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…
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…
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…
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…
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…
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