Learn how to Create Wealth through investing in property
Adhering to the prime principles of property purchasing, real estate investment can provide a cornerstone on which an investor can build their wealth.
One of the common financial fallacies that keep many South Africans from building real wealth is that property investment is an investment alternative exclusively reserved for the rich, the educated or the experienced.
As long as there are universities, there will be a need for student accommodation. Privately owned off-campus student housing is always in demand, so investors looking for a rental property with a constant influx of tenants will find them near institutions for higher learning.
The residential housing sector has been in surprisingly positive territory despite the current gloomy economic environment.
While there are pros and cons whether a rental agent is the best option for managing an investor’s buy-to-let property, or to handle the letting on their own, the benefits of using an experienced and trustworthy rental agent will far outweigh the self-managed alternative.
Sectional title flats and townhouses are the properties of choice for a large percentage of first-time home buyers in South Africa, but while they generally offer excellent value, there are some other factors that such buyers need to consider before they sign a sale agreement.