Renting out a property can make good business sense and can generate considerable income – but only if handled correctly and professionally.
The South African rental market is going through an extremely tough time, with rental growth at historic lows as tenants experience severe financial pressure due to loss of income as a result of the Covid-19 pandemic.
“This situation makes it more difficult than ever to secure reliable, trustworthy, and financially responsible tenants,” says Private Property Brand & Marketing Executive, Tracey Lee Miller.