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

What we seek in Middletown renters

In Middletown, Nesbitt Realty prefers to work with dependable renters. Here are a few of the traits we look for.

  1. A tenant pays the rent when due every month. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A tenant is trustworthy. A tenant does not sneak in a co-tenant or pet.
  3. A tenant is reasonably clean. A tenant does not bring pests such as rodents and bugs.
  4. A tenant does not overwork systems.
  5. A tenant is courteous and pleasant to get along with. A renter knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't disturb neighbors.
  7. A tenant complains when appropriate. Renters that don't report maintenance issues cost landlords money and cause problems for property managers.
  8. A tenant doesn't complain when it's not appropriate. This means that a renter doesn't ask to upgrade functioning systems. A renter doesn't expect more than the lease provides. A renter 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 rental.
  10. A renter is looking for a rental term that is as long as the owner wants to rent the property.

So this is what we're looking for in a tenant, but how do we find tenants who measure up to this ideal? Experience has taught us that tardy 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 applicants in Middletown 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 managers at the outset, they will probably be rude as renters. If a makes false statements, we can expect them to be dishonest as a renter.  If a has difficulty producing money for background fees and the first month of rent, we can expect that same person will have troubles while they are in the rental.

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

How we protect the landlord’s interests in Middletown: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

Middletown Rental Management Resources

Our recommendation

After the background check is complete we make a recommendation to the real estate investor based upon our experience as property managers in Middletown and the information that we have verified. Ultimately the landlord decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Do you want understand more about the local real estate market?

Nesbitt Realty's Guide to Real Estate is a free tool for anyone who hopes to learn more about Middletown and surrounding communities.  The Guide to Real Estate includes facts regarding what has sold and what is currently listed, and some compelling facts that you may not be aware of.  Not to mention, our Guide has quite a few of the fundamentals of residing in Middletown.  Definitely, all of this is interesting for purchasers and sellers, but property owners and tenants will probably also find the facts to be quite informative.

Our Broker Will Nesbitt

Will Nesbitt
Will Nesbitt

"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

Realtor 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