rent

Writing a rent increase letter

Writing a rent increase letter

From time-to-time, every landlord finds themselves in a position where they have to increase rent. However, you must decide if increasing rent will have any bearing on your tenants renewing their lease. If you decide to proceed with a rent increase then you need to provide the tenant with notification to that effect. Usually, this is in the form of a friendly letter specifying the increment amount and when...

5 ways to increase your rental yield

A huge consideration for any property investor is wealth creating. As such increasing your rental yield constitutes a critical portion of wealth creation. Everything from; property maintenance, rental analysis, and tenant selection, encourage rental yield. Also, when you offer a point of difference in your rental property you will attract more tenants. So regardless of whether you target a niche market or...

Top tips for letting a property

Ever since the inception of the buy-to-let concept, many people worldwide have been investing in property to rent out. As a result, a significant number of people have gone on to acquire multiple properties and built robust property portfolios. However some find themselves becoming landlords due to unforseen circumstances. Such as in the case of property acquired through inheritance. Whatever the the...

Things to check before renting a property

The prospect of finding and moving into a new flat is always exhilarating to both new and seasoned tenants. But never jump head first into a new lease without first carrying out an in-depth inspection of the property. Failure to do so can leave you with an unnecessary amount of things to deal with. You should always insist on viewing a property before signing on the dotted line. In addition to being able...

Rent cheap now, so you can save up to buy later

Are you thinking about buying a house but can't quite figure out how to save enough for it. Our blog article will give you an insight into how to rent cheap now, so you can save up to buy later. Here’s how choosing to rent a cheaper property for a while, will help you buy your own home much faster. Buying your very first home is a big leap of life. It's not a thing to be taken lightly, especially...

management for you

Is self management for you?

Is self management for you? Do you own a property or have you recently acquired a rental property? Inevitably the thought of whether to employ a property manager, or manage the property yourself might have crossed your mind. This guide will aid you realise some of the tasks, requirements and obligations (legal and otherwise) involved in property management. Ultimately it will help you answer the question,...

Withholding

Withholding Tax

Withholding Tax Withholding tax (WHT) is in other terms known as retention tax. Retention tax is an income tax that is to be paid to the government through a tax collection agency, in this instance the Zambia Revenue Authority (ZRA). According to ZRA, Withholding Tax is not a tax but a means of collecting that tax and is applicable to rentals. This tax is paid by the payer (the tenant) of the income...

How To Be A Dream Tenant

How To Be A Dream Tenant A property is an asset that a landlord  will have an emotional attachment with. Understandably it can be quite difficult for a landlord to find a good tenant to trust with their asset. You would be amazed at the lengths landlords would go to find qualified tenants for their rental properties. This guide will assist you know more about 'How To Be A Dream Tenant' and thereby become...

Investment

TIPS FOR SUCCESSFUL REAL ESTATE INVESTMENT

SUCCESSFUL REAL ESTATE INVESTMENT Its never too late to start venturing into the real estate business. Whether you had wasted all your previous funds or any little cash that came your way on non-profiting items. The fact that you are still alive gives you another reason to go out there and secure some inheritance for your children. With the global boom in the real estate markets and property...

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