LettingWorx Property Rentals

Tenant behaviour - the Good, the Bad, and the oh so Ugly

on Sunday, 09 December 2018. Posted in LettingWorx Property Rentals

Communicating with different tenant personalities

 “You are surrounded by them. You are them. Human beings. But how do you deal with them?” Wayne Dyer

We do our due diligence thoroughly screening the tenant in the application process. But this doesn't always show the true personality of the applicant, nor the unmasked version of some whom you will meet immediately after handover … in some cases Mr or Ms Charming and Co-operative turns in Mr/Ms Godzilla-tenant on steriods.  With this type of personality it's usually on the day of handover inspection.  A stand-up tenant with impeccable credentials … and an unforseen problem.

There's something about the combination of property (which is always emotive) and money, which changes some people.

 

Claiming Damages from Tenants

on Sunday, 11 September 2016. Posted in LettingWorx Property Rentals

Claiming Damages from Tenants & Refunding Tenant Deposit

Ensure your documentation is watertight if you need to claim damages from the tenant before refunding their deposit. This all begins with the ingoing inspection before the tenancy starts ...

Conducting Property Rental Inspections

on Sunday, 11 September 2016. Posted in LettingWorx Property Rentals

Conducting Property Rental Inspections

There is so much detail and legality around ingoing and outgoing property rental inspections. When should they be done? ... Who needs to do them? ... What happens if they're not done?

A recorded inspection of the home is vital to protect both parties - here are some pertinent do's and don'ts for rental inspections …

What are the end of tenancy cleaning requirements?

on Monday, 27 April 2015. Posted in LettingWorx Property Rentals

What is the tenant’s responsibility when moving out in terms of cleaning and maintenance? Of course the golden rule is, repair any damage and leave the property as you would like find it. Also a thorough ‘spring clean’ is required at end of tenancy and this takes planning and work, so here is a checklist to help you comply.

Landlords Responsibilities for Property Repairs and Maintenance

on Sunday, 09 March 2014. Posted in LettingWorx Property Rentals

What is the Landlords responsibility for Property Maintenance?

To be clear on landlords responsibilities for repairs and maintenance of rental properties – owners often ask why they should repair something like a broken lock, alarm contact, or auto gate not opening, when “the tenant is the one living there”. The simple answer comes down to, tenants can generally only be held liable for repairs/replacement in the property if the damage was caused by the tenant actions, or ...

Relocation to Cape Town not slowing down

on Monday, 17 June 2013. Posted in LettingWorx Property Rentals

DEMAND FROM TENANTS RELOCATING TO CAPE TOWN

The number of enquiries from prospective tenants relocating and needing property to rent in Cape Town has definitely not slowed down this year – the migration South appears to be constant and steady as we receive a number of ‘relocation to Cape Town’ rental enquiries daily from people within SA and abroad.

Usually every year from about October we expect and receive ...

Mould and Mildew in Rental Property - LettingWorx Rentals

on Sunday, 11 November 2012. Posted in LettingWorx Property Rentals

Whose Responsibility is removing Mould in Rented Property?

Mould in rental property caused by lack of ventilation and humidity, i.e. by the tenant’s use of the property, is the responsibility of the tenant to prevent/control/eliminate.  And preferably eliminate mildew immediately it’s noticed as mould spores can be breathed in and can be a real health hazard.  Millions of mould spores bustle around in dust particles in your rental home and become active in moist, humid conditions.  Mould can be found in any room due to ...

What is Fair Wear and Tear on rented property?

on Sunday, 28 October 2012. Posted in LettingWorx Property Rentals

What constitutes Fair Wear & Tear in rented property?

The question of fair wear and tear on a rental property and what damages a landlord can deduct from a tenant's deposit .... one could write reams on this topic - the subject I'm sure of many a heated debate between landlord and tenant.

Basically fair wear and tear is seen as damage or loss to an item at the rented property which happens as a result of ordinary use and exposure over time.  

So what damages can a Landlord charge for ... ?

Capital Gains Tax on Investment Property

on Sunday, 14 October 2012. Posted in LettingWorx Property Rentals

What is your Capital Gains Tax liability on sale of Investment Property?

There are quite significant exemptions and deduction allowances to reduce Capital Gains Tax liability.  In March 2012 exclusions were increased - primary residence from R1.5m to R2m, and annual from R20k to R30k, and so was the taxable percentage.  But the impact can be reduced ...

Tax Deductions on Monthly Rental Income

on Friday, 12 October 2012. Posted in LettingWorx Property Rentals

What are Allowable Tax Deductions on Monthly Property Rental Income?

Landlords tax obligations on rental investment properties arise from income and capital gain. The investors tax liability can be reduced by allowable expenses, i.e. Revenue expenses from monthly rental income, and Capital expenses from capital gains.  While letting your property you will be taxed ...
 

The Consumer Protection Act and Lease Agreements

on Sunday, 23 September 2012. Posted in LettingWorx Property Rentals

Making peace with the Consumer Protection Act and Lease Agreements

Article updated March 2014. The introduction of the The Consumer Protection Act (CPA) in South Africa in April 2011 stirred fear in the hearts of landlords, and is still today viewed with angst by most new landlords we meet. As with everything we sometimes fear what we're not familiar with. Over the last 3 years we've experienced some benefits and made peace with the effects of the Consumer Protection Act on lease agreements ...

Does your rental agent conduct thorough credit checks on tenant applications?

on Friday, 10 August 2012. Posted in LettingWorx Property Rentals

In the current economy it is imperative that your rental agent conduct very thorough checks on tenant applications - we can't stress this enough - if your agent does not do this you run a very real risk of securing the wrong tenant, a nightmare you don't want to be faced with.

South African households are still showing a high percentage of debt in relation to disposable income - apparently not much reduced since the peak of the boom, therefore those with high debt have been taking considerable strain for quite some time - making the landing of an unsuitable tenant a risk ...

Giving your Cape Town rental properties the edge

on Friday, 10 August 2012. Posted in LettingWorx Property Rentals

Property Investors/Landlords invest in your property to attract quality tenants for your Cape Town rental properties.

When tenants are viewing prospective rental properties, as well as curb appeal - interior eye appeal and presentation are vital in attracting a quality tenant.  Also, a well-maintained property will attract a significantly higher rental than the slightly worn-around-the-edges rental property down the road.

Bringing the outside into your rental home at night

on Friday, 10 August 2012. Posted in LettingWorx Property Rentals

An inexpensive way to bring the outside into your rental property at night

Firstly, have to tell you about A Great Find - Ourdoor Solar Fairy lights! This article (link below) prompted me to light up my courtyard garden with LED lights and in the search for good lighting also found Outdoor (solar powered) LED Fairy Lights (from lighting stores) for the trees - fabulous! When it came to solar garden lamps, we discovered that the simple outdoor LED lights sold at local chain stores can't do the job - most of them apparently only have one one LED bulb so pretty useless in lighting your garden - but the quality lamps with sufficient number of LED bulbs create a magical garden in the evening.

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