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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 Broad Run tenants

In Broad Run, our management staff prefers to work with reliable tenants. Here are a few of the traits we seek out.

  1. A renter 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 honest. A renter does not sneak in a co-tenant or pet.
  3. A renter is fastidious. 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 nice to get along with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A tenant complains at appropriate times. tenants that don't report maintenance issues cost landlords money and cause problems for property managers.
  8. A renter doesn't gripe when it's not appropriate. This means that a tenant doesn't ask to replace functioning systems. A renter 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 tenant is looking for a rental term that is as long as the real estate investor wants to rent the home.

So this is what we're looking for in a tenant, but how do we find renters who live up to this standard? Experience has taught us that bad tenants 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 Broad Run based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential renters based upon their history and their actions. If a applicant is rude to us from the start, they will probably be troublesome as tenants. If a is caught fabricating facts, we will expect them to be dishonest as a renter.  If a has a problem producing certified fundsfor background fees and the first month of rent, we will expect that same potential renter will have troubles during the lease.

But even when every action initially is good we still vet every potential tenant with a complete background check. Every applicant 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 Broad Run: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

Broad Run Rental Management Resources

Our recommendation

After the background check is finished we make a recommendation to the landlord based upon our experience as property managers in Broad Run 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.

Do you want know more about our local real estate market?

Nesbitt Realty's Guide to Real Estate is a handy tool for anyone who wants to review important real estate information about Broad Run and nearby areas.  The Guide to Real Estate has information regarding what has sold and what is for sale, as well as a few compelling facts that you might not be aware of.  In addition, our Guide spotlights quite a few of the fundamentals of life in Broad Run.  As a matter of course, all of this is helpful for buyers and sellers, but owners and renters should also find these tools to be very sobering.

Our Broker Will Nesbitt

Will Nesbitt
Will Nesbitt is a real estate broker.

"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

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