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
What does a property manager do?
The property manager's primary role is to interface directly with applicants, tenants and maintenance people. A good property manager will save you time and worry by keep your property producing income while maintaining the value of your investment. The property manager will handle:- marketing your rental,
- collecting rent in a timely fashion,
- maintaining a record of all income and expenses,
- handling maintenance and repair issues,
- responding to tenant complaints,
- knowing when to draw the line,
- and even pursuing evictions.
Northern Virginia Rental Management Resources
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Basics
Elementary information about what rental managment in Northern Virginia.
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Getting Started
Learn more about getting started with rental property management
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Find A Tenant
Market your property to rent to find a dependable tenant in Northern Virginia fast.
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Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
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Cost
A breakdown of prices of property management services in Northern Virginia
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Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
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Reserves
What is a contingency reserve account?
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Territory
Where does Nesbitt Realty manage rental investments?
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Clients
Who uses Nesbitt Realty management services?