So you have been stressing for months about unpaid rent due from your tenant, and you are unsure how to remedy the situation. On top of that, you are unsure if you can evict your tenant legally, as you don’t have a written lease agreement…
The issue of short-term rentals in residential complexes is a sensitive topic. For permanent residents, units rented out on a short-term basis, whether through Airbnb or other channels, can be bad news, jeopardizing the development’s reputation, property values, and security. For many property investors, however, short-term rentals are their bread and butter…
The average residential rent increased by 0.8% year-on-year, from R7 854 per month in Q4 2020 to R7 906 in Q4 2021, according to PayProp’s 2021 Rental Index Annual Market Report – a welcomed uptick in rental growth by landlords…