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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 Clear Brook renters

In Clear Brook, our team prefers to deal with good renters. Here are some of the traits we expect.

  1. A tenant 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 renter is honest. A tenant does not sneak in a co-tenant or pet.
  3. A renter is neat. A renter does not attract pests like rodents and bugs.
  4. A tenant does not misuse the property or its systems.
  5. A renter is courteous and easy to work with. A renter knows the difference between a property manager and a hotel concierge.
  6. A renter doesn't disturb neighbors.
  7. A renter complains when appropriate. tenants that don't report maintenance issues cost real estate investors money and cause problems for property managers.
  8. A renter 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 renter doesn't know how to operate the appliance.
  9. A tenant does not smoke in the home.
  10. A tenant is looking for a rental term that is as long as the property owner wants to rent the home.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge applicants in Clear Brook based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their history and their actions. If a applicant is rude to us at the start, they will probably be trying as renters. If a is dishonest, we will expect them to be unreliable as a renter.  If a has difficulty producing certified fundsfor background fees and the first month of rent, we will expect that same potential tenant will have problems during the lease.

But even if every statement initially is promising 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 Clear Brook: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

Clear Brook 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 property managers in Clear Brook and the information that 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 understand more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who needs to investigate real estate facts about Clear Brook and surrounding communities.  The Guide to Real Estate compiles facts regarding what has sold and what is on the market, and a few shocking facts that you might not know.  Furthermore, our Guide features many of the fundamentals of life in Clear Brook.  Of course, all of this is useful for purchasers and sellers, but real estate investors and renters will likely also find these resources to be somewhat useful.

Our Broker Will Nesbitt

Will Nesbitt Julie Nesbitt Aubrey Nesbitt
Will and Julie 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 and 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