One of the simplest places to start your search for a managing agent is to find out who the trustees are of some of the other buildings in your area and ask them who their managing agents are. You will quickly find out if there are some to be avoided and others who are highly regarded.
There are so many Community Schemes that suffer from the same problem: Owner apathy. How many Trustees of Sectional Title Schemes complain about the lack of attendance at their annual general meetings or even the lack of response to circulars requesting owner input?
The decision to invest in rental property is a great way to generate extra income, if done correctly. By utilising the following tips, you can ensure that you optimise your return on the investment.
We live in uncertain times, but that doesn’t mean that you should be unsure of your investment. At Sandak-Lewin Trust, we care and that is why we have compiled a list of factors that should be taken into consideration before making a property investment.
Timing is so vital to making successful investments. For most property investors, the fact that the investment is made with a long-term view in mind, short term (1-3 years) fluctuations in market value do not overly impact on the return of their investment.
Imagine knowing exactly what your newly acquired parking bay is worth, or what the rate per square meter is to rent a storage room. Information about a prospective property is vital for you to make the best decision possible for your requirements.
Although many tenants believe that the Prevention of Illegal Eviction and Unlawful Occupation of Land Act 19 of 1998 (PIE) will prevent a landlord from evicting them from a property once a lease has ended if they cannot find alternative accommodation, this is not necessarily the case.