Real Estate Investor August 2025 Edition August 2025 Edition | Page 94

PROPERTY MANAGEMENT
PROPERTY MANAGEMENT

Scenario 1: Tenant Defaults- No Xpello

Let’ s say you’ re earning R12,000 per month rental income, enough to cover your bond and basic costs. At month 6, your tenant defaults.
You send the standard 20 business day demand letter. Two months’ rent already gone. You try to resolve it yourself, but by month 3 or 4, you’ re still unpaid and now you need an attorney.

Scenario 1: Cost Breakdown

Item
Amount
Lost rent( 8 months)
R96,000
Legal eviction costs
R65,000
Total Loss
R161,000
And that’ s assuming an unopposed eviction.

Scenario 2: Tenant Defaults- With Xpello

For just R250 per month( R1,500 over 6 months), you’ re covered by Xpello, South Africa’ s leading eviction management solution. The moment your tenant misses a payment and you submit a letter of demand( cc: breach @ xpello. co. za), Xpello takes over, fast.

“ We aim to stop the spiral early. Our model focuses on resolution, not just eviction,” says Elize le Roux, CEO of Xpello.

• 98 % of tenant breaches are resolved without court action
• Zero legal fees, even if eviction is necessary
• Average eviction time: 4 months or less

Scenario 2: Typical loss with Xpello( No eviction needed)

Item
Amount
One month’ s lost rent
R12,00
Xpello Subscription
R1,500
Total Loss
R13,500

48 REI MAGAZINE AUGUST 2025