Want to rent out your property or invest in a rental? Going from property owner to landlord requires legal and operational know-how. While a private individual renting out their own property or an Airbnb unit does not need to register with the Property Practitioner’s Regulatory Authority, they must comply with rental, consumer, and tax laws. The rental income must be declared as part of your annual...
Selling a home is one of the biggest transactions a person can make. Selecting the right agent will make a huge difference in how it all plays out. A skilled real estate professional can help navigate everything from marketing the home to negotiating the best possible offer, which is why it is important to choose wisely and select somebody who is compatible with your unique needs....
All materials have a lifespan and even the most well-built homes will eventually start to show their age, as a homeowner, you need to know what signs to look for so you can step to prevent these issues from becoming long-term problems....
When selecting a tenant, landlords are pressed to find the best possible tenant to occupy their rental property. The questions asked during the screening process are crucial for the success of the rental property in the long run....
With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that a decision would be taken to further increase the repo rate, the question was simply by how much....
Buy-to-let activity is on the rise once more as investors start to explore a whole new tenant demographic, says Berry Everitt, CEO of the Chas Everitt International property group. He notes that according to FNB senior economist Siphamandla Mkhwanazi, buy-to-let property purchases accounted for 11% of all home purchases in the first quarter of this year, up from 10% in the same period of 2021, despite...
The latest Africa Wealth Report for 2022 was recently published by New World Wealth and it reveals that much of the wealth still resides in the cities, particularly Johannesburg and Cape Town....
The global economy has been hit hard in recent months. Rising fuel prices, interest rates, and inflation levels have put a strain on households across the globe. South Africa will undoubtedly feel the effects, but experts feel confident that the local housing market will remain resilient against this challenging backdrop....
When it comes to home trends, most of the focus is on interior aspects like layout, colour schemes, kitchen design, and the latest décor however, considering that kerb appeal is where first impressions are formed, the exterior is perhaps even more important in the grand scheme of things....
Investing in real estate remains one of the best ways to accumulate wealth, both in terms of appreciation in market value as well as generating a reliable monthly cash flow....