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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 Northern Virginia renters

In Northern Virginia, Nesbitt Realty likes to work with good tenants. Here are some of the traits we expect.

  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 tenant has integrity. A renter does not sneak in a co-tenant or pet.
  3. A renter is fussy about cleanliness. A tenant does not attract pests like rodents and bugs.
  4. A tenant does not destroy the home.
  5. A renter is courteous and nice to get along with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A renter doesn't annoy neighbors.
  7. A tenant reports problems at appropriate times. Renters that don't report maintenance issues cost property owners money and cause head-aches for property managers.
  8. A renter doesn't complain when it's not appropriate. This means that a renter doesn't demand 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 real estate investor wants to rent the home.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Northern Virginia based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess potential tenants based upon their history and their actions. If a applicant is rude to our managers at the beginning, they will probably be troublesome as renters. If a lies, we will expect them to be unreliable as a renter.  If a has troubles producing 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 appearance initially is promising we still check the background of every potential renter with a complete background check. Every person 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 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 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 rental managers in Northern Virginia and the information which 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.

Should you understand more about our area?

Nesbitt Realty's Guide to Real Estate is a free resource for anyone who needs to find out more about Northern Virginia and nearby areas.  The Guide to Real Estate includes data about what has sold and what is currently listed, as well as a couple of shocking facts that you might not know.  Furthermore, our Guide has many of the elements of residing in Northern Virginia.  Yes, most of this is useful for buyers and sellers, but landlords and renters will 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