Assess rental property profitability using metrics like ROI, cap rate, and the 1% rule. Leverage tax breaks and expert advice for optimal returns.
Fair wear and tear refers to expected deterioration from regular use, while damage is excessive or unauthorized changes causing substantial harm.
Rental property inspections are crucial for both landlords and tenants. They protect against disputes and ensure accountability.
Understanding interest rates is vital for managing finances. Changes affect loans, investments, businesses, and the economy.
Sectional Title Schemes Act mandates budgets for body corporates. Factors like inflation, maintenance, and size influence levy adjustments. Owners approve budgets at AGMs.
EasyProperties allows individuals to invest in property by buying shares in residential properties in South Africa through the EasyEquities platform.
Trustees in sectional title schemes are elected to manage finances, maintenance, and operations. They represent owners and manage portfolios such as finances, maintenance, and communication.
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Utilize rental agents for property management. They handle tenants, inspections, and maintenance, offering convenience and expertise.