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

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

What we seek in Port Republic tenants

In Port Republic, Nesbitt Realty wants to deal with good tenants. Here are some of the traits we seek out.

  1. A renter pays the rent on time every month. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A renter is honest. A renter does not sneak in a co-renter or pet.
  3. A tenant is neat. A tenant does not bring pests such as rodents and bugs.
  4. A renter does not damage the property.
  5. A renter is courteous and nice to work with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A renter doesn't bother neighbors.
  7. A renter reports problems at appropriate times. tenants that don't report maintenance issues cost real estate investors money and cause problems for property managers.
  8. A renter doesn't gripe when it's not appropriate. This means that a tenant doesn't demand 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 tenant is looking for a lease that is as long as the landlord wants to rent the home.

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 difficult tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out tardy renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Port Republic based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess potential tenants based upon their reputation and their actions. If a applicant is difficult with our managers at the outset, they will probably be difficult as renters. If a lies, we can expect them to be untrustworthy as a tenant.  If a has a problem producing certified fundsfor background fees and the first month of rent, we will expect that same potential tenant will have problems while they are in the rental.

But even if every statement initially is good we still check the background of every potential tenant with a full background check. Every person and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in Port Republic: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

Port Republic Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the owner based upon our experience as property managers in Port Republic and the information which 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 our area?

Our Guide to Real Estate is a free resource for anyone who wants to find out more about Port Republic and neighboring areas.  The Guide to Real Estate has facts regarding what has sold and what is currently listed, as well as a few shocking facts that you might not be aware of.  In addition, our Guide has some benefits of living in Port Republic.  Certainly, all of this is helpful for buyers and sellers, but owners and tenants will probably also find the facts to be quite 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

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