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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 Arlington Ridge tenants

In Arlington Ridge, our management staff likes to work with reasonable renters. Here are a few of the traits we look for.

  1. A renter pays the rent when due every month. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A renter is trustworthy. A tenant does not sneak in a co-renter or pet.
  3. A tenant is fastidious. A renter does not attract pests like rodents and bugs.
  4. A renter does not break the property.
  5. A tenant is courteous and easy to work with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A renter doesn't disturb neighbors.
  7. A tenant complains when appropriate. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A renter doesn't complain 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 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 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 live up to this ideal? Experience has taught us that tardy tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out tardy tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge applicants in Arlington Ridge based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their reputation and their actions. If a applicant is difficult with us from the beginning, they will probably be troublesome as renters. If a lies, we will expect them to be untrustworthy as a tenant.  If a has difficulty finding money for 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 appearance initially is good we still vet each potential renter 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 Arlington Ridge: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

Arlington Ridge Property Management Resources

Our recommendation

After the background check is complete we make a recommendation to the owner based upon our experience as rental managers in Arlington Ridge and the information that 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 know more about our area?

Our Guide to Real Estate is a free resource for everyone who needs to investigate real estate facts about Arlington Ridge and surrounding communities.  The Guide to Real Estate has information regarding what has sold and what is on the market, and a few shocking facts that you might not know.  And, our Guide features some benefits of living in Arlington Ridge.  Of course, most of this is helpful for buyers and sellers, but real estate investors and renters might also find this information to be very edifying.

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