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

In Paramount, our management staff wants to deal with good renters. Here are some of the traits we look for.

1. A renter pays the rent on time every month. 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-renter or pet.
3. A tenant is neat. A renter does not bring pests such as rodents and bugs.
4. A tenant does not damage the home.
5. A tenant is courteous and easy to work with. A renter understands the difference between a property manager and a hotel concierge.
6. A renter doesn't bother neighbors.
7. A renter reports problems at appropriate times. Renters that don't report maintenance issues cost property owners money and cause problems for property managers.
8. A tenant doesn't complain when it's not appropriate. This means that a renter doesn't ask 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 renter doesn't know how to operate the appliance.
9. A renter does not smoke in the home.
10. A renter is looking for a lease that is as long as the real estate investor wants to rent the home.

So this is what we're looking for in a renter, but how do we find renters who measure up to this standard? Experience has taught us that unreasonable tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out bad renters.