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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 Northern Virginia renters

In Northern Virginia, our team likes to deal with dependable renters. Here are some of the traits we look for.

  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 honest. A tenant does not sneak in a co-renter or pet.
  3. A tenant is reasonably clean. A tenant does not attract pests such as rodents and bugs.
  4. A tenant does not break the property or its systems.
  5. A tenant is courteous and pleasant to work with. A renter knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't disturb neighbors.
  7. A renter reports problems at appropriate times. tenants that don't report maintenance issues cost real estate investors money and cause head-aches 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 renter doesn't expect more than the lease provides. A renter 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 rental.
  10. A tenant is looking for a rental term that is as long as the real estate investor wants to rent the rental.

So this is what we're looking for in a tenant, but how do we find renters who measure 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 difficult renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Northern Virginia based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess people based upon their history and their actions. If a applicant is difficult with our managers from the outset, they will probably be troublesome as tenants. If a makes false statements, we can expect them to be unreliable as a tenant.  If a has difficulty producing certified fundsfor background fees and the first month of rent, we can expect that same potential renter will have difficulty while they are in the rental.

But even when every action initially is good we still check the background of every applicant with a complete background check. Every potential renter 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 Northern Virginia: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

Northern Virginia Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the owner based upon our experience as rental managers in Northern Virginia 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 understand more about the area?

Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who needs to investigate real estate facts about Northern Virginia and nearby communities.  The Guide to Real Estate compiles data regarding what has sold and what is for sale, and some surprising facts that you might not know.  In addition, our Guide features many of the assets of life in Northern Virginia.  As might be expected, most of this is useful for purchasers and sellers, but owners and tenants will probably also find these resources to be somewhat 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

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