium
Vetting
How Nesbitt Realty vets tenants 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 useful source for property owners in Lafayette Park Condominium
- Before you lease out your rental property in Lafayette Park Condominium
- Collections and evictions
- Communications with the tenant
- During tenancy
- End of tenancy and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Lafayette Park Condominium rental investor responsibilities
- Maintenance, repairs & inspections for your rental property in Lafayette Park Condominium
- 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 renters in Lafayette Park Condominium
More Information About Lafayette Park Condominium
Our recommendation
After the background check is complete we make a recommendation to the property owner based upon our experience as property managers in Lafayette Park Condominium 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 need understand more about this community?
Nesbitt Realty's Guide to Real Estate is a handy tool for anyone who needs to learn more about Lafayette Park Condominium and surrounding areas. The Guide to Real Estate has data regarding what has sold and what is currently listed, as well as many shocking facts that you might not know. Not to mention, our Guide features many of the assets of living in Lafayette Park Condominium. Of course, most of this is helpful for buyers and sellers, but owners and tenants may also find these resources to be somewhat 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