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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 Broad Run tenants

In Broad Run, Nesbitt Realty likes to deal with reliable renters. Here are a few of the traits we seek out.

  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 trustworthy. A renter does not sneak in a co-tenant or pet.
  3. A renter is reasonably clean. A tenant does not attract pests like rodents and bugs.
  4. A tenant does not destroy the property.
  5. A tenant is courteous and pleasant to get along with. A tenant knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A tenant reports problems when appropriate. Renters that don't report maintenance issues cost real estate investors money and cause head-aches for property managers.
  8. A tenant doesn't gripe when it's not appropriate. This means that a renter doesn't ask to upgrade functioning systems. A tenant 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 property.
  10. A tenant is looking for a lease that is as long as the real estate investor wants to rent the property.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge applicants in Broad Run based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess people based upon their track record and their actions. If a applicant is difficult with us at the beginning, they will probably be difficult as renters. If a is caught fabricating facts, we can expect them to be untrustworthy as a tenant.  If a has troubles producing money for background fees and the first month of rent, we will expect that same potential tenant will have difficulty while they are in the rental.

But even when every appearance initially is promising we still vet each applicant with a full 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 Broad Run: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

Broad Run 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 rental managers in Broad Run and the information that we have verified. Ultimately the property 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 our community?

Our Guide to Real Estate is a free tool for everyone who needs to learn more about Broad Run and nearby communities.  The Guide to Real Estate has data about what has sold and what is on the market, and many interesting facts that you might not know.  In addition, our Guide highlights many of the benefits of life in Broad Run.  Of course, all of this is helpful for purchasers and sellers, but real estate investors and renters might also find the facts to be somewhat eye-opening.

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

Will Nesbitt Julie Nesbitt Aubrey Nesbitt
Will and 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