Property investing is a long-term game with property rental management, a key part of this puzzle. For a South African investor, looking for good ROI, IGrow Rentals offers top-notch rental property management services. Our rental managers ensure your investment property is profitable, runs smoothly, and your tenants are treated well and communicated with regularly. A happy tenant is a staying tenant!
The perks of using a professional property rental management team
Managing your own rental property, rather than enlisting the services of a rental management team, can be very time-consuming and stressful. You will need to vet and check tenants, follow up on rent each month, and coordinate maintenance. The workload adds up, and that’s not all that is involved in managing rental property.
“A skilled property investor can build an empire without ever laying a single brick.” – Jacques Fouché, CEO and Founder of IGrow
This is reflected in IGrow’s core philosophy: our investors should focus their energy on strategic growth while our rental managers manage the day-to-day running matters. By partnering with IGrow and utilising our property rental management services, you will remain the boss with the vision, and you won’t have to pick up tools to fix tenant maintenance issues or field late night emergency calls, or worse – face legal compliance issues you didn’t even know existed!
Best of all, our investors often benefit from exclusive IGrow Discounts on rental management on many of our properties, making it even more affordable! Take a look at our current offers on our investment properties page.
What does IGrow Rentals offer?
1. Tenant sourcing and maintaining regular tenant communication
The IGrow Rentals team are experts at handling tenants and maintenance upkeep. At all times, our Rental Managers have open lines of communication with tenants. This ensures fewer vacancies and better tenant retention. Our team handles everything from credit vetting to drawing up Lease Agreements and getting them signed, to regular communication. The aim is to place and retain happy, content and reliable tenants, by keeping on top of their needs and requests, at all times.
2. Timely repair and maintenance management
Our vetted and expert maintenance contractors will attend to minor issues before they become larger problems. Be it a plumbing leak, geyser repairs, or keeping up-to-date with property upgrades, IGrow’s rental managers make sure your property is in excellent condition in order to retain its value.
3. Financial reports and rent collection
With the high-tech tenant management software IGrow has in place, rent collection systems are up-to-date and monitored with ease. They also offer interest-bearing PayProp accounts to hold tenants’ deposits (for legal compliance) and a small maintenance savings fee deducted from your rent to make sure you have a buffer for incidental repairs.
4. Legal compliance and handling tenant disputes
Our team stays up-to-date on investor and tenant legislation, ensuring our Lease agreements meet all legal requirements. If tenant disputes occur, IGrow’s Rental Managers will take care of communication, protecting you legally, and they’ll ensure you are well-regarded as the property owner/investor by your tenants. You ensure your tenants’ needs are always taken care of by enlisting the services of our property rental management team.
5. Tenant insurance
We can arrange tenant insurance to cover rental income, eviction costs, and legal fees if ever a dispute arises or you have a tenant who does not pay.
Why expert property rental management services are worthwhile
“Hiring a property manager saves homeowners a lot of stress and time. As an owner, you would not have to deal with:
- Late-night emergencies
- Chasing down rent
- Contacting contractors
- Tenant queries or complaints
Property managers give you more freedom of movement, allowing you to go on with everyday life without having to worry about your tenants and your property. You also get more time to focus on other things than worrying about the micromanagement of your property.” (Source)
It can be seen that the headaches of tenant management can potentially be recurring and time-consuming. Having a team such as IGrow Rentals to handle tenant issues is a wise move to make as an investor. It minimises the likelihood of problems and ensures the chance of resolution if they do arise.
Property rental management services vs. managing your own rental property
It may seem to you as an investor that managing your own property/ies will save you on property management fees. The drawback is that DIY-property management is time-consuming and can affect you negatively, emotionally.
If you are the port of call for late-night noise disturbance complaints or a tenant reporting a burst geyser on a Saturday night, tenant management becomes a real headache!
If you want to lower your stress levels and leave the daily running of your property to an expert team that has been in action for almost two decades, then leave your property management to us at IGrow Rentals.
Conclusion
Property investment requires investors to “wear many hats” in managing their property portfolios. Allow our expert team to handle the running of your property portfolio on your behalf. This is so your tenants feel taken care of. They will feel that you, as the property owner, care about their needs.
With our help, your tenants will always be assisted promptly with open communication lines in place. We also keep you up-to-date on tenant matters at all times.
Property rental management is a no-brainer for the modern investor! IGrow’s full-house services, expert tenant management, excellent maintenance management, and our ability to be transparent and help you remain legally compliant, give you as an investor the edge needed to be successful!
You can handle the decisions and investment moves. Whilst we ensure the cogs keep turning on your property investment income-generating machine!
Speak to an IGrow Rental Manager today, and let’s get our team on board to help your properties run smoothly at all times!
