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

In Regency, our management staff prefers to work with reliable renters. Here are a few of the traits we look for.

1. A renter pays the rent when due every time. This means paying on or before the first, rather than at 5 pm on the 5th.
2. A tenant is honest. A tenant does not sneak in a co-tenant or pet.
3. A tenant is fastidious. A renter does not bring pests like rodents and bugs.
4. A renter does not break the home.
5. A renter is courteous and pleasant to get along with. A renter understands 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. Renters that don't report maintenance issues cost real estate investors money and cause issues for property managers.
8. A tenant doesn't complain when it's not appropriate. This means that a tenant doesn't demand to upgrade 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 landlord wants to rent the rental.

So this is what we're looking for in a tenant, but how do we find tenants who measure 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 difficult tenants.