A property owner's goal to accumulate wealth through his investment is achievable provided a quality tenant was sourced,the tenant pays the rent on time and treats the property with respect, and the investor understands the tenant's rights.
Wise investors know that it is less expensive to hire a fully compliant Professional Estate Agent who has the expertise and experience to manage their properties, especially in this complex industry with many potential pitfalls. Quality tenants prefer to rent properties that are managed by professional rental agents. Etchells and Young are experienced Property Agents in Johannesburg.
If the investor is not 100% informed and fully compliant with the laws and regulations that govern this industry, he is not protected from potentially unscrupulous claims from disgruntled tenants, contractors and other bodies.
Property Owners who want to manage their own Investment Property should consider the following questions: