Learn how to Create Wealth through investing in property
You have accumulated your property portfolio, and have discovered that property investing is as much about liquidity as it is about choosing properties, managing tenants and arranging finance.
The property market of Lephalale, once a sleepy coal-mining town in Limpopo, is booming because of state-owned power utility Eskom’s construction of Medupi, the R105 billion power station expected to be the fourth-largest in the world.
Due to various factors, Lephalale (Ellisras) has transformed from a quiet coal-mining town in Limpopo into one of the fastest-growing towns in South Africa.
Although it is quite frequently said that the major lending institutions are so averse to risk that it is difficult to get a home loan, the current situation has many advantages for those potential property investors whose credit records are unimpaired.
South Africa is in the throes of an energy crisis yet inefficiency and waste still occur across the board. There are things that you can do to alleviate strain on the grid and save money almost immediately.