Property Rentals Garsfontein
PUBLISHED 22 MAY 2017
Should You Sell Your Home, Or Rent Your Property Out?
Things are changing drastically in South Africa. The socio-economic atmosphere in the country affects every aspect of the economy, from imports and exports, to the housing and property sector. It’s natural to feel panic about the property sector, but it is wise to take a breath, and take stock of where the market is currently at and where it is headed, before making rash decisions. If you’re unsure whether to sell your investment property in Garsfontein, or put it up for rent, read on.
How’s the Rental Market?
This is an important question, and a good answer to have. If you’re unsure, take a look at online websites to see what properties in your neighbourhood are renting for. Are there many listings? This could be indicative of a high demand.
Consider what you may charge, and what you might need to do to bring your property up to market standards. This should provide you with a clear idea of whether your potential rental income will cover your expenses.
Where’s the Neighbourhood Heading?
Many factors feed into property values, from national trends, to long-term construction plans in the area. A rental and property professional can help you understand your property’s potential for appreciation, and whether or not it might pay to hang onto it in the form of leasing it out.
How Much is the Work of Being a Landlord Worth?
Dealing with issues and emergencies, not to mention with uncooperative tenants, sometimes all at once, or in the middle of the night, can be trying. This is why it pays to hire a professional property management company to manage your rental property.
Paying the commission fee from your rental income is nothing compared to the peace of mind you will receive knowing that your property is being professionally managed, and you have nothing to worry about. You also won’t have to deal with tenants directly, and can leave it the capable hands of seasoned professionals.
What are the Tax Implications of a Rental Property?
As each situation is unique, you need to get the facts before you decide to add another rental to your income. Consider speaking to a tax professional, as they can help you figure out how much you can expect to pay in taxes on the rental income.
If you’re ready to put your property in Garsfontein up for rent, and would like the benefit of expert assistance from an established rental company, you’ve come to the right place. We’ve been helping landlords connect with
qualified tenants since the 1960s, and we continue to work hard to add value to both our tenant and landlord clients.
Since our inception, we’ve worked with countless property owners and put their properties on the rental market. We take care of every aspect of its management, from sourcing and vetting tenants, to rental collection and taking care of everything in between. We are proud of our long history of great service, and provide our expertise to the benefit of our valued clients.
Choose Huurkor for Expert Property Rentals in Garsfontein
Aside from Garsfontein, we also offer rental services and solutions throughout the rest of the Pretoria area. Our team brings with them decades of expertise, insight and experience. Tap into this unmatched experience and let us help you make a success out of your rental properties.
If you would like to learn more about us, and find out how we can help you take your property portfolio to the next level, speak to us today. We look forward to working with you, and to being instrumental in your success.