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

What we seek in The_Phooenix tenants

In The_Phooenix, Nesbitt Realty prefers to work with good tenants. 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 trustworthy. A tenant does not sneak in a co-tenant or pet.
  3. A tenant is neat. A tenant does not bring pests like rodents and bugs.
  4. A tenant does not overwork systems.
  5. A tenant is courteous and nice to work with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A renter doesn't annoy neighbors.
  7. A tenant reports problems at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A tenant 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 renter doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
  9. A renter does not smoke in the rental.
  10. A renter is looking for a lease 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 renters who measure up to this ideal? 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 tardy tenants.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in The_Phooenix based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge applicants based upon their track record and their actions. If a applicant is difficult with our managers at the beginning, they will probably be trying as renters. If a is caught fabricating facts, we will expect them to be dishonest as a tenant.  If a has difficulty finding fundsfor background fees and the first month of rent, we can expect that same applicant will have problems during the lease.

But even when every appearance initially is promising we still vet each potential tenant with a full background check. Every applicant 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 The_Phooenix: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

The_Phooenix Property Management Resources

Basics

Elementary information regarding management services in The_Phooenix.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

List your property to rent to find a reliable tenant in The_Phooenix fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for landlords?

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Cost

A list of prices of property management services in The_Phooenix

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Vetting

How Nesbitt Realty checks the backgrounds of tenants for our clients.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rental investments?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property manager now.

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Our recommendation

After the background check is reviewed we make a recommendation to the real estate investor based upon our experience as rental managers in The_Phooenix 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 understand more about this local real estate market?

Our Guide to Real Estate is a handy tool for everyone who hopes to review important real estate information about The_Phooenix and nearby communities.  The Guide to Real Estate compiles data regarding what has sold and what is on the market, as well as some shocking facts that you may not be aware of.  Not to mention, our Guide features some fundamentals of living in The_Phooenix.  Of course, all of this is interesting for buyers and sellers, but rental investors and tenants might also find these resources to be quite edifying.

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

Will Nesbitt Julie Nesbitt
Julie and Will Nesbitt

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