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Being a good lessor

Last updated: 3 Aug 2025
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Even though the demand for houses and condos exceeds the supply of available rentals, landlords who are overly strict and focused on rental income cannot be effective landlords.

An important consideration for landlords is tenant comfort. Think of real estate as a hotel, imagine yourself as a receptionist, maintenance worker, or security guard, and you'll understand what makes a good landlord.

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Equality and Equitableness

All potential renters should be treated fairly. Judging based on superficial characteristics such as race, age, and occupation is biased and misses important information. Pay attention to the tenant's personality, character, and lifestyle, and consider whether they will be comfortable living there and whether their lifestyle will create a nuisance or annoyance for neighbors. Failure to consider this aspect can create problems for the landlord later on.

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Inspect the property.

Landlords must ensure that the property they are renting is comfortable, clean, and has proper sanitation, proper electrical and lighting systems, and is free from dust. Pests, insects, etc. If the landlord, based on his own assessment, finds that the property is unlivable, the property should not be rented out, even at a lower price.

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Home Improvement


Rental property is an investment, and investments increase as the property value increases. Therefore, if you want to increase the monthly rent, you must also increase the tenant's benefit from renting the property. This can be done by improving or repairing the property. The tenant must be informed of any changes and any impacts that may affect the tenant's rights. 13 Must-Dos: Renovating a Used Home

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Tenant Expectations

If you expect the tenant to maintain the property at the same level as the landlord, you should have a mutual agreement about the landlord's roles, responsibilities, and expectations. However, the agreement should not be too restrictive. Treat the tenant as your own customer, not just someone who pays your rent each month.

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Be open to any problems.

Regularly inquire about the tenant's well-being to determine their comfort level. Be especially mindful of any concerns and promptly address any issues that may arise. Always remember that tenants are our customers, and their happiness is ours, the landlords. Therefore, we must provide the best possible service to our tenants.

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Deposit

The deposit is clearly stated in the lease agreement. The deposit is used solely to repair damage caused by the tenant's actions. The landlord must return the deposit to the tenant upon the expiration of the lease term. During the lease term, the landlord must not amend the lease agreement. It is best to wait until the expiration date.

Being a good real estate landlord is simple. Following the guidelines above, we simply need to be courteous and have a heart of service to our tenants, our customers, just as we would our own family and friends.

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Source: DD Property

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