YC Home Renovation

28/05/2020

Vanaf Maandag 1 Junie 2020 is ons weer op ons pos. Kontak ons vir enige herstelwerk en onderhoud op jou eiendom.
Yolande : 0791835329

09/10/2018

05/09/2018

WHAT CAN I DO IF A TENANT CLAIMS TO HAVE PAID THE RENT, BUT I HAVEN'T RECEIVED IT?

It is your tenant's responsibility to make sure that you receive the rent, so your tenant will have to show you proof of payment (for example, a bank-deposit slip). If your tenant can't do so, you can give your tenant notice in terms of your agreement and seek a court order for eviction.

If you are satisfied that payment has, indeed, been made, you are then obliged in terms of the Rental Housing Act (Act 50 of 1999) to provide you tenant with a receipt.

A receipt must contain the following information:

The date of issue
The address of the property for which the payment is made
The reason for the payment (whether it's rental, arrears or a deposit)
The period of the payment (for example, the month for which the rent will be paid).

31/08/2018

🐜An ant knocked on the door of a house.
The house owner opened the door.
"I want a place to stay," said the ant.
"I have a vacant room which you can occupy for free of cost," said the owner.
The ant went inside and occupied the vacant room.
After some days, the ant brought in another ant 🐜and requested the owner , "Can you please allow this ant to stay with me?"
"Oh sure, you can do so without paying any rent," said the owner.
After some days the ant brought a 3rd 🐜ant and requested the owner
to allow it to stay with them.
The owner agreed to it without asking for any rent.
This went on as the 🐜ant brought in more and more ants and the owner agreed to let them stay without any rent.
One fine day, the ant brought in the *10th* ant 🐜and requested the owner
to allow it to stay with them all.
The owner said,
"OK, you can all stay here but now you all need to pay rent."
*Now the question is:*

Why did the owner ask for rent when the 10th ant came in?

🤔

🤔

🤔

🤔
🤔

Because they were now *tenants!*
🐜🐜🐜🐜🐜🐜🐜🐜🐜🐜

30/08/2018

WHAT CAN I DO IF MY TENANT HAS NOT PAID THE RENT ON TIME?

Technically, your tenant is in breach of contract. Refer to the breach clause of your contract (or, in the case of a verbal agreement, the agreed on terms for termination) and act on it.

If you don't have a cancellation agreement, it is good practice to write a letter giving your tenant seven days to pay, failing which you will cancel the lease.

28/08/2018

https://www.iol.co.za/personal-finance/distressed-property-for-sellers-and-buyers-16616117

Whether you’re a property owner who needs to sell, or a savvy investor looking for a bargain, there are certain things you need to know.

28/08/2018

BY HOW MUCH CAN I INCREASE RENT WHEN I RENEW THE LEASE?

It depends on what it says in your contract. If your contract doesn't specify a reasonable escalation, you will have to negotiate an acceptable rent with the tenant.

18/08/2018

CAN I INCREASE THE RENT IN THE MIDDLE OF A LEASE PERIOD?

Not unless your lease agreement specifically says you can. If you want, you can add a clause to the initial agreement listing specific reasons that would allow you to increase the rent (for example, if the rates increase).

16/08/2018

WHAT MAINTENANCE MUST THE TENANT DO?

It depends on what your lease says. Usually, a landlord maintains the outside of the property and a tenant the inside.

07/08/2018

SHOULD I ASK FOR A DEPOSIT?

Yes, it's a good idea to put it in the lease. Remember that the deposit must be put in an interest-bearing account for the duration of the lease and given back to your tenant, plus the interest it has earned, when the tenant moves out.

If, however, your tenant still owes you money on moving out, or if the property has been damaged beyond normal wear and tear, you can use the deposit to pay for repairs or to cover the money owed to you.

See WHAT CAN I DO IF THE TENANT HAS DAMAGED THE PROPERTY? for more on deposits.

04/08/2018

HOW DO I CHECK A POTENTIAL TENANT'S BACKGROUND?

Speak to the tenant's current landlord for a reference. It's also a good idea to speak to previous landlords, as the current landlord may give a good reference as a way to get rid of an unwanted tenant, and to get a letter from your tenant's employer to verify his permanent position and income.

You can also do an ITC credit check (call TransUnion ITC on 0861 482 482 or visit www.transunion.co.za).

Transunion offers total credit protection all in one place from credit alerts, credit reports and credit scores. Get your credit score today from TransUnion!