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How to combat sophisticated fraud in rental applications
How to combat sophisticated fraud in rental applications

Fraud by prospective tenants trying to secure residential units is on the rise in SA and reflects global trends. Approximately 60% of rental applications submitted through Johannesburg property developer and rental management company, Renprop have included false information in the past six months. [Sheree I added in a timeline is…

Randburg’s revival gaining momentum
Randburg’s revival gaining momentum

Randburg, established more than 60 years ago, is experiencing a long overdue revival after years in the doldrums. Top Johannesburg developer Renprop, which has built several popular residential projects in the area in recent years, says the node’s affordability, access to good transport networks, and attractive shopping is helping fuel…

Women’s property purchasing power on the rise
Women’s property purchasing power on the rise

More than a decade ago the average residential investor or first-time home buyer was probably male, but there have been significant changes of late, with women increasingly being the driving force in the real estate market in recent years. According to residential experts, young black women, in particular, are on…

Raw materials price increases to cause property price spike
Raw materials price increases to cause property price spike

Now is the time for investors and property buyers looking for newly constructed properties to purchase greenfield developments. As from here on out, it is going to get significantly more expensive due to soaring raw material prices. This is according to Chris Renecle, the MD at Renprop, a Johannesburg based…

Are office to residential conversions the solution to vacant buildings
Are office to residential conversions the solution to vacant buildings

Much has been made about the possibility of converting the expanse of vacant office space in South African cities to residential apartments. This at a time when the current low interest rate environment favours first-time home buyers. However, it is no straightforward task according to Chris Renecle, managing director of…

Rental guarantees set to attract investment buyers
Rental guarantees set to attract investment buyers

Between 2003 and the start of the global financial crisis in late 2008, the local residential property market experienced a boom that hadn’t been seen in decades. Both first time property owners and established landlords rushed in to snap up investment properties. As a result the buy-to-let residential market experienced…

Why You Should Run Your Rental Property Like a Business
Why You Should Run Your Rental Property Like a Business

Rental properties are a source of income for landlords, which is taxable. Aside from income and expenses and tax, owning rental properties comes with legal considerations as well as day to day management requirements. Sound like a business? Well that’s because it essentially is. Chris Renecle, MD of Renprop, says…

Top 5 Points Tenants Need to Know Before Signing a Lease
Top 5 Points Tenants Need to Know Before Signing a Lease

While renting a property doesn’t require as much commitment financially and for as long term as buying a home does, tenants should remember that a lease is a legally binding document which means they should be sure they understand all the points they are agreeing to upon signature thereof. This…

The Pitfalls of Using Multiple Agents
The Pitfalls of Using Multiple Agents

The residential property market is a competitive one at the moment as the economic and political conditions have made buyers extra cautious in their purchasing endeavours. Although well-priced homes are selling within a reasonable time frame and the market is active, according to Debbie Justus-Ferns, divisional manager of Renprop Residential…

Top Tips for Preparing Your Home for Showday
Top Tips for Preparing Your Home for Showday

While estate agents are employed as experts to assist homeowners in the sale of their property, the sellers also play a very important part in the marketing aspect. This is according to Debbie Justus-Ferns, divisional manager of Renprop Residential Sales. She points out that while estate agents can help the…

Questions that Sellers Need to Ask Their Agent
Questions that Sellers Need to Ask Their Agent

Selling a residential property is always an emotional time for property owners. It is also a time of big expectations – how much money will they get for their home and how long will it take to sell? While pricing a property correctly is essential to attracting serious buyers, the…

Essential Questions for Buyers to Ask Their Estate Agent
Essential Questions for Buyers to Ask Their Estate Agent

While an estate agent typically represents a seller in any residential property transaction, they also act as a liaison between the buyer and seller and work closely with buyers to find them a suitable property and navigate the finance process among other services. Debbie Justus-Ferns, divisional manager of Renprop Residential…

The Benefits of Working with a Professional Real Estate Agent
The Benefits of Working with a Professional Real Estate Agent

While current technology means that consumers can access a wealth of information with one click of their mouse, when it comes to buying and selling residential property, the assistance of a professional real estate agent can be invaluable. This is according to Debbie Justus-Ferns, divisional manager of Renprop Residential Sales.…

Top 3 Advantages of Renting in a Sectional Title Complex
Top 3 Advantages of Renting in a Sectional Title Complex

Sectional title complexes offer numerous advantages to its residents, especially tenants, which is one of the reasons why the numerous sectional title schemes within the northern suburbs of Johannesburg have seen continued strong rental demand. “While factors such as location and amenities are always important when looking for a place…

Top Three Indicators You are Ready to Buy a Property
Top Three Indicators You are Ready to Buy a Property

The current residential property market presents a good opportunity for property buyers, but how do you know if you are ready to own a property? Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that before committing to an offer to purchase, potential buyers need to make absolutely certain they…

Managed Rental Schemes Offer Numerous Advantages for Tenants
Managed Rental Schemes Offer Numerous Advantages for Tenants

In recent years there has been a surge in demand for rental accommodation in the northern suburbs of Johannesburg, which has led to the development of rental schemes – sectional title developments that are owned and managed by one company purely for rental purposes. “There are a number of advantages…

Commonly Overlooked Costs When Buying Or Selling
Commonly Overlooked Costs When Buying Or Selling

Whether you are buying or selling a home, the transaction will come with certain cost implications. When planning their finances around the purchase or sale of a property, buyers and sellers often overlook some items and forget to include them in their budget, says Debbie Justus-Ferns, divisional manager of Renprop…

Top 5 Points Landlords Need to Know Before Letting Their Property
Top 5 Points Landlords Need to Know Before Letting Their Property

In the current market, letting out a property can be a good option as rental demand remains strong, especially in the northern suburbs of Johannesburg. This is according to Chris Renecle, MD of Renprop. However he says that before homeowners let their property out, there are five key points they…

How to Ensure You are Rental Ready
How to Ensure You are Rental Ready

The requirements for renting a residential property have become more and more onerous on prospective tenants as landlords have become increasingly circumspect as to who they let their property out to. Chris Renecle, MD of Renprop, believes that this is due to economic circumstances in recent years which have resulted…

Top 5 Things To Do Before Putting Your Home on the Market
Top 5 Things To Do Before Putting Your Home on the Market

If you are looking to sell your home this year, Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that there are five crucial things to do before the ‘for sale’ sign goes up. “Before buyers start viewing your home, it is vitally important to make sure it is as…

What Body Corporate Finances Really Mean for Your Investment
What Body Corporate Finances Really Mean for Your Investment

Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision. Chris Renelce, MD of Renprop, explains that this is because the…