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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 Franconia tenants

In Franconia, Nesbitt Realty prefers to work with dependable renters. Here are a few of the traits we expect.

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

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Franconia based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess potential tenants based upon their history and their actions. If a applicant is difficult with our staff at the outset, they will probably be difficult as tenants. If a lies, we will expect them to be dishonest as a renter.  If a has a problem producing money for background fees and the first month of rent, we can expect that same potential renter will have problems while they are in the rental.

But even if every statement initially is promising we still vet each applicant with a full background check. Every potential tenant and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in Franconia: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

Franconia Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the owner based upon our experience as rental managers in Franconia and the information that we have verified. Ultimately the owner 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 this area?

Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who needs to review important real estate information about Franconia and neighboring areas.  The Guide to Real Estate includes information about what has sold and what is currently listed, and a couple of interesting facts that you may not be aware of.  Also, our Guide features quite a few of the assets of residing in Franconia.  Naturally, all of this is useful for buyers and sellers, but rental investors and renters will also find these tools to be quite enlightening.

Our Broker Will Nesbitt

Realtors in the Shenandoah Valley
Will and Julie on Woodstock Tower

"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

Julie 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