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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 Shenandoah renters

In Shenandoah, our team wants to work with good tenants. Here are a few of the traits we seek out.

  1. A renter 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 renter does not sneak in a co-renter or pet.
  3. A tenant is fastidious. A tenant does not bring pests like rodents and bugs.
  4. A tenant does not misuse the property or its systems.
  5. A renter is courteous and nice to get along with. A tenant knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't bother neighbors.
  7. A tenant complains at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A renter doesn't gripe 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 tenant doesn't complain that an appliance doesn't work when the renter 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 real estate investor wants to rent the property.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Shenandoah 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 from the outset, they will probably be troublesome as tenants. If a is dishonest, we will expect them to be untrustworthy as a tenant.  If a has a problem finding money for background fees and the first month of rent, we will expect that same person will have troubles during the lease.

But even if every appearance initially is promising we still vet each potential tenant with a complete background check. Every applicant 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 Shenandoah: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

Shenandoah Rental Management Resources

Our recommendation

After the background check is complete we make a recommendation to the property owner based upon our experience as rental managers in Shenandoah 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 this community?

Our Guide to Real Estate is a handy resource for anyone who needs to find out more about Shenandoah and nearby areas.  The Guide to Real Estate includes facts about what has sold and what is for sale, as well as a couple of surprising facts that you might not know.  Furthermore, our Guide highlights quite a few of the aspects of living in Shenandoah.  Definitely, all of this is useful for buyers and sellers, but real estate investors and tenants should also find these tools to be very useful.

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

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