IGrow Wealth helps streamline retiree property investment portfolios. This arm of IGrow specialises in financial planning, tax optimisation, and portfolio management.

What are the key service offerings of IGrow Wealth Investments?

• Financial planning: The team creates tailor-made strategies to boost rental income and leverage tax benefits. They also offer advice on financing options to grow a property portfolio.
• Portfolio management: The IGrow team offers continuous property management assistance to enable optimal rental returns. Regular updates are provided to property owners and advice given helps retirees meet their financial goals.
• Education and Training: The valuable IGrow workshops and webinars give retirees access to the information they need to perform well in the property market. Topics include risk management, market trends, and wealth-creation strategies.
• Passive income strategy advice: At IGrow Wealth, the team helps manage passive income streams and advises retirees on reinvesting profits into new property purchase opportunities.

Why is property investment a better route than traditional retirement policies?

Traditional retirement policies, like pension funds, don’t offer financial safety blankets for retirees.

In comparison, investing in property offers retired people a stable income that is unaffected by inflation and allows retirees to leave a legacy for their grandchildren by leaving their properties to them as inheritance. IGrow can assist with setting up Trust structures that protect your property for future generations in your family and help to minimise taxes. Properties inherited by grandchildren continue to reap the rewards of active wealth streams. With IGrow Wealth Investments on your team, retirees can hand down properties to their grandchildren, so they too can benefit from rental income.

The IGrow Team assists retirees with property location best buys

Our team helps retirees make insightful decisions regarding property location by closely analysing tenant preferences. By assessing what tenants value in a home, IGrow helps retirees invest in properties that are continuously in demand. 

The Western Cape is in high demand for rentals

The Western Cape is highly sought-after by tenants as it has excellent service delivery, an attractive coastal lifestyle, and a strong economy. People flock to Cape Town and surrounding areas in search of better job opportunities. This trend is known as semigration, which you can explore in detail in another one of our blog posts: South African Property Market Trends Affecting Retirees Choosing Property Investments Over Traditional Retirement Policies. 

Other rental locations with high demand

Tenants also look for rentals in economic powerhouses with plenty of job opportunities, such as Johannesburg and Pretoria, and other cities with Universities for further study opportunities. Families scope out rental homes in cities with access to good schools and fun playground areas, as well as a vibrant cultural landscape.

What do tenants look for in rental properties?

Closeness to the coast
The coast offers beautiful scenery and nature-friendly outdoor activities. Properties that are found close to schools, shopping malls, and recreational areas are draw-cards for young families.

Modern and affordable homes are critical
Tenants enjoy modern interior design, energy-efficient and sustainable homes. They also want low-maintenance properties. Homes that are budget-friendly and found in areas with good infrastructure, offering well-maintained roads and superior service delivery, are in line with their needs.

Job opportunities
Properties near job-opportunity-rich areas are major perks for professionals. The Western Cape and Gauteng in particular have diverse economies and a variety of job opportunities. Tenants are drawn there as a result.

IGrow Wealth property agents source desirable rental property investments for retirees

Our team:

• Sources properties in popular locations, like coastal regions and urban hubs with excellent infrastructure and better job opportunities.
• Aims to find homes in areas that are family-friendly as there is a rental demand for young families in both Gauteng and the Western Cape.
• Source properties for another market suited to the working professionals that want to be near city centres
• Cater to students looking for rental properties near university campuses like UCT and Stellenbosch University (Western Cape), WITS and UJ  (Johannesburg) and Tukkies (Pretoria), as an example.

Retirees meeting tenant requirements secure the best property investments

In aligning property purchases with tenant requirements, retirees partnering with IGrow Wealth Investments tap into high-yielding rental properties. Homes found in locations such as the Western Cape, Johannesburg and Pretoria have seen excellent rental incomes.

Retirees have in essence met the demands of tenant requirements and have invested in homes that will always be in demand because they tick the boxes of their tenant market. 

With our team’s expertise, retiree investors’ financial gains have accumulated, and long-term growth for them is attainable. Our team’s insights into tenant needs and sourcing properties that are winners for both the tenant and the investor are the perfect formulas for successful property investment! Make your property acquisition journey smooth by strategically aligning with the IGrow team.