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

In Northern Virginia, Nesbitt Realty & Management can provide you with property management solutions that help your properties operate smoothly, increase in desirability, and enhance the investment value. Property owners, investors, and landlords across Northern Virginia rely on Nesbitt Realty to assist them in achieving their goals of superior property management performance and profitability. Whether your properties are single-family homes, condos, duplexes, or townhouses, Nesbitt Realty will manage your property with the most dedicated full-time property managers. We are highly knowledgeable in attracting and retaining desirable tenants. Learn more now!

Northern Virginia Property Management Resources