What we seek in Lake Frederick tenants
In Lake Frederick, our management staff prefers to work with good tenants. Here are a few of the traits we seek out.
- A tenant 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-renter or pet.
- A tenant is fastidious. A tenant does not bring pests such as rodents and bugs.
- A tenant does not destroy the property or its systems.
- A renter is courteous and pleasant to get along with. A tenant understands the difference between a property manager and a hotel concierge.
- A tenant doesn't disturb neighbors.
- A tenant complains when appropriate. tenants that don't report maintenance issues cost real estate investors money and cause problems for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a tenant doesn't ask to upgrade functioning systems. A tenant doesn't expect more than the lease provides. A renter 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 renter, but how do we find tenants who measure 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 potential tenants in Lake Frederick 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 rude to us at the start, they will probably be rude as tenants. If a is caught fabricating facts, we will expect them to be unreliable as a tenant. If a has a problem producing fundsfor background fees and the first month of rent, we can expect that same potential tenant will have troubles during the lease.
But even when every action initially is promising we still check the background of each applicant with a complete background check. Every person and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.
Lake Frederick Property Management Resources
Basics
Basic info about what rental managment in Lake Frederick.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Lake Frederick fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management services in Lake Frederick
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a handy archive for property owners in Lake Frederick
- Before you rent out your rental in Lake Frederick
- Collections and evictions
- Communications with the renter
- During tenancy
- End of tenancy and what happens when a renter breaks the lease
- How does the property owner get paid?
- How your rental manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt Realty & Management finds tenants
- Insurance matters for owners using our property management
- How Nesbitt Realty & Management manage keys
- Lake Frederick landlord responsibilities
- Maintenance, repairs & inspections for your rental property in Lake Frederick
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your property
- When owners don't yet know their new address
- Vetting tenants in Lake Frederick
More Information About Lake Frederick
Our recommendation
After the background check is complete we make a recommendation to the property owner based upon our experience as rental managers in Lake Frederick and the information which 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 want understand more about our area?
Our Guide to Real Estate is a free tool for anyone who needs to investigate real estate facts about Lake Frederick and nearby areas. The Guide to Real Estate includes facts regarding what has sold and what is for sale, as well as some surprising facts that you might not know. Furthermore, our Guide has quite a few of the assets of living in Lake Frederick. Of course, most of this is useful for buyers and sellers, but real estate investors and renters should also find this information 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