TOP TIPS FOR LANDLORDS

As a landlord, you want to protect your investment, but you don't want your rental unit to remain vacant for a long period of time, which damages your profit potential. While you might be tempted to rent the property quickly without regard for tenant quality, renting your unit to unqualified tenants may cause costly, time-consuming problems down the road.

 

1. With prospective tenants having many property options to choose from, choose a fitting price that will entice lessees.

2. A higher rental does not necessarily attract a better tenant candidate. Tenants are looking for value and that value is determined by the market.

3. 𝗠𝗮𝗶𝗻𝘁𝗮𝗶𝗻 𝘆𝗼𝘂𝗿 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝘁𝗼 𝗿𝗲𝗺𝗮𝗶𝗻 𝗿𝗲𝗹𝗲𝘃𝗮𝗻𝘁
Take the opportunity, especially if the space is standing empty, to modernise your property. A coat of paint, changing light fittings and door handles will go a long way.

4. 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝗳𝗼𝘂𝗿-𝗹𝗲𝗴𝗴𝗲𝗱 𝗳𝗿𝗶𝗲𝗻𝗱𝘀
There will always be a high demand for properties with a private garden as well as pet-friendly complexes and homes. 

5. 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆, 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆, 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆
As always, security remains a key factor and properties that have security systems and measures in place are highly desirable. Ensuring your tenants feel safe and secure is a sign of a good landlord and it often correlates with the condition of the property.

Contact the property experts for more assistance and tips:
http://www.properties-r-us.co.za/
info@properties-r-us.co.za
021 863 2046

Author PROPERTIES R US