Did You Know: Billionaire property investors love snapping up cheap repo properties While you most likely are not planning to become a billionaire property investor, it is still interesting to note that those billionaires often look for cheap repossessed properties to invest in. Here are some more traits that most billionaire investors have in common [...]
Don’t we all share the dream / desire to be wealth, to live comfortably, or to be able to retire while still receiving an income that increases each year? Well, property is one investment that can offer you a clear path to these goals. Property investments provide you with a passive income. That’s money you’ll earn without having to work. Who doesn’t like the sound of that?
Most would agree the getting into the property market early is best, but this is not always true and owning a property can become a huge burden if you rush into the decision.
In fact, figures show that the average age of new homeowners is growing.
In recent years the average age of first time home buyers in the U.S has risen from 27 to 33, while in the UK the average age has risen from 27 to 34. The trend is similar in South Africa, where the average age of new home-buyers has risen from 28 to 35.
If you’re looking to sell you property in a hurry, at a profit and want to avoid having to pay any agent fees then you should consider putting your property on auction. That’s according to Jackie Cameron, founding editor at Realestateweb, who’s recent frustration with dealing with lazy estate agents was eclipsed by the pleasure [...]
Turning your property investment into a huge success does not require much risk taking, or even much capital. By following the basic principles of property investments you can easily avoid the common mistakes, and quickly build up your portfolio. Here are 3 ways to increase your property investment return 1# Renovate a rundown property 2# [...]
The RealEstateWeb ran a very interesting article recently about the three types of property investors; namely the Speculator, the Refinance Man, and the Traditional investor. Take a closer look at the advantages of these investment styles…
By far, the greatest attraction of repossessed properties is the potential of securing a valuable home at a relatively cheap price. Other advantages include not having to pay any transfer duties and the ability to secure a full 100% bond.
The past few weeks has produced some very interesting news regarding the South African property market. Here’s a short round up of what been happening. Interest Rates: Let’s start with the most recent interest rate announcement. The South African Reserve Bank (SARB) surprised everyone when it announced that rates will remain unchanged. Clearly the SARB [...]