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Most Recent Renting Articles

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HOW TO PULL OFF A SELF-MOVE

HOW TO PULL OFF A SELF-MOVE

Moving into a new home comes with such a long list of expenses that hiring a professional moving company is one of the first expenses that many buyers tend to try and work around. While using a professional moving company will reduce the risks of damage to your furniture and injury to yourself, smaller moves can be done effectively by yourself if you plan carefully and take all the necessary preca...

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4 QUESTIONS TO ASK YOUR APARTMENT’S SECURITY GUARD

4 QUESTIONS TO ASK YOUR APARTMENT’S SECURITY GUARD

The gates are closed and there is a security guard onsite – I should be safe, right? The unfortunate reality is that this is most often untrue. Many buyer’s take for granted that the security or concierge at the front desk is well-trained and familiar with policies and procedures for access control. The fact is, this is often simply not the case. If you want to make sure your apartm...

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WHAT YOU NEED TO KNOW AS A FIRST-TIME LANDLORD

WHAT YOU NEED TO KNOW AS A FIRST-TIME LANDLORD

Building an investment property portfolio and becoming a landlord can be a great way of increasing your income or making a living, however being a landlord is not for everyone. While letting out property is a viable option for generating income, there is a lot more to being a landlord than signing lease agreements and collecting the rent. Many landlords underestimate the amount of time and ener...

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BE AWARE OF POSSIBLE RENTAL SCAMS

BE AWARE OF POSSIBLE RENTAL SCAMS

While the Internet is an extremely useful tool, it has also made it easier for criminals to prey on prospective tenants – with the number of incidences on the increase. Emotionally driven, enthusiastic tenants who are excited about the prospect of finding the ideal rental property are often more susceptible to fraudulent activity. Time is also a factor. Tenants are often eager to find the...

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THE PROCESS OF REZONING OR SUBDIVIDING

THE PROCESS OF REZONING OR SUBDIVIDING

If you are looking to rezone your property for business use or subdivide to sell a portion of your land, it may take longer than you initially expected. Whether applying to rezone or subdivide a property, the application will need to follow a series of procedures before it is considered, which takes time. The application will need to be submitted to the relevant local authority and can anywhere...

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TENANT SELECTION IS IMPERATIVE TO RENTAL SUCCESS

TENANT SELECTION IS IMPERATIVE TO RENTAL SUCCESS

Purchasing an investment property and renting it out can be a mutually beneficial arrangement for both the landlord and tenant, provided the owner of the property adheres to a few key principles from the start when selecting a suitable tenant. Due to South African legislation, selecting the right tenant can be a rather complex process. However, there are several methods that landlords can use t...

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LETTING OUT YOUR HOME - THE PROS AND CONS

LETTING OUT YOUR HOME - THE PROS AND CONS

Although it may not have been your original intention to become a landlord and let out your property, there are certain situations in life where the need may arise. Be it needing to relocate for work or dealing with financial difficulty that needs to be addressed, if the end goal is to hold onto the property, letting it out could be a feasible option. However, it does have both advantages and disa...

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IS IT POSSIBLE TO TERMINATE A LEASE AGREEMENT WITHOUT RECOURSE?

IS IT POSSIBLE TO TERMINATE A LEASE AGREEMENT WITHOUT RECOURSE?

There are a number of possible reasons that could arise that lead to a tenant wanting to terminate their lease agreement before it has run it course, however, it is possible for them to get out of a lease agreement without being in breach of the contract? The answer to the question will depend on the cancellation clause within the lease agreement. Unless there are grounds for cancellation of th...

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HOW TO GET THE LANDLORD TO BE REASONABLE WHEN ESCALATING THE RENT

HOW TO GET THE LANDLORD TO BE REASONABLE WHEN ESCALATING THE RENT

Unfortunately, as with most things in life, rent goes up each year - but does this mean that tenants have no choice but to expect whatever percentage the landlord decides one? Every year on the anniversary of the lease, the rental agent and landlord need to decide two things - firstly whether to agree to a renewal with a tenant and secondly what escalation will apply. It is unlikely that the le...

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