“Landlords, like all other men, love to reap where they never sowed.”-Karl Marx
Today, with housing prices skyrocketing and the real estate market on sporadic episodes of highs and lows, it seems like renting houses is a worthy alternative to owning a home. This is especially true for young professionals who are looking to start out and establish their careers first. Indeed, renting seems to be a practical and economical approach instead of investing and committing to a home purchase. With condominium developments dominating almost every metropolis (and nook and cranny of every major city for that matter), you would not be hard-pressed to find a condo for rent in Makati. However, if there is one universal and unspoken rule that most renters would know, it is the fact that choosing your prospective landlord is just as important as choosing your potential rental space.
A good landlord makes all the difference between a smooth-sailing lessor and lessee relationship and a violent one that is pervaded with litigious dealings. In any case, if you are looking to rent, here are some of the tips you should keep in mind in finding a suitable landlord:
1.) Look for transparency
It is expected for your landlord, to be honest with you, but finding one that is transparent enough is a dime a dozen. However, this characteristic is not only incredibly desirable among landlords, but it is also perhaps what is considered the most important quality they should possess. Before signing a contract lease, your landlord should be upfront about the details about any rental unit matter. Should there be things such as cell phone reception issues, temperature fluctuations, rodent infestation problems or broken utilities, they should notify you at once as there are things that might affect your decision in signing the lease.
2.) A Prompt Landlord
Promptness should go both ways. Of course, your landlord would expect and require you to be prompt regarding rental payments and lease renewals. However, the same should be expected of them. The management company or your landlord should be quick to respond to maintenance calls and provide a solution in due time. Should your potential landlord not meet this criterion, you might want to look and shop around for another rental unit. Your landlord should commit to an expected time frame when it comes to addressing issues and concern that make units uninhabitable (security issues, flooding, noise, and repairs).
Regardless of how expensive or high-end the unit you are considering is, the landlord should put you and your concerns first. After all, you, the client would be their reason for being in business and staying in business. While a certain degree of respect is expected from tenants, this does not mean that your landlord can lord you over and command respect. In a sense, your prospective landlord should at least take the business adage, “the customer is always right” seriously and address your concerns promptly. If you feel like your potential landlord does not meet this criterion, you are better off looking for another property.
4.) Find Flexibility
Although it is not encouraged for renters to default on their rental payments, it would be best if you can rent from a nice landlord who is aware of real-life obstacles and financial constraints. Indeed, it is written in the contract that payment would be due at a certain hour on a scheduled date but should any fortuitous events occur, your landlord should be flexible or kind enough to make allowances. This is not to encourage you to pay your rental dues late, but at least have an understanding, and a flexible landlord who can meet you on your terms should emergencies such as hospitalizations and accidents occur.