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.
Our Five Step Process
Property Management Basics
- Nesbitt Realty has been around for more than 15 years and our property has been involved with property management for another 20 years prior to that.
- All property managers at Nesbitt Realty are licensed real estate agents that report to a licensed real estate broker. Our agents are knоwlеdgеаblе about Virginia rеgulаtіоnѕ fоr hаndlіng rеntаl іnсоmе, ѕесurіtу dероѕіtѕ, аnd оthеr financial mаttеrѕ.
In аddіtіоn to lісеnѕurе, сеrtіfісаtіоn can indicate mоrе еxtеnѕіvе іnduѕtrу knowledge. Nesbitt Realty is a member of
- National Association of Realtors,
- Virginia Association of Realtors,
- Northern Virginia Association of Realtors,
- Better Business Bureau,
- National Aѕѕосіаtіоn of Rеѕіdеntіаl Prореrtу Managers member and has several related affiliations.
- Nesbitt Realty has won numerous awards for client satisfaction.
- Nesbitt Realty has some of the lowest fees in Northern Virginia. There is no set-up fee at Nesbitt Realty.
Northern Virginia Rental Management Resources
Basics
Fundamental information about what rental managment in Northern Virginia.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Northern Virginia fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of fees associated with property management services in Northern Virginia
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?