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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 Ballston tenants

In Ballston, our team wants to work with good tenants. Here are some of the traits we seek out.

  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 renter does not sneak in a co-renter or pet.
  3. A tenant is fastidious. A tenant does not bring pests such as rodents and bugs.
  4. A tenant does not break systems.
  5. A tenant is courteous and easy to get along with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A renter doesn't bother neighbors.
  7. A renter complains at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A tenant doesn't complain 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 renter doesn't know how to operate the appliance.
  9. A renter 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 property.

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 difficult tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in Ballston based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess applicants based upon their history and their actions. If a applicant is rude to our staff from the outset, they will probably be difficult as tenants. If a makes false statements, we will expect them to be unreliable as a renter.  If a has troubles finding fundsfor background fees and the first month of rent, we will expect that same person will have problems during the lease.

But even when every action initially is promising we still vet each applicant with a full 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 Ballston: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

Ballston 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 Ballston 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.

Should you know more about the local real estate market?

Our Guide to Real Estate is a handy resource for everyone who needs to review important real estate information about Ballston and neighboring communities.  The Guide to Real Estate has data regarding what has sold and what is for sale, as well as a few compelling facts that you might not be aware of.  And, our Guide has many of the aspects of living in Ballston.  As might be expected, all of this is interesting for purchasers and sellers, but property owners and tenants will also find the facts to be quite enlightening.

Our Broker Will Nesbitt

Will Nesbitt
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"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

Realtor 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