Entries by adri

Finding your rental sweet spot

So, you have a property that you wish to rent out. But how do you set a fair price? If you set the price too high, you’ll probably struggle to find a tenant. On the other hand you would like your investment to be as profitable as possible. By doing thorough research you can establish […]

Can my tenant use the deposit as the last month’s rent?

Many tenants are under the false impression that they can simply instruct the landlord to use the security deposit as the last month’s rent. A good lease agreement would mention specifically that this is not permitted, since the main function of the security deposit is to protect the landlord against any damages to the property caused […]

Find your own tenant and save money

Wouldn’t it be nice to have an extra month’s rent in your pocket? If you decide to find a tenant yourself rather than pay a rental agent to place one for you, you’ll save yourself the placement fee – usually one month’s rent. In a recent article we offered some pointers to take good photos of […]

How current water restrictions affect landlords & tenants

Times of scarcity often have the effect turning people against each other and Cape Town’s current water crisis is no exception, with many disputes regarding water usage arising between landlords and tenants. Here are some tips for landlords to help them navigate this difficult time with their tenant. Level 5 restrictions in a nutshell Residents […]

Watch out for deposit fraudsters!

As the silly season approaches we see the predictable increase in activity of scammers and con-artists defrauding the public of their hard-earned money. Deon Botha, CEO of specialist Rental guarantee company Rentmaster says “Scams to steal money paid across as security deposits to secure rental property is an old trick that can easily be detected […]

Tips for placing an effective rental advert

Step one: Pointers for taking great photos of your property Since we don’t find you a tenant, we thought we would write a series of articles to help you to successfully find a suitable tenant for your property. If you plan to place your own advert in one of the many online property sites, it’s […]

Beware the debt mule

    At RentMaster we have seen an increase in couples living well beyond their means and duping landlords by keeping one partner’s credit rating “squeaky clean” while allowing the other’s credit rating to become besmirched.  When applying to rent a a property, Mr Squeaky-Clean supplies his details, but it’s actually Mrs Besmirched who signs […]

Landlords, these are the best performing rental markets

While it might all seem like doom and gloom with regards to the economy, savvy property investors who target the right areas can still get excellent returns. We all react to economic stress in a different way. Some of us avoid reality in an attempt to ride an invisible wave above what is while others feed […]

How long does it take to assess prospective tenant?

Unsurprisingly, the answer to this question is: it depends. If a landlord has provided us with the tenant’s complete and up-to-date information and we are able to contact all their references, we are usually able to conclude the profiling and vetting within 24 hours or less. Delays are most often caused by incomplete or outdated […]