Landlords

Houses4Rent is a property rental management company founded by a global portfolio property investor. We deeply understand the needs and requirements of property investors from our own experience (in excess of 20 years).

As investors, Houses4Rent understands the shortcomings of the existing rental management products in the market. We aim to deliver a value-added rental product to the investor market.

With rigorous rental management processes, due to years of hands-on property rental experience, attention to detail, and superior customer service our product is set apart and unique in the market.

We offer the traditional Property Management services including:

Advertising of your property
Sourcing of a suitable tenant – including checks with COMPUSCAN, BANKS and HOME AFFAIRS.
Maintenance Management

In addition, we have enhanced these services significantly by minimizing the investor’s risk and providing a complete end to end Property Management solution including the following:

Tenant default risk management

4 months rental cover to bridge the potential loss of income
Lengthy and costly legal processes to evict are free of charge to the Landlord and without any limits

Vacancy risk management

A minimum of 2 months of marketing before the current lease expires reduces the risk of vacancy
Our marketing methods have been proven highly effective
An extensive database of potential tenants can significantly shorten the placement period

Credit Risk – statistically up to 19.22% of all tenants nationwide are defaulters (Q1 2022)

Debit order collection system – you receive your rent on time which secures your cash flow
Credit checks and other profiling checks with COMPUSCAN, BANKS, HOME AFFAIRS, and employer etc.
The Landlord receives the monthly net rental on the 1st business day of the month irrespective of when or whether the tenant pays the rent.

Property Expense management

Rates and Taxes / Levies
Maintenance / Repairs
Council services like Electricity, Water, Sewerage, and Refuse (unless paid by tenant)

Web-based Property Management systems (still under development):

Property Portfolio documents
Property Status reporting
24/7 online access

Turnaround service – end of lease maintenance e.g. if required, repairs, painting and cleaning of carpets will be arranged at the appropriate party’s expense

Monthly Statements – accurate comprehensive statements will be emailed for your convenience in pdf format.

Maintenance – the status of maintenance is well communicated so you are kept aware about the progress.

No inherent conflict of interest between selling of a property and letting your investment. We do not sell properties and are specialized on letting only which keeps us focused.

All the above services come at a monthly cost of 13.0% commission of the rental. Currently there is no VAT, but this might change soon. Compared to a traditional 10% plus VAT commission you are reducing your own risk significantly and getting a peace of mind solution for only 1.5% extra (3.45% once VAT is chargable).

Marc Lunau from HOUSES4RENT has been the rental agent for my property in Observatory, Cape Town since February 2007. He has been unusually diligent in ensuring that my property is well-cared for and in obtaining the best possible secure rentals. He has always consulted with me 2 months before the end of the lease to find out whether I wish to renew the lease and to advise on increasing the rental and improvements to the property if the tenants decline renewal. He is very particular about ensuring that new tenants can afford the rental and in fact guarantees the rent to me.

- Colleen Flanagan