What we look for in Luray renters
In Luray, Nesbitt Realty wants to work with good tenants. Here are some 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 renter is trustworthy. A renter does not sneak in a co-renter or pet.
- A renter is fussy about cleanliness. A tenant does not bring pests such as rodents and bugs.
- A tenant does not overwork the home.
- A renter is courteous and easy to work with. A tenant knows the difference between a property manager and a hotel concierge.
- A tenant doesn't bother neighbors.
- A tenant complains at appropriate times. tenants that don't report maintenance issues cost landlords money and cause head-aches 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 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 tenant does not smoke in the home.
- A tenant is looking for a rental term that is as long as the owner wants to rent the property.
So this is what we're looking for in a tenant, but how do we find renters who measure up to this ideal? Experience has taught us that tardy tenants can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out troublesome renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge applicants in Luray based upon appearance. Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their reputation and their actions. If a applicant is difficult with our managers at the beginning, they will probably be trying as renters. If a is caught fabricating facts, we will expect them to be dishonest as a renter. If a has troubles scrounging up fundsfor background fees and the first month of rent, we will expect that same applicant will have difficulty during the lease.
But even when every appearance initially is promising we still vet each applicant with a complete background check. Every person and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.
Luray Rental Management Resources
Basics
Fundamental information regarding rental managment in Luray.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable renter in Luray fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management in Luray
Vetting
How Nesbitt Realty vets 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 good source for rental investors in Luray
- Before you lease out your rental property in Luray
- Collections and evictions
- Communications with the renter
- During the lease term
- End of tenancy and what happens when a tenant breaks the lease
- How does the property owner get paid?
- How your property manager handles the association and your community
- How your property manager handles utilities
- How Nesbitt finds renters
- Insurance matters for landlords using our property management
- How Nesbitt Realty & Management manage keys
- Luray owner responsibilities
- Maintenance, repairs & inspections for your rental property in Luray
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When owners don't yet know their new address
- Vetting tenants in Luray
More Information About Luray
Our recommendation
After the background check is finished we make a recommendation to the real estate investor based upon our experience as property managers in Luray 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 this local real estate market?
Our Guide to Real Estate is a helpful tool for anyone who needs to investigate real estate facts about Luray and nearby areas. The Guide to Real Estate includes data regarding what has sold and what is currently listed, and a few compelling facts that you may not know. In addition, our Guide highlights many of the aspects of living in Luray. As a matter of course, most of this is useful for purchasers and sellers, but real estate investors and tenants will probably also find this information to be quite 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