iLookout Letting provides a full range of residential property management and tenant administration services.
1. PROPERTY MANAGEMENT
Services includes:
• tenant administration
• finding prospective tenants
• doing a thorough background check on all tenants
• rent collection
• regular inspections of the units
• comprehensive monthly reports and statements to the owner
• when maintenance needs occur for the unit, that action is taken
One of the biggest advantages of working with iLookout Letting is that you, the owner or the trustee on behalf of your trust, can consolidate your entire property portfolio under one service provider, namely iLookout Letting.
• You don’t have to deal with several different rental agencies who operate with different rules and standards
• Your rental, maintenance, levy and electricity payments are managed centrally therefore you receive payment in the same manner every month
• You will receive a single statement per landlord on the same day every monthly
These are just some of the reasons why people prefer to use iLookout Letting.
It is our vision at iLookout Letting that property management should be a long term management plan looking to fill all the gaps and expand all the possibilities to improve the operation of the specific investment property. In most cases this is not complicated. It simply means that management should ensure that the property keeps it value and also grows in value. This will ensure good capital growth. Some of the basic things that the management team should consider when implementing their strategy is to:
• Ensure a pleasant and safe environment
• Attract better tenants because of attractive and well maintained facilities
• Maintain and improve the value of the property
• Implement a good financial record keeping system
These are just some of the factors that will improve the value of your investment if executed correctly by the management team.
One of the most important factors contributing to the wonderful thing of investment property is a constant and reliable inflow of the rental amount payable by the tenant. If the tenant does not pay, you as the owner of the property will need to pay the rental on behalf of the tenant. When this happens, your shortfall for that unit increases dramatically in a single month. If this continues for a couple of months, it could seriously affect your investment career. Your future investment plans could change drastically. Ideally you would usually like to use the same shortfall amount paid towards that specific investment property, to be spent on an additional investment property the following year.
Most people would prefer to be property investors and not property managers.
2. iLookout Letting is represented in the following areas:
• Brakpan
• Boksburg
• Benoni
• Kemptonpark