Letting Advice

Good day investor

 

Blue Label Real Estate Solutions here, with a quick update from the heart of Johannesburg.

 

I’m sure you already know that Braamfontein & the CBD are developing at an exponential rate. The goal now is to make sure that your asset grows at the same rate.

 

This brings me onto my next topic – Tips to make sure that your property investment increases in value.

 

Ø  Keep units maintained on a regular basis, don’t let damages accumulate over time. Try budget for the upkeep of your unit, this could save you a lot of money in the long run.

Ø  Make sure that your tenant’s needs are met & that good communication is established. Happy tenants are far more likely to renew their lease. Happy tenants can also be a good marketing tool, as word of mouth might get a new tenant.

Ø  Market your unit, so that it does not stand empty to long periods of time.

Ø  Collect rent on a monthly basis & don’t let tenants take you for a ride.

 

The Best way to effectively increase the value of your asset – proper management.

 

So here is a little bit about Blue Label Real Estate Solutions,

 

We are a property management company that offers a wide range of services.

Blue Label Real Estate Solutions is ideally situated in Braamfontein, so we get to keep a very close eye on the units & the market. We have agents assigned specifically to the Johannesburg CBD, which allows them to monitor potential tenants & be on call if & when needed.

 Our agents meet with current tenants, tenants that need relocating & new tenants on a daily basis.

Ø  We do a full ITC check on the tenants

Ø  Run our collections on debit order

Ø  We have the lease fully signed on your behalf, as well as e-mail you a copy of the lease

Ø  Once a tenant is placed, we visit the unit monthly to inspect

Ø  We handle the maintenance in the unit – After inspection, if there are items that need to be fixed, we will send a detailed quote to you & await approval. Once approved, we proceed with the repairs

Ø  Should you want us to pay your levies, we have the facility available

All of the above is included for a monthly fee,

Ø  Charges explained: When we find a tenant,

 

Ø  Once off 8% (of the full lease duration) finder’s fee: i.e. rent R1000 x 6months x 8%, fee R480 (Once off)

Ø  Should you want Blue Label to manage your unit on a monthly basis – 10% of every month’s rental: i.e. rent R1000, fee R100 (Per month)

 

In short – We make sure that your investment grows without any hassle to you.

 

I hope that it’s been a productive & prosperous year for you!