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

In The_Belvedere, our management staff prefers to deal with reliable renters. Here are a few of the traits we seek out.

1. A tenant 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 trustworthy. A tenant does not sneak in a co-tenant or pet.
3. A renter is reasonably clean. A renter does not attract pests such as rodents and bugs.
4. A renter does not destroy systems.
5. A tenant is courteous and pleasant to get along with. A renter knows the difference between a property manager and a hotel concierge.
6. A tenant doesn't annoy neighbors.
7. A renter complains at appropriate times. tenants that don't report maintenance issues cost real estate investors money and cause head-aches for property managers.
8. A tenant doesn't gripe when it's not appropriate. This means that a renter doesn't demand to upgrade 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 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 tardy renters can appear as polite, nicely-dress, well educated people with jobs. We have a knack for sniffing out bad renters.