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Vetting Tenants — How we protect the landlord’s interests.

Vetting Tenants — How we protect the landlord’s interests.

What we look for in Northern Virginia tenants

In Northern Virginia, our team prefers to deal with dependable tenants. Here are some of the traits we seek out.

  1. A renter pays the rent on time every month. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A renter is honest. A tenant does not sneak in a co-renter or pet.
  3. A renter is fussy about cleanliness. A tenant does not attract pests such as rodents and bugs.
  4. A tenant does not break the property or its systems.
  5. A tenant is courteous and nice to work with. A renter knows the difference between a property manager and a hotel concierge.
  6. A renter doesn't bother neighbors.
  7. A tenant reports problems when appropriate. Renters that don't report maintenance issues cost property owners money and cause issues for property managers.
  8. A tenant doesn't complain when it's not appropriate. This means that a renter doesn't demand to replace functioning systems. A tenant doesn't expect more than the lease provides. A renter doesn't complain that an appliance doesn't work when the tenant doesn't know how to operate the appliance.
  9. A renter does not smoke in the property.
  10. A tenant is looking for a rental term that is as long as the property owner wants to rent the home.

So this is what we're looking for in a renter, but how do we find tenants who measure up to this standard? Experience has taught us that difficult tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out tardy renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Northern Virginia based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their reputation and their actions. If a applicant is rude to our managers at the outset, they will probably be trying as tenants. If a is caught fabricating facts, we can expect them to be unreliable as a renter.  If a has difficulty producing fundsfor background fees and the first month of rent, we will expect that same potential renter will have problems during the lease.

But even if every appearance initially is good we still check the background of each person with a complete background check. Every potential renter and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.

How we protect the landlord’s interests in Northern Virginia:Nesbitt Realty is committed to Fair Housing

  1. We Check The Applicant’s Credit History
  2. We Investigate The Applicant’s Criminal History
  3. We Investigate The Applicant’s Rental History
  4. We Look For Internal Consistency In The Rental Application
  5. We Want To Know If The Applicant Can Afford The Rent

Northern Virginia Rental Management Resources

Our recommendation

After the background check is finished we make a recommendation to the owner based upon our experience as rental managers in Northern Virginia and the information which we have verified. Ultimately the real estate investor decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Do you need know more about the community?

Nesbitt Realty's Guide to Real Estate is a handy tool for anyone who hopes to investigate real estate facts about Northern Virginia and neighboring areas.  The Guide to Real Estate has data about what has sold and what is currently listed, as well as a couple of compelling facts that you might not be aware of.  In addition, our Guide has many of the assets of living in Northern Virginia.  Naturally, all of this is useful for purchasers and sellers, but real estate investors and renters might also find these resources to be somewhat edifying.

Our Broker Will Nesbitt

Will Nesbitt
Will Nesbitt is the principal broker of Nesbitt Realty.

"I am by nature a trusting person, but this business has taught me to verify every statement that a tenant makes. Scammers and bad tenants can sometimes give every appearance of being trustworthy and upright people. We never cut corners on background checks." ~ Will Nesbitt

Julie Nesbitt

 I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt