Investing in property is a great way to supplement your revenues and build wealth over time. However, anyone who wishes to invest in property should do their homework beforehand and make sure they know what they're doing.
If you want to get rich as quickly as possible, then property investing is not for you. Investing in property can generate substantial financial rewards if certain strategies ... ››› more
Last week, figures showed that South Africa's rate of inflation is now at 6.6%. This is above the Reserve Bank's target range of between 3% and 6%.
But have you thought about what high inflation does to your savings? To ensure that your money has the same spending power, you need to earn 6.6% in the bank to breakeven. And chances are that's not the case.
So what's the best way to beat inflat... ››› more
South Africa's economy is struggling. Inflation continues to rise. Interest rates are starting to edge higher.
But if you invest your money wisely, you'll be in a perfect position to grow and preserve your wealth. You just need a bit of patience to let your money work for you.
Read on to uncover 17 ideas to help you grow and preserve your wealth…
How to grow your money and keep it
#1:... ››› more
My colleague, Francios Joubert often says that one of the greatest benefits of investing in property is that you get to use other people's money to do it.
Think about it. When you want to buy a million rand house, you can put down R100,000 and get the bank to put down the other R900,000. The benefit of this is, if the house goes up 10% in value and you sell it for R1.1 million, you can pay back... ››› 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
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
Retirement is something that you probably worry about. How are you going to retire comfortably? You don't want to be in a position where you're watching every cent, worrying about the next bill coming through the mail. But a comfortable retirement is something that you can achieve. It all comes down to your retirement planning. Here are four things to get you on the road to a comfortable retiremen... ››› more
When it comes to selling your property, there are a few things you can do to boost the resale value. Of course, you don't want to spend more on this than you'll gain when you sell. But by taking some simple steps, you can boost the resale value of your property and hopefully sell it quicker in the process. Read on to find out what you should do…
How to make your property more appealing to pot... ››› more
Buying a property at an auction can prove a great way to get your hands on a property that would sell for much more through an estate agent. But before you even think about bidding for a property, you need to make sure the property is up to scratch. You don't want to be forking out thousands of rands rectifying issues before you can get your investment working for you. Here's what you need to look... ››› more
Investing in property can be a wise investment decision. But before you decide on any property investment, you need to look at how you can maximise your profit and minimise your loss. This all comes down to money. So how much should of your cash should you put into your property investment? And how much should you borrow? Let's take a closer look at what you need to consider before you commit…
... ››› more
Most of you have read or at least heard of Stephen Covey's Seven Habits of Highly Effective People. The book is famed for drawing out the common traits believed responsible for different people's success.
We'll, during a recent South African Investor meeting, I got to hear the property insights and tips from a host of property moguls and experts.
And today, I've combined these views with my ... ››› more
There are two big secrets in making rental property work for you. One has to do with the classic “location, location, location” axiom. The other is about the condition of the property you buy. Here's what property expert, Mark Ford says you need to keep in mind when deciding on the right rental property to buy.
When buying rental property, it needs to tick these two criteria
1. Buy prop... ››› more
Let me ask you a quick question: Why are you investing in property? Do you want a quick capital gain? Or are you looking for easy income? Your answer will determine the exact type of finance you need to achieve your property investment goal. And once you know the answer, you'll be able to use this simple checklist to finance your property investment the right way…
How to finance your property... ››› more
When you decide buying a property is the next step in your plan, you'll be overwhelmed by the options available. From single-storey houses to lofty city apartments, buyers are spoilt for choice. So what do you do when you find two properties you can picture yourself buying, but can't decide which one to choose? Follow these three property investment tips of course…
Three property investment t... ››› more
When it comes to growing your wealth, you have a variety of options available to you. From share investing and trading to unit trusts, collectibles and even property, the skies the limit. And one thing's for sure, investing in property is definitely one of the more popular avenues to take. But it's not all sunshine and roses. So, before you decide to buy property for investment purposes, consider ... ››› more
When it comes to making the choice on which property you're going to buy for investment purposes, there are many factors you need to consider. And top of that list is LOCATION. While we all know this, many property investors don't pay enough attention to it. That's why today, we're focusing on the types of property locations you should ignore if you want your property investment to be a success…... ››› more