By now it is difficult to find someone who has not heard of the popular private letting site, Airbnb, including your tenants. Holidays at the end of year are just around the corner, making now a tempting time for tenants to consider subletting either a room in your property, or your entire home without your knowledge.
Renting to foreign nationals
The Western Cape in particular is a desirable destination for foreign tenants, but how do you vet them to make sure you can actually rent to them safely? While there are foreigners with permanent residency, or those on sabbatical or study leave, often 90 days is the term of a visitor visa, and it is not unheard of that tenants can bend the truth to get into a rental property, only to literally fly away in breach of the lease.
Up-to-date utility accounts
As you can no longer put utility bills into the names of tenants, it is often more cost effective for you to install a prepaid electricity meter. However, if you don’t keep your other utility bills (i.e. your rates bill) paid up to date, when a tenant puts in prepaid electricity, part of it can be deducted due to arrears on your accounts.
While you could manage these situations yourself, having an efficient managing agent in your corner looking after your property, can greatly assist you in keeping things on track and ultimately give you peace of mind.