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We Want To Know If The Applicant Can Afford The Rent

Vetting Tenants — How we protect the landlord’s interests. 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 has been in existence for more than 10 years, and our team has been involved with property management for another 20 years prior to that.
  • All property managers at Nesbitt Realty are licensed real estate agents who 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 indicates 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 some of the lowest fees in Northern Virginia. There is no set-up fee at Nesbitt Realty.
Learn more about our property management services

Northern Virginia Rental Management Resources