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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 West End renters

In West End, our team likes to work with reliable renters. Here are a few of the traits we expect.

  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 renter is honest. A renter does not sneak in a co-tenant or pet.
  3. A renter is fastidious. A tenant does not attract pests like rodents and bugs.
  4. A tenant does not destroy the home.
  5. A tenant is courteous and pleasant to get along with. A renter knows the difference between a property manager and a hotel concierge.
  6. A renter doesn't disturb neighbors.
  7. A tenant reports problems when appropriate. Renters that don't report maintenance issues cost real estate investors 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 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 home.
  10. A renter is looking for a lease that is as long as the property owner wants to rent the rental.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in West End 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 staff from the beginning, they will probably be trying as renters. If a is dishonest, we can expect them to be unreliable as a renter.  If a has a problem producing fundsfor background fees and the first month of rent, we will expect that same potential renter will have difficulty during the lease.

But even if every action initially is promising 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 rental we start our vetting process.

How we protect the landlord’s interests in West End: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

West End Property Management Resources

Our recommendation

After the background check is finished we make a recommendation to the real estate investor based upon our experience as rental managers in West End and the information which 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.

Do you need know more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to find out more about West End and neighboring communities.  The Guide to Real Estate has data regarding what has sold and what is on the market, as well as many shocking facts that you may not know.  Furthermore, our Guide features some elements of life in West End.  Of course, all of this is helpful for purchasers and sellers, but rental investors and renters should also find this information to be quite useful.

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

real estate agent 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