South Africa, August 2, 2012 ? Many people who own houses or office buildings would like to rent out these dwellings, but are unsure how to do so. While a good tenant who pays the rent on time and does not damage the property is an asset to a property owner, a dishonest tenant can literally destroy a property investment. A real estate property manager with a trusted company can take care of all types of rental details. Thus, all the property owner has to do is sit back and receive passive rental income.
David Griffith is a renowned real estate property manager with Dalvos Property Management Services in South Africa. He has eight years experience in multiple facets of the real estate industry. For more information on David Griffith, please visit www.david-griffith.info
Dalvos Property Management is a comprehensive real estate agency that not only deals with rentals, but also sales of houses and commercial properties. The firm opened 12 years ago. The trained and ethical personnel working with Dalvos Property Management have also helped create and manage Homeowner?s Associations for neighborhoods and condominium complexes. For more information on Dalvos Property Management, please visit www.dalvos.com
Becoming a landlord is like a full-time occupation. The average person who owns a house or office building has plenty of other commitments and interests, so sometimes he potentially misses out on a real source of income. Holding onto land and buildings in hopes they will increase in monetary value is a classic and often effective investment strategy. However, by renting out the home or commercial space the tenant pays for the building owner?s equity. While a real estate property manager charges a modest fee, the number of services he provides is well worth the investment.
A real estate business will screen tenant applications to ensure that the future renter has sufficient income, no criminal record, and an excellent credit history. The real estate property manager collects the rental deposits, the monthly rental checks, handles any complaints, and if necessary files papers to evict a tenant who refuses to pay rent. Once in a while, the property owner will need to pay the real estate property manager to hire a contractor to make a necessary repair in the building. However, the building owner usually does not have to be physically involved in the process unless he wishes to do so. The free time and peace of mind can enable a real estate investor to focus on getting new investments or creating other forms of passive income such as selling electronic courses regarding how to become a successful investor.
David Griffith serves not only as a real estate property manager for Dalvos Property Management, but also as an investment consultant. He is an active member of Lions Club International, the National Association of Management Agents, and the Institute of State Agents of South Africa. For more information on David Griffith, please visit www.david-griffith.info
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