What we look for in Riverwood tenants
In Riverwood, our management staff likes to deal with reasonable renters. Here are a few of the traits we seek out.
- 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 tenant is trustworthy. A tenant does not sneak in a co-tenant or pet.
- A tenant is reasonably clean. A renter does not attract pests like rodents and bugs.
- A tenant does not damage systems.
- A tenant is courteous and easy to work with. A renter understands the difference between a property manager and a hotel concierge.
- A renter doesn't disturb neighbors.
- A renter reports problems when appropriate. Renters that don't report maintenance issues cost property owners 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 renter doesn't complain that an appliance doesn't work when the renter 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 owner wants to rent the home.
So this is what we're looking for in a renter, but how do we find tenants who live up to this ideal? Experience has taught us that difficult tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out unreasonable renters.
Our Five Step Process
Fair Housing Laws and our conscience dictates that we do not judge potential renters in Riverwood based upon appearance. Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their reputation and their actions. If a applicant is rude to our managers from the outset, they will probably be rude as tenants. If a makes false statements, we can expect them to be dishonest as a tenant. If a has a problem scrounging up money for background fees and the first month of rent, we can expect that same applicant will have difficulty during the lease.
But even if every appearance initially is good we still vet each potential tenant with a complete background check. Every potential tenant and occupant must provide a government-issue photo identification. From there, as property managers we start our vetting process.
Riverwood Property Management Resources
a free source for landlords in Riverwood
- Before you rent out your investment in Riverwood
- Collections and evictions
- Communications with the tenant
- During the lease term
- End of lease term and what happens when a renter breaks the lease
- How does the rental investor get paid?
- How your rental manager handles the association and your community
- How your rental manager handles utilities
- How Nesbitt Realty finds renters
- Insurance matters for property owners using our property management
- How Nesbitt Realty & Management manage keys
- Riverwood owner responsibilities
- Maintenance, repairs & inspections for your rental investment in Riverwood
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental investment
- When property owners don't yet know their new address
- Vetting renters in Riverwood
More Information About Riverwood
After the background check is finished we make a recommendation to the landlord based upon our experience as rental managers in Riverwood 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 want understand more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who wants to investigate real estate facts about Riverwood and nearby areas. The Guide to Real Estate compiles facts regarding what has sold and what is for sale, and a couple of shocking facts that you might not be aware of. And, our Guide spotlights quite a few of the assets of life in Riverwood. As a matter of course, most of this is helpful for purchasers and sellers, but owners and tenants might also find these resources 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
I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt