There are many property investment “Gurus” out there and it seems as if the number of Guru’s are just growing by the month.

I have burned my fingers in the past by using the advice of some of the Gurus and I would like to share some of the mistakes I made in the hope that I can prevent you from making the same mistakes.

I see there is a case at the moment where a guy is accusing one of the gurus that the guru’s advice caused his trust’s bankruptcy. I think this is really low class from the guy to put the blame for his failure on somebody else. I think he is just looking for a way to cash in.

Although there are many gurus selling their many different concepts or ideas it is still up to the individual to decide which of the advice he will follow and not just blindly follow the guru like a heard of sheep.

In my opinion there are no right or wrong guru and there are no right or wrong way of investing in property. We are all different and our circumstances and budgets are different. Not ONE investment strategy can be a “business in a box” solution for all of us. You should listen and learn from each property guru and ONLY apply what fits your profile. In the end it is your money and you future and you must take repsonsibility for it.

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I have seen many people getting burned during the past couple of years because if the wrong advice on real estate investments.

I think this is because of all the hype about real estate investments in South Africa at the moment. There are some people marketing real estate investment courses that let it sound as if anybody can invest in real estate and make millions.

The true fact is that a lot of things have changed over the past 2 years. South Africa experienced a property boom. At the start of this boom we made good money. We could sign an offer on a new development and easily make R100,000 or more by the time it building has been completed. But all these new properties created another problem; At the Read more »