{"id":178899,"date":"2021-01-30T00:41:10","date_gmt":"2021-01-29T22:41:10","guid":{"rendered":"https:\/\/mypr.co.za\/?p=98435"},"modified":"2021-01-30T00:41:10","modified_gmt":"2021-01-29T22:41:10","slug":"protecting-property-investments-in-a-challenging-market","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/protecting-property-investments-in-a-challenging-market\/","title":{"rendered":"Protecting Property Investments in a Challenging Market"},"content":{"rendered":"<figure id=\"attachment_98436\" aria-describedby=\"caption-attachment-98436\" class=\"wp-caption alignleft\"><a href=\"https:\/\/mypr.co.za\/?attachment_id=98436\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-98436 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/01\/protecting-property-investments-in-a-challenging-market.jpg\" alt width=\"240\" height=\"300\"><\/a><figcaption id=\"caption-attachment-98436\" class=\"wp-caption-text\">Pearl Scheltema, CEO, Fitzanne Estates<\/figcaption><\/figure>\n<p>After a tumultuous 2020, the New Year shows no signs of slowing down. Pearl Scheltema, CEO of Fitzanne Estates, emphasises the need for good training and a solid understanding of the property industry throughout 2021.<\/p>\n<p>\u201cWe need to be realistic,\u201d Scheltema says. \u201cThe real estate landscape has changed dramatically. And now isn\u2019t the time to be reckless with an investment.\u201d Instead, it\u2019s an opportune time to arm yourself with as much knowledge as possible. \u201cEvery property role-player \u2013 whether involved in a sectional or full title scheme \u2013 needs to be informed about the legislation that applies to their property,\u201d Scheltema insists, explaining that having a well-informed view of your investment is key in weathering this economic storm.<\/p>\n<p>This means attending HOA meetings, staying abreast of updates and financial news, and equipping yourself with knowledge of the finer details of any agreements you\u2019ve signed. \u201cIt also means keeping your property in good shape, implementing the necessary maintenance, and ensuring the building remains a viable investment. This protects the owner, tenants, and all other role-players.\u201d<\/p>\n<p>Realistic solutions to the current market<br \/>With the advent of the initial lockdown, Fitzanne Estates implemented comprehensive action plans to assist landlords in collecting rent and finding ways to assist tenants who couldn\u2019t manage during periods of unemployment. These strategies showed positive results and it\u2019s been a driving force behind current plans to further support landlords in finding new tenants for new rental terms in 2021.<\/p>\n<p>\u201cA key factor for many prospective tenants \u2013 and a major hindrance in placing tenants in properties \u2013 is the initial lump sum needed to secure a home. This includes a deposit, first months\u2019 rent, and admin fees.\u201d Scheltema explains. As a solution, Fitzanne Estates has been working with landlords to offer good standing prospective tenants with payment plans, reducing that initial financial strain.<\/p>\n<p>\u201cWe are working with our clients to find realistic solutions to the current market. While it isn\u2019t an easy time to be a landlord, our team is excited to work with our clients to not only place tenants but equip property owners with the knowledge they need to keep their property in shape and in good investment order,\u201d Scheltema says.<\/p>\n<p>Education is key<br \/>While there\u2019s much uncertainty about what 2021 will hold, one thing that remains abundantly clear is that property professionals need to stay informed and at the forefront of the knowledge pool. \u201cComprehensive Scheme Executive training such as the courses offered by Fitzanne Estates cover all necessary information needed to protect a property\u2019s value and equips property owners to be effective trustees,\u201d Scheltema says. \u201cBite-sized tips and insights are also at hand in the form of the Fitzanne Estates Property Exchange Podcast, available on iono.fm and Spotify.\u201d<br \/>You can\u2019t afford to fall behind on property trends and legislative requirements, least of all if you\u2019re a Trustee or Scheme Executive, so make sure you equip yourself in every possible way.<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/protecting-property-investments-in-a-challenging-market\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pearl Scheltema, CEO, Fitzanne Estates After a tumultuous 2020, the New Year shows no signs of slowing down. Pearl Scheltema, CEO of Fitzanne Estates, emphasises the need for good training and a solid understanding of the property industry throughout 2021. \u201cWe need to be realistic,\u201d Scheltema says. \u201cThe real estate landscape has changed dramatically. And [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":178900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021,1],"tags":[3257],"class_list":{"0":"post-178899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"category-south-africa","9":"tag-mypr","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/01\/protecting-property-investments-in-a-challenging-market.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/178899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=178899"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/178899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/178900"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=178899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=178899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=178899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}