What we seek in Springwoods renters
In Springwoods, Nesbitt Realty wants to deal with dependable renters. Here are some of the traits we look for.
- A renter pays the rent on time every time. This means paying on or before the first, rather than at 5 pm on the 5th.
- A renter is honest. A renter 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 damage systems.
- 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 disturb neighbors.
- A tenant complains at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
- A tenant doesn't complain when it's not appropriate. This means that a tenant doesn't demand 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 tenant does not smoke in the home.
- A renter is looking for a lease that is as long as the real estate investor wants to rent the rental.
So this is what we're looking for in a renter, but how do we find tenants who live up to this standard? Experience has taught us that bad tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out bad renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge people in Springwoods based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess potential tenants based upon their track record and their actions. If a applicant is rude to our managers at the start, they will probably be troublesome as renters. If a is dishonest, we can expect them to be dishonest as a tenant. If a has difficulty finding money for background fees and the first month of rent, we can expect that same person will have difficulty during the lease.
But even when every appearance initially is good we still check the background of each potential renter with a full background check. Every potential renter and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.
Springwoods Rental Management Resources
Basics
Elementary information about what rental managment in Springwoods.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable tenant in Springwoods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of prices of rental management in Springwoods
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 rental investments?
Clients
Who uses Nesbitt Realty management services?
Landlord Reference
a free source for landlords in Springwoods
- Before you rent out your property in Springwoods
- 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 property management company handles the association and your community
- How your management company handles utilities
- How Nesbitt Realty & Management finds renters
- Insurance matters for rental investors using our property management
- How Nesbitt Realty & Management manage keys
- Springwoods property owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Springwoods
- 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 tenants in Springwoods
More Information About Springwoods
Our recommendation
After the background check is reviewed we make a recommendation to the real estate investor based upon our experience as property managers in Springwoods 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 know more about this local real estate market?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who needs to review important real estate information about Springwoods and nearby communities. The Guide to Real Estate provides information about what has sold and what is for sale, as well as some shocking facts that you might not know. Furthermore, our Guide has some assets of residing in Springwoods. Of course, all of this is useful for buyers and sellers, but owners and renters should also find these tools 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