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

What we seek in Penn Laird renters

In Penn Laird, our management staff wants to deal with reasonable tenants. Here are a few of the traits we look for.

  1. A tenant 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 has integrity. A renter does not sneak in a co-tenant or pet.
  3. A renter is neat. A renter does not bring pests like rodents and bugs.
  4. A tenant does not overwork the home.
  5. A tenant is courteous and easy to work with. A renter knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A tenant complains at appropriate times. tenants that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A tenant doesn't complain when it's not appropriate. This means that a tenant 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 tenant 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 owner wants to rent the property.

So this is what we're looking for in a tenant, but how do we find renters who measure up to this standard? 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 troublesome renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Penn Laird based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their track record and their actions. If a applicant is difficult with our managers at the start, they will probably be troublesome as tenants. If a lies, we will expect them to be untrustworthy as a renter.  If a has a problem finding money for background fees and the first month of rent, we can expect that same person will have troubles during the lease.

But even when every action initially is promising we still check the background of each applicant with a full 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 Penn Laird: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

Penn Laird Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the property owner based upon our experience as property managers in Penn Laird 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.

Should you understand more about the area?

Nesbitt Realty's Guide to Real Estate is a free tool for everyone who needs to investigate real estate facts about Penn Laird and neighboring areas.  The Guide to Real Estate has facts regarding what has sold and what is currently listed, and a few interesting facts that you may not know.  In addition, our Guide features some aspects of residing in Penn Laird.  Yes, most of this is useful for purchasers and sellers, but real estate investors and renters might also find this information to be quite sobering.

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