The interest accrued on the deposit held must be added to the deposit refund to the tenant at the end of the lease.
Some property investors often consider investing in property as part of a syndicate or group of people, but the problem with this sort of scheme is that you have to bring an equal amount of money to invest as the others in the syndicate do and there is a chance of arguments between shareholders.
Michael Bauer, general manager of sectional title management company IHFM, has drawn attention to a recent TPN (Tenant Profile Network) report where, according to Stats SA, it mentions that 75% of landlords are actually micro-landlords (own one to ten properties and rent them out). If you are this type of landlord it is important to be quite careful in selecting the type of unit you will invest in and what rental category it falls under.
Taking issue with residential property economists who have been advocating renting rather than buying, is Michael Bauer, general manager of IHFM, a property management company

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