Landlords and others who are not in property management may be shocked to learn how many people lie about their incomes on rental applications. Not only do some applicants lie about how much they make, they lie about about where they work! This has taught us to verify income for each and every applicant.
After we verify the income amount and source we compare that income to the monthly rent to make sure that the tenant can afford the place. We use industry standard practices to calculate ratios to determine if the applicant can afford existing debt obligations and still have plenty of income to cover the monthly rent.
Our Five Step Process
Property Management Basics
Few people know that property management is a business both in and of itself. If you are interested in investing in real estate, and you do not know how to be or want to be a property manager, there is a rather simple solution: employ Nesbitt Realty services.
The Nesbitt Realty family-run business is very experienced with the management of day-to-day operations of properties like yours. We manage residential properties including homes, condos, and townhouses.