I don't like having to look for new tenants, setting up rental contracts, or making sure payments have been made each month.
That's why I'm always on the lookout for opportunities to make my life easier.
And I've found just that.
Without dealing with an estate agent, or meeting up with a single person you can get:
Higher rental income than you currently get (7% on average)
Guaranteed ... ››› more
Buying a house, renovating and then selling it (called "buy to flip") can be one of the most rewarding investments for property investors…
You buy an old home for say R1 million, spend R250,000 on renovations and then sell it for R1.6 million or more.
Most investors believe the biggest secret behind a buy to flip is getting the best deal on materials for your renovation.
That's the b... ››› more
Over the past 10 years, the South African listed property sector has easily outperformed its peers.
Investors who've jumped on this rally early, would have made a fortune investing in JSE property companies.
But the smooth-sailing returns delivered by the commercial property market are coming to an end.
You see, listed property returns have halved for the last three years - 25.1% in 2... ››› more
“Francois, our neighbour wants to sell his house. We'd like to build a little property nest egg of our own. Should we buy his property?”
That's a question I received from a family member over the holidays.
I'm sure you've been faced with a similar situation.
Looking at a property that's for sale and wondering whether it would be a good idea to buy it and get started with your very own... ››› more
I bought my first rental property at the age of 22. Luckily it turned out a great investment.
But since then I've learnt a lot.
Truth be told, there's a heap of things I wish someone had told me about when I first got started in property back then.
The time, the money it could've saved me... I sure as heck would have gone a lot further a lot faster if I'd had a clue about some things.
... ››› more
Over the past six years I've worked with many estate agents looking to manage my rental properties. And whenever it took time to fill up an empty apartment they'd tell me “the market is slow this time of year”.
They weren't all lying to me. Considering the post-2008 property market it hasn't been smooth sailing for anyone.
South Africa's economy is struggling and people are finding it ha... ››› more
There's no denying it. Property is one of the best performing sectors of the JSE, year in, and year out.
In fact, a quick look at the SAPY property index shows that it returned 1,035% between the start of August 2004 and August 2016.
In comparison the JSE All-Share index returned 626% including dividends…
Clearly property is a top performing sector.
What's even better - with list... ››› more
I was recently at a property auction. The developer of a complex had been liquidated and was left with 7 apartments that needed to be sold on auction.
Before the auction these properties were advertised for around R560,000. And there was not much interest in them.
Considering they could fetch around R5,200 in rental per month I hoped to pick one or two up for a bargain at the auction… ... ››› more
Right now there's a shift happening in the South African property investment space that's perfect if you're a property investor that wants to get your money into the rental property game.
Demand for buying property is falling quickly and more people are looking to rent property right now. This is because the weakening rand, banks tightening their lending criteria and the general increase in co... ››› more
Last week a property investors told me that: “Property in SA is too big a risk. New laws coming out soon will limit property ownership to two properties and there will be no foreign ownership allowed.”
Is this true? Should you up and sell your property right now, or is there hope left for the South African property sector?
The truth about new property laws – it’s not as bad as yo... ››› more
I've often argued the fact that renting property is the quickest way to throw your money away. Why would you rent, when you could buy?
When you buy a property, you're making a solid investment in your financial future. Not only do you have a place to live, your property value increases too. Once your bond is paid off, you could decide you keep your property or sell it for a pretty decent retur... ››› more
Property buyers have more negotiating power - Now is the perfect time to invest in property
In the last few years, investors buying residential property for investment purposes were struggling to negotiate the price of the properties down.
That's because higher property prices were giving sellers all the negotiating power.
But there's a shift of power happening in the markets right now.... ››› more
“Investing in property doesn't make money any more. I should rather sell everything and put my money in the bank.”
That's the words of a friend of mine, Jaco, whilst we spoke about property investing the other day.
Jaco owns a number of properties but feels that he's not making enough money from them to keep on bothering investing in property.
The thing is, after investigating the ... ››› more
Whenever I look for a way to generate income, I ask myself three questions:
• How much is this going to cost me to start?
• How much effort will I have to put into this?
• How quickly can I make my money back?
These three questions are important. I know that most of us don't have money to waste investing in ideas that may, or may not work.
The good news is that I've done this... ››› more
Over the weekend I was speaking to a friend of mine. He just moved into a new area after switching jobs. While he's checking out the property in the area he's renting a property.
One of the issues he faced was a rental deposit - and this actually affected which property he chose to rent initially.
You see, because of tenants not paying rent, or damaging property many landlords have been fo... ››› more
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Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
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