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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 North Arlington renters

In North Arlington, Nesbitt Realty prefers to deal with good renters. Here are a few of the traits we seek out.

  1. A renter pays the rent when due every time. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A tenant is honest. A tenant does not sneak in a co-renter or pet.
  3. A renter is neat. A renter does not bring pests such as rodents and bugs.
  4. A tenant does not misuse the property.
  5. A tenant is courteous and easy to work with. A tenant knows the difference between a property manager and a hotel concierge.
  6. A renter doesn't bother neighbors.
  7. A tenant complains at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause problems for property managers.
  8. A tenant doesn't gripe when it's not appropriate. This means that a renter doesn't ask 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 property.
  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 renter, but how do we find tenants who live up to this ideal? Experience has taught us that troublesome tenants can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out bad tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential renters in North Arlington based upon appearance.  Experience has taught us that appearances can be very decieving. We do however assess people based upon their track record and their actions. If a applicant is rude to our managers at the beginning, they will probably be difficult as renters. If a makes false statements, we can expect them to be untrustworthy as a renter.  If a has troubles 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 action initially is good we still check the background of each potential renter with a complete background check. Every applicant and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in North Arlington: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

North Arlington Rental Management Resources

Our recommendation

After the background check is complete we make a recommendation to the property owner based upon our experience as rental managers in North Arlington and the information which we have verified. Ultimately the property owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Do you need understand more about the local real estate market?

Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who needs to investigate real estate facts about North Arlington and surrounding communities.  The Guide to Real Estate compiles facts about what has sold and what is currently listed, and many surprising facts that you may not be aware of.  In addition, our Guide highlights some aspects of life in North Arlington.  Definitely, most of this is interesting for buyers and sellers, but owners and tenants will likely also find the facts to be somewhat useful.

Our Broker Will Nesbitt

Julie and Will
Julie and Will Nesbitt pause from property management to take a quick picture.

"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 sold another!

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