Property information
All the information you'll need about how the properties are managed
- Where do the properties come from?EasyProperties is a partnership between EasyEquities and Narrative, a leading South African property development group. Narrative possesses a wealth of experience in the…
- What costs are involved in renting out a property?Typically, an investor pays an agency to find tenants, perform credit checks on tenants, collect rent, make sure the property is maintained properly. General maintenance costs and other property related costs, eg rates and taxes will also be paid
- Who owns the properties?The properties are owned by the investors.
- Who pays for maintenance or if the tenant damages the property?Investors will never be asked to contribute additional capital to fund maintenance or repairs.
- Definitions of terms on the platformSome definitions for the common terms you'll find on the EasyProperties platform
- Are the properties commercial or residential?The initial properties on offer are all residential. We may well offer investment opportunities in different property classes going forward.
- What is the total running cost of each of the property companies?These will vary between properties based on circumstances as well as values. These costs are all detailed in each prospectus. Management accounts will also be provided on the platform.
- Why is 15% of the rental income held back?This pool of funds is held back for any unforeseen circumstances. The 15% still accrues to investors
- How will long term vacancies be managed and how will they affect our rental income?We have budgeted for a 5% vacancy rate. In other words, for the 5 year (60 month) investment period, we are assuming each unit will be vacant for 3 months. This has been taken…
- 164 Eccleston - Development Finance OpportunityThis investment gives you the chance to co-finance a luxury four-unit development in Bryanston East, one of Joburg’s most prestigious suburbs. But here’s the twist: You’re not…
- What is an SPV (Special Purpose Vehicle)?A Special Purpose Vehicle, or SPV, is a company that’s set up to own and manage a single asset - like a specific property. In real estate, SPVs help keep things simple and…
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