We Want To Know If The Applicant Can Afford The Rent

Income Verification

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.

 

 

Property Management Basics

Nesbitt Realty usually charges a percentage of the rents collected. Most landlords find that our fees are lower than other property management firms in Northern Virginia. Every aspect of Nesbitt Realty property manager’s responsibilities is outlined in a contract signed by both Nesbitt Realty and the landlord. Our property management agreement is written by the Northern Virginia Association of Realtors staff attorneys.  This standardized agreement details financial responsibilities and specifies the types of financial reports the landlord can expect.

Our promise to you

Your Nesbitt Realty property manager remains abreast of new laws and condo regulations which may be relevant to your situation. Nesbitt Realty Property Management takes a lot of the burden off of owning rental real estate. Call us at (703)765-0300 to discuss matters further. [Learn more about commitment to excellence in property management now.]

Property Management Resources

Basics

Basic information about what property management is and how it works.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

List your property to rent to find a great tenant fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for landlords?

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Cost

An overview of prices of property management services

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Vetting

How Nesbitt Realty vets tenants for landlords.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage property?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property manager now.

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