Vetting Tenants — How we protect the landlord’s interests.

In Colecroft, our team wants to deal with dependable renters. Here are a few of the traits we expect.

1. A renter pays the rent when due every month. 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 attract pests such as rodents and bugs.
4. A renter does not damage the home.
5. A renter is courteous and easy to work with. A tenant understands the difference between a property manager and a hotel concierge.
6. A renter doesn't bother neighbors.
7. A renter reports problems when appropriate. tenants that don't report maintenance issues cost property owners money and cause issues for property managers.
8. A renter doesn't complain when it's not appropriate. This means that a renter doesn't ask to upgrade functioning systems. A tenant doesn't expect more than the lease provides. A renter 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 home.
10. A renter is looking for a rental term that is as long as the real estate investor 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 standard? Experience has taught us that troublesome tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out unreasonable renters.