Renting a home, flat or apartment means having your own space where you can customise it to how you feel. No matter how small it is, having a place to call your own a great achievement for many, especially if you are used to sharing your space with others. When going out on your own […]
How Much of Your Salary Should Go Towards Rent?
Living expenses are constantly on the rise and in these tough economic times, having a budget is extremely important. Making sure that salary you earn can service all your basic needs and that you have some left over at the end of the month for your savings is important for every South African, young and old. Rent […]
The Impact of The Proposed Rental Housing Amendment Act
It is expected that South Africa will soon see important changes to its rental housing legislation. The Rental Housing Amendment Act 35 of 2014 (“the Amendment Act”) has been looming for some time. While no firm date has been set for it to come into operation, landlords and tenants will be required to comply with […]
How To Determine A Fair Rental Price or Increase
Let’s face it the rental market is not as simple as everyone makes it out to seem. Buy a place, rent it to tenants and have them pay off your bond or generate an extra income. But that 3 step process is anything but, with so many legalities and issues to consider, one of them […]
Steps To Take Before You Cannot Pay The Rent
Life is unpredictable and many of us never really think of financial difficulties and economic downturn being a possibility or how to prepare for it. So when the economy moves into a recession things can get tough pretty quickly and one needs to analyse expenditures to make sure all basic necessities are covered. One of […]