To the editor

From the reader:

Dear Sir / Madam,

SECTIONAL TITLE MANAGING AGENCY

 For my personal experience, there is an outcry from investors in this market sector. Reason being that, 90% of people that I have consulted, seem not satisfy with the way the existing managing agency , especially in Gauteng Province do not have interest at heart that these investors are building a legacy for their generation to come, by letting the status of their investment (property) to diminish.

As an Estate Agent, I’m appealing to you to educate us as to how to tap into that market and work together with the local government in improving such investment. Investors pay exorbitant levies in places such as Hillbrow more that what people who stay in posh areas like Winchester Hills pay. Those levies are not utilized for the purpose intended.

 Regards, Eric Gumbi (Director) Definite Shelter Properties

 Tel.: +27 11 683 9300

Fax: 086 619 2270

Website: www.definiteshelter.co.za

From the editor: Thank you Eric, I must tell you that this has not been the first correspondence that we have received regarding this topic. If you have any advice or information that you can share with Eric you can forward it to news@cyberprop.com. The next article "What your Trustees should do for you" should be of interest to you