Long Term Management

Why should you make use of Cape Letting?

Because we offer stress free property management!

Detailed Rental Analysis

We do a Detailed Rental Analysis (DRA) which includes a property inspection to evaluate and highlight beneficial features and recommend an advertising strategy. We will look at the location, expected rental return, market trends and client affordability

Tenant Sourcing

We undertake web based marketing to source a suitable tenant.
We action detailed background checks, credit checks, proof of employment and salary verification, affordability checks and a personal interview.

Lease Management

We conclude a Lease Agreement drawn up by our Attorney that complies with the Rental Housing Act and The Consumer Protection Act.
Pay monthly municipal accounts and levies.

Collection of Rent

We generate a systems-driven rental invoice for first month’s rental and refundable damages deposit.
We generate monthly tenant invoices.
We secure rental and transfer directly to Owners bank account.

Trust Account Management

Transfer refundable damages deposit into our Trust Account to earn interest for the tenant. (Deposit is either 1.5 or 2 times monthly rental).
Full Fidelity Fund Certificate in place.

Repairs & Maintenance

Undertake and manage all maintenance and repairs.
Advise owner of doing timeous repairs in order to safeguard their investment.

Inspections

We action ingoing inspection and inventory.
We undertake bi-annual inspections and supply detailed report to Owner.
Full Outgoing inspections.

Owner Feedback

We generate monthly Owner statements.
Draw up tax reconciliations.
Give legal advice with the assistance of our legal partners.

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