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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 Riverton renters

In Riverton, Nesbitt Realty likes to deal with reliable renters. Here are a few of the traits we expect.

  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 tenant is trustworthy. A tenant does not sneak in a co-renter or pet.
  3. A renter is neat. A renter does not attract pests like rodents and bugs.
  4. A renter does not damage the property.
  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 renter doesn't annoy neighbors.
  7. A renter complains at appropriate times. tenants that don't report maintenance issues cost property owners 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 tenant doesn't know how to operate the appliance.
  9. A renter does not smoke in the rental.
  10. A renter 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 bad tenants can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out difficult tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Riverton 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 rude to us at the outset, they will probably be troublesome as tenants. If a is dishonest, we will expect them to be dishonest as a tenant.  If a has difficulty scrounging up certified fundsfor background fees and the first month of rent, we can expect that same potential tenant will have troubles during the lease.

But even if every statement initially is promising we still vet every potential renter with a full background check. Every applicant and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in Riverton: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

Riverton Rental Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the real estate investor based upon our experience as property managers in Riverton 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.

Should you know more about the area?

Our Guide to Real Estate is a handy resource for everyone who hopes to find out more about Riverton and neighboring areas.  The Guide to Real Estate has facts about what has sold and what is currently listed, and many shocking facts that you may not be aware of.  In addition, our Guide has some assets of life in Riverton.  Of course, most of this is helpful for buyers and sellers, but rental investors and renters should also find this data to be very enlightening.

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
Will 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