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We Check The Applicant’s Credit History

Vetting Tenants — How we protect the landlord’s interests. We Check The Applicant’s Credit History

Credit History

Good great is a good indicator, but is no guarantee of a good tenant. Good credit history indicates that someone pays bills on time and knows how to manage their finances. Renters usually have worse credit than homeowners / landlords.  Bad credit is not an absolute disqualifier. There are perfectly valid reasons why some people have bad credit and some of those people with bad credit can be outstanding tenants.

A credit history check is not the beginning or end but it is a good place to start to get a picture of whom you're dealing with.

 

Property Management Basics

A big added value that is provided by your Nesbitt Realty property manager is “separation”. Your Nesbitt Realty property manager maintains an adequate level of separation between the landlord and the tenants and the property. As you may already know, it is important to invest in real estate without emotionally investing in tenants or property. Your Nesbitt Realty property manager ensures that you always make the best decision for your family, rather than the tenant’s family. In other words, your Nesbitt Realty rental property manager serves as a buffer between the owner and his/her tenants. Nesbitt Realty assists you with finding tenants, handling repair projects and maintenance, overseeing improvements, collecting rent, and even paying some expenses and taxes. The specific tasks we handle vary considerably based upon the needs and wishes of the property owner. Additionally, a competent Nesbitt Realty property manager gives you protection from certain liabilities. [Find out more about our property management services for landlords.]

Northern Virginia Rental Management Resources