Yesterday, Kyalami race track went under the hammer. Porsche South Africa bought the former Formula One venue for R205 million, with the intention of keeping it as a race track. Let's take a closer look at the sale…
Seven bidders kicked off the auction
In South Africa’s first auction of a race track, “there were seven registered bidders for the property,” says MoneyWeb. Each of the bid... ››› more
South Africans have access to several types of housing subsidies.
Individual ownership subsidies can be used to acquire ownership of residential property for the first time.
In order to qualify for a housing subsidy, you need to meet the following criteria:
- be a South African citizen;
- be over 21;
- have a gross monthly income of less than R 3,500 per month;
- never hav... ››› more
Those interested in buying a house for the first time can try to obtain a government housing subsidy.
Individual housing subsidies are available to low-income applicants who wish to buy a residential property for the first time.
However, not everyone is eligible to apply for a government housing subsidy.
If you want to qualify for a housing subsidy, here are the criteria to be met:
1... ››› more
Yesterday, FNB's property economist John Loos said the South African property market looks set to slow in the bank's Property Barometer Residential Property Outlook. This is in spite of the bank believing the economy will start to pick up. Rising interest rates will still put a dampener on the property market. Let's take a closer look at what could be in store…
The residential property market... ››› more
The property market has been going sideways for the last two years.
It's been so boring to watch, you would have had more fun watching paint dry.
You see, the charts are telling me that the property index is ready to go up through the roof.
And the best news is, you can get in on the action and ride it up 24%.
Own 21 properties today with just one tiny purch... ››› more
There are 36 real estate investment trusts (REITs) listed on the Johannesburg Stock Exchange. If you want to invest in one of them, how can you whittle them down? What should you look out for with REITs? Let's take a closer look…
What you need to consider when investing in REITs
Just like any investment, the performance of your investment is going to depend on how the economy is performing. ... ››› more
Real estate investment trusts, or REITs, are property companies listed on the stock market. They operate in a slightly different way from other listed property companies. In exchange for not paying certain corporation tax, they pay out a chunk of their profits to shareholders. You buy and sell REITs just like you do any other share on the stock market. So why should you invest in REITs? Let's look... ››› more
Yesterday, property sector strategist at FNB, John Loos, said that house prices continue to rise. This is in spite of other economic factors showing the economy is under strain. Let's take a closer look at what FNB's report revealed…
The average house price rose 8.1% in May
FNB says the average price of a house in South Africa “rose 8.1% year-on-year,” last month, says the SABC. This is ... ››› more
If you're thinking about starting your very own property empire, where do you start? Do you know if you should buy at auction? What you should look for in an investment property? If you need someone to manage your properties? And what ultimately makes a successful property investor? Read on to find out the answers…
Are you a new property investor eager to get buying?
If you want to know m... ››› more
Is it possible for you to double, even triple your money in a few short years through investing in property?
The answer is YES!
And you only need two things!
Let me explain…
Two things that’ll help you double your money in a few short years
You need to find incredible value
Value investing for property is no different to value investing in shares. You need to find an asse... ››› more
Unless you have 100% of the cash in the bank to buy your home with, you'll use some gearing. This is the case for most people. So how can you exploit this gearing effect to make the most out of investing in property? It could give you with a great way to grow your money before you retire. Let's take a closer look…
Use gearing and leverage to take advantage of your property growing in value
O... ››› more
If you've tried getting a home loan from one of our big four banks in the past year you would've noticed it's not easy to do…
And if you're a property investor the banks are even more difficult to convince to lend you money.
In fact, for every ten home loan applications the banks receive they decline between four or five.
So what do you do if you want a better than 50% chance of getting ... ››› more
Investing in property can give you a great way to grow your money and provide an income. But with such a large sum at risk, you don't want to make a mistake. So what can you do to ensure you make a wise decision when you invest in property? Read on to find out what you should look for…
How to find the right property to invest in
Finding the right property to invest in isn’t an easy task. ... ››› more
Ask anyone what the biggest challenge to investing in property is and they'll tell you...
“I don't know where to start?”
After all, no one wants to risk their hard-earned cash on property without knowing what, where and why to buy. And they generally have no clue of what they're getting involved in.
Sure, you could spend hours glued to books and property magazines...
But the pro... ››› more
Buying properties to rent out is just the first step in investing in property. Once you own properties, you need to decide whether you're going to collect the rent and deal with your tenants, or get someone to do it on your behalf. There are pros and cons to both options. Let's take a closer look at what you need to consider…
How to manage your property investment
Investing in property can ... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
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.
Editors or contributors may have an interest in investments commented on in this website.