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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 Dunn Loring tenants

In Dunn Loring, our team prefers to deal with good tenants. Here are some of the traits we look for.

  1. A tenant pays the rent on time every time. 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-tenant or pet.
  3. A tenant is fastidious. A tenant does not attract pests such as rodents and bugs.
  4. A tenant does not destroy the property.
  5. A renter is courteous and easy to work with. A tenant knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A renter complains at appropriate times. tenants 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 ask to replace functioning systems. A tenant 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 lease that is as long as the owner wants to rent the rental.

So this is what we're looking for in a renter, but how do we find tenants who measure up to this standard? Experience has taught us that bad tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out troublesome tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Dunn Loring based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess potential renters based upon their reputation and their actions. If a applicant is difficult with our managers at the outset, they will probably be trying as renters. If a is caught fabricating facts, we can expect them to be dishonest as a renter.  If a has troubles finding fundsfor background fees and the first month of rent, we will expect that same potential tenant will have troubles during the lease.

But even when every appearance initially is good we still check the background of every person with a complete background check. Every potential tenant 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 Dunn Loring: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

Dunn Loring Rental 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 Dunn Loring and the information that we have verified. Ultimately the landlord decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Do you want know more about this area?

Our Guide to Real Estate is a handy tool for everyone who hopes to find out more about Dunn Loring and surrounding areas.  The Guide to Real Estate has facts about what has sold and what is on the market, as well as many compelling facts that you might not know.  And, our Guide highlights quite a few of the elements of living in Dunn Loring.  As might be expected, most of this is useful for purchasers and sellers, but real estate investors and tenants might also find this information to be quite 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

Will Nesbitt Julie Nesbitt Aubrey Nesbitt
Will Nesbitt Julie Nesbitt Aubrey Nesbitt

 I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt