Most Recent Renting Articles
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
Read moreBE 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
Read moreTHE 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
Read moreTENANT 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
Read moreLETTING 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
Read moreIS 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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