News, views and industry trends
Rental deposits demystified – what, when, how and why?
The deposit is one of the most crucial components of your lease agreement – it provides you with additional security if your tenant decides to put you in a difficult position through property damages, arrear rentals or early cancellation. Luckily, yo…
Clearing the Air! Who’s responsible for mould in a rental property?
One of the most disputed areas of property rentals is the question of who is responsible for mould within the property. Mould can show up in your rental property overnight and the parties to a lease agreement always dispute whose responsibility it is…
SA Unrest – How can the Property Industry respond?
The recent unrest in South Africa has taken a huge toll on many of us, with violence, damage to property, and rioting having had an effect on the country and its population both physically and mentally. The unrest came in quick succession after the u…
Become a data visionary: Four questions to ask your analytical team to future-proof your investment strategies
It’s unlikely that anybody could have predicted the real estate market shifts over the past 12 months. As in many other industries, it’s likely that the landscape is forever changed, and the real estate industry can expect to face some further curve …
POPIA in South Africa – How MRI is helping clients with compliance
After coming into effect in July 2020, South Africa’s Protection of Personal Information Act (POPIA) becomes enforceable on the 1st July 2021. Any business that processes or stores the personal information of clients, tenants, vendors, or suppliers n…
5 considerations when implementing a new software solution
Change is daunting. We’ve all been through it and navigating it alone can be scary. The process of implementing a new software solution within an organization is no exception. Software implementations carry several challenges and can prove to be leng…
The impact of Covid-19 on rental income in South Africa
On 15 March 2020, South Africa’s president Cyril Ramaphosa declared a national state of disaster due to the coronavirus pandemic that has spread throughout the world. 11 days later (on 26 March), the national lockdown took effect. This meant that all…
Rent Reductions, the effect of COVID-19 on South African Real Estate
The global impact of COVID-19 has been substantial. The real estate industry has especially been hard hit, with the long-term implications still to be felt. Many investors are starting to rethink the phrase, “as safe as houses” as we navigate these u…