COMPANY PROFILE rental defaults for up to four months . This is our most loved feature on our platform and gives landlords the necessary confidence that their most valued asset is well looked after .
Guaranteed Rentals : We provide our landlords with cash flow support through our guaranteed rental payments . Landlords receive their rental on either the 1st or the 5th , depending on their selected product . This ensures our landlords have peace of mind when managing their properties through Preferental .
Property Listing & Advertising : We advertise properties on all major listing websites , giving a landlord ’ s property exposure to millions of tenants . We connect landlords and tenants to schedule a viewing , while our WhatsApp integration makes communication simpler .
Comprehensive Tenant Vetting : Applicants just need to fill out an online application form , and we ’ ll take it up from there . Our credit bureau and bank integrations allow us to effectively screen tenants and identify any potential risks for landlords .
Lease Agreements : Our digital lease agreements make signing a contract super easy and allow you to place tenants faster . Our leases are drafted by some of SA ’ s best property lawyers to ensure your lease agreements are CPA and PIE compliant and protect you as a lease agreement should .
Property Inspections : Our mobile app makes inspections simple and easy , and all inspections are immediately saved to your dashboard for future reference .
Invoices : We send out monthly invoices , collect the rent and remind your tenant to pay the rent on time . Tenants also get monthly statements sent out by our friendly team .
Deposit Management : All tenant deposits are kept in an interestbearing account via our FNB Trust account .
Maintenance : We ’ ve partnered with professional companies to ensure our landlords have access to trusted service providers to assist them with maintenance issues in and around the house . Our integration makes it easy to book a maintenance callout . All Preferental clients get an obligation free quotation , and only on acceptance will the service providers start any work .
Letters of Demand : We deal with letter of demand issues on your behalf , so if tenants pay late , they ’ ll automatically receive a letter of demand to pay their outstanding rent . We also manage this process on behalf of our landlords , removing their stress and frustration with defaulting tenants .
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SA Real Estate Investor Magazine APRIL 2022 15