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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 Lake Frederick renters

In Lake Frederick, our management staff wants to work with reasonable renters. Here are some of the traits we look for.

  1. A tenant pays the rent on time every month. 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-tenant or pet.
  3. A tenant is reasonably clean. A renter does not bring pests like rodents and bugs.
  4. A tenant does not destroy systems.
  5. A renter 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 annoy neighbors.
  7. A renter reports problems at appropriate times. tenants that don't report maintenance issues cost landlords money and cause issues for property managers.
  8. A tenant doesn't complain 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 rental.
  10. A renter is looking for a rental term that is as long as the 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 tardy renters can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out tardy renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Lake Frederick based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge people based upon their reputation and their actions. If a applicant is difficult with our managers 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 a problem finding fundsfor background fees and the first month of rent, we can expect that same potential renter will have troubles while they are in the rental.

But even when every action initially is promising we still vet each potential renter with a complete background check. Every person and occupant must submit a government-issue photo identification. From there, as property managers we start our vetting process.

How we protect the landlord’s interests in Lake Frederick: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

Lake Frederick Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the landlord based upon our experience as rental managers in Lake Frederick and the information that 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 know more about the community?

Our Guide to Real Estate is a helpful tool for everyone who wants to find out more about Lake Frederick and surrounding communities.  The Guide to Real Estate has data regarding what has sold and what is for sale, as well as a couple of compelling facts that you might not know.  Not to mention, our Guide spotlights quite a few of the assets of residing in Lake Frederick.  Certainly, all of this is useful for purchasers and sellers, but property owners and tenants should also find this data to be quite informative.

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

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