PROUDLY PARTNERED WITH SAPIN CONNECT
OFFERING DISCOUNTS TO ALL SAPIN MEMBERS
PROUDLY PARTNERED WITH SAPIN CONNECT
OFFERING BENEFITS TO ALL SAPIN MEMBERS
Learn about Preferental
The preferred way of renting. They take on the risk, so you don't have to
Preferental is a digital platform that assists property owners with managing their properties at a fraction of the price.
Learn about PREFERENTAL
The preferred way of renting.
They take on the risk, so you don't have to.
Preferental is a digital platform that assists property owners with managing their properties at a fraction of the price they would usually pay.
Manage Your Portfolio
Let them take care of the Details!
The renting game is changed forever.
This platform is eco-friendly and uses digital contracts to seal the deal. Digital contracts come with an electronic record that serves as an audit trail and proof of the transaction.
Comprehensive Tenant Vetting
Preferental provides landlords with comprehensive tenant vetting which includes tenant background checks, employment and salary confirmation, reference checks, risk rating, payment history and bank account confirmation.
Easy Property Management
Preferental provides landlords with all the tools and support they need to manage their own properties. From repairs to legal services, we’ve partnered with exceptional companies to make managing your property way easier
Guaranteed Rent Every Month
We know how important receiving rent on time is to property owners, at Preferental, it doesn’t matter whether renters default or pay late; we guarantee that we’ll pay your rent on time every month as stipulated by the contract.
COMMONLY ASKED QUESTIONS
Is Preferental nationwide?
Yes. It’s a digital service. Evictions are outsourced via Xpello countrywide to their panel of attorneys.
If rental is quarateed. Please explain how. Is it through rental insurance?
We reinsure the risk which is our Preferental Promise. Bryte insurance is the partner we’re using to underwrite our risk.
How does Preferental consolidate the repairs + rent collected + payment of the service in order to submit documents to SARS during tax return season?
Currently, we provide it through the services but we are adding that into the platform as well as being able to store all your expenses onto the platform as well which will pull through on your SARS expenses.
What services Preferental does not do?
We don’t show the property to tenants and don’t do physical inspections but we are looking to provide these services soon.
How does Preferental deal with multi-let houses, do you charge per tenant or how do you work around this?
It is charged per lease agreement per tenant. You as the landlord would be charged per individual for that space.
Is it still become a necessity to still make an allowance for voids if Preferental offers the rental insurance?
That would be a personal decision for you 🙂 If you have a sufficient pot for voids and you have income insurance – You can surely add to Cashflow. I would make a decision based how long I would be comfortable to be able to handle a void. How long is worst case cenario to fill the void, etc.
Does Preferental cover Airbnb?
We unfortunately don’t cover short term rentals where there are regular/daily/weekly changes in tenancy. We’ll not yet…
Does the Property Inspections App make an allowance for a landlord who would want to do regular inspections of the property during the lease period?
You can do as many inspections as you want or need. You can send a link to an “Inspector” to do the inspection on your behalf as well.
How long does the advert stay on the portal?
We advertise until a tenant has been placed.
How much is it & who pays the eviction cost?
2.75% plus R99 per month. Preferental covers the eviction costs as part of our Preferental Promise.