Following a period of lockdown restrictions that put severe pressure on the income levels of many households, some landlords have had to go through the costly process of applying for a court order to evict defaulting tenants…
Allowing a reputable and experienced home inspector to conduct a thorough home inspection before you decide to let your property is beneficial to both the landlord and the tenant…
If I was a Landlord interviewing potential rental agents to procure a new tenant ,and to manage the lease, for my rental property, I’d be asking for the following 3 figures for their rental portfolio (or their company’s rental portfolio) . . . .
Yes, believe it or not, there are (at least 6!) reasons for Rental Agents to LOVE FICA . . . Rental agents are required to carry out FICA-related due diligence on ALL prospective Tenants and Landlords BEFORE entering into a business relationship with them, i.e. concluding a mandate, or a lease agreement …
A recent event at a Cape Town guesthouse has ignited serious concerns for landlords of short-term accommodation offerings, particularly about their ability to evict a non-paying tenant…
When buying an investment property, you should apply the same “rules” about location, condition and security as when buying a home for yourself. That’s the word from Berry Everitt, CEO of the Chas Everitt International property group, who says that volatile equity markets, relatively low interest rates and banks eager to lend on residential property have spurred an increase in buy-to-let purchases this year, in spite of slow rental growth rates.
Your residential fixed-term lease expires but for whatever reason you don’t sign a new one. Nor does the lease say anything about what will happen on expiry…
The tightening of the lockdown restrictions amid the second wave of the Covid-19 pandemic once again highlights the risks of rental property ownership. Pressure on employment and household finances naturally impacts the ability of tenants to pay their monthly rents…
The year 2020 certainly showed us that life does not always go according to plan. Even more so within the rental market. The financial impact of the Covid-19 pandemic has many good-quality tenants finding themselves under unexpected financial pressure…
Author : Homeloans SA Renting out your Property – The Do’s and Don’ts Are you a short-term or long-term landlord with one or more properties to rent out? Renting out property either way could be a profitable business…
We have a pre paid electric meter at the house we rent. All rent and utilities are up to date [paid directly to the letting agent] however every time I purchase electric, half gets deducted as the owner is in arrears..
I’ve often been asked, by both landlords and agents, “Is there any purpose in signing a fixed term lease when a tenant can cancel the lease at any time by simply giving 20 business days notice?”
You’re the Rental Manager and you get a call from a client with a complaint. You listen to what the client has to say and you then have a meeting with your team to get their side of the story. It turns out that they ‘totally forgot’ a crucial step in a ‘standard’ process – something that they do regularly – and all of a sudden you have a problem because a ‘crucial’ action was omitted…