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

We’re here when you need us.

Nesbitt Realty manages rental homes, townhouses and condos for landlords in Northern Virginia. We are a family business that strives for excellence in what we do.  Our goal is to strictly administer the lease while adhering to the Virginia Residential Landlord Tenant Act. We try to avoid “judgement calls” and we prefer to just do exactly what the lease, law and regulations require.

We serve most of Northern Virginia and have offices across the area.  We manage single-family homes, townhouses and condominiums.

Property Management Basics