In Pretoria alone, for 2017, there were nearly 13,000 properties sold which included Sectional Title and Freehold Properties. A large percentage of these sales were investment properties earmarked for letting to tenants.
Stricter lending criteria and other factors have resulted in an active rental market which is good news for property investors. Property rentals however, can become rather contentious with landlords and tenants coming to blows about issues that were not properly dealt with upfront or as a result of poor management.
Attempting to manage your tenants yourself can be extremely time consuming and can cause significant frustration on the part of landlord and tenant.
With a dedicated agent working on your investment, not only are you freed of the administrative burden but more importantly, monies are collected and managed for you, your property is regularly inspected for damage and your investment is protected. In our experience, dealing with issues such as damage to your property early on before they develop into significant issues, saves major expense down the line.
Having the ideal tenant all starts with the application and vetting of the prospective lessee. We make sure all vetting requirements are met thereby minimising the chances of a delinquent tenant. Credit profiles are updated accordingly to assist in this process.
Appointing an experienced and knowledgeable rental agent ensures you have a solid and legally correct lease agreement in place which protects both parties and makes for a smoother, pain free experience.