Residential Property Management

If you’re looking for apartment rentals, house rentals, freestanding homes or flats to rent, our team of professionals will make the process of finding, renting and moving into a new home as convenient and comfortable as possible.
For landlords and property investors, Pentz Properties specialist multi-channel marketing ensures that your residential property investments are quickly and effectively leased to the right tenant at a very competitive rental. We ensure that all the correct tenant screening and legal processes are followed, thereby safeguarding and maximising rental income and returns on rental properties. Our Home Letting service consists of the following important activities:

Advertising

Through effective marketing, in the right mediums, to the appropriate audiences, we ensure prompt leasing to well-matched tenants. Potential tenants are offered a wide choice of flats, apartments and houses to rent, while landlords benefit from high visibility and prompt occupation. Pentz Properties makes use of the following printed, outdoor and electronic media:
Easi-Ads
Cape Ads
Roadside boards
Pentz website (www.pentz.co.za)

www.property24.com
www.gumtree.co.za
www.cyberprop.com
www.propertytrader.co.za
www.cyberpropnigeria.com
www.cyberpropbotswana.com
www.g.co.za
www.real-estate-south-africa.com
www.cellproperty.com
www.sundaytimes.co.za  
www.myrondebosch.co.za  
www.mytableview.co.za
www.mymelville.co.za  
www.mynorthcliff.co.za
www.myparks.co.za  
www.funnel.co.za
www.brabys.com
www.iolproperty.co.za
www.dothomes.co.za  
www.easyinfo.co.za  
www.safindit.co.za  (http://property.safindit.co.za)
www.properazzi.com  (International)
www.viewr.com  (International)

Screening of tenants

Our seasoned letting agents ensure that all tenant applicants are rigorously screened with credit and reference checks prior to signing a lease agreement. To promote a positive outcome for all parties, we ensure that people of similar lifestyles are selected to match the existing tenant mix.

 Signing a lease

A legally binding lease agreement is drawn up to protect the landlord and tenant by defining clearly the approach for handling rental payments and collections, rental increases, deposits, maintenance issues and damages claims as noteworthy examples. Experienced Letting Agents ensure that all lease terms and details are well understood and handle the lease signing administration. Careful review and acceptance of rules applicable to Body Corporates and Home Owners Associations is a further very important focus area of the letting process.  A copy of the signed lease is issued to the tenant for easy reference.

Deposits

Deposits are necessary to protect the landlord’s investment and as security to cover any damages or default during the lease term. Deposits are invested in a savings account and accrue interest for the benefit of the tenant.

Inspections

Maintenance inspectors conduct pre- and post- occupation inspections of rented homes, itemise damages and provide quotes for the restoration of the property. The final account for restoring the unit to the standard defined by the pre-occupation inspection, allowing for standard wear and tear, is offset against the deposit balance before being refunded.

Repairs and maintenance

Our maintenance inspectors and administrators manage the maintenance needs of residential rental property by arranging any plumbing, electrical, painting or other repairs within the parameters of the mandate signed with the property owner. We have a specialised maintenance information system which tracks and project manages maintenance work orders and provides automated regular feedback to all parties to achieve prompt resolution.


Rent collection, owner reporting and financial management

Rent is collected at the beginning of the month in advance, in terms of the lease agreement. Nett rental income is electronically transferred to a landlord’s nominated bank account as soon as practically possible following the collection of rental.

Financial Reporting

Our property and rental management information systems support the email distribution of tenant rental statements, owner rent rolls and performance to budget reports. Paper-based hard copy reports remain available where required. In addition, real time financial reports are available online and enable direct and convenient access to all investment property management reports.