The first step for Nesbitt Realty & Management to shop the best renter is to market your investment townhouse to the widest-possible audience. But the second step is to identigy the the dream renter. Investigating applicants is one of the most important responsibilities of every management company in Alexandria, Virginia.
Nesbitt Realty look ats the applicant’s past behavior. With that in mind, Nesbitt Realty assumes the applicant’s future behavior will be similar. The prospective tenant should demonstrate a history of being a honest, solid lessee while having the income and debt-ratio to manage rent. Our background checking process is founded on several conventions including:
- Credit History – The possible lessee's credit history informs us about the prospective renter’s current and past performance with regards to debts and other financial obligations. The possible tenant’s credit report also tells us their monthly debt and shows their previous addresses (which we compare to addresses listed on the application). An applicant must have acceptable credit to qualify.
- Application – After the applicant visits a rental townhouse, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty and Management can verify and scrutinize all information included on the application. The applicant pays for the cost of the background check at the time of application.
- Criminal Record & Evictions – Nesbitt knows it's crucial to know the criminal and public court records of the possible renter on every rental property in Alexandria, Virginia. Landlords should be aware that nearly all other rental managers do not investigate court records.
If accepted, the prospective tenant’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the renter with a copy of any association documents needed for disclosure and instruction on rules and regulations associated with the investment home and community.
For a complete break-down our process, reach out to Nesbitt Realty or read more here. Nesbitt Realty also gets renters through other Real Estate Rental Specialists and other methods. To learn more about the full-list of what we do, contact an agent today. Our family business also discovers tenants through referrals from satisfied clients and other methods. To learn more about the full-list of what we do, contact an agent today.