Many people would love to get involved in property investments, but they have all kinds of excuses not to do so. I received this article today and it is so true. Read it and you will see there is no reason not to get involved in property investments if you do it the right way.

The 8 excuses most novice buy-to-let property investors use when they do not succeed in property investing. You will find that most excuses are more emotional than business related.

1. I have no time

The Excuse:

Part time buy-to-let property investing takes too much of my family time.

The Truth:

Time management is in your emotional control and has more to do with your priorities and relationships in life. Most people are spending too much time on low priority actions such as watching TV and too little time working on their business and relationships.

The Cure:

Cut down on watching TV and creatively use your time to build your professional buy-to-let property investment business power team. You are just as strong as your power team.

2. I have no money

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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 investment’s.

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 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 moment there are an over supply of rental properties in some areas. What this means to the potential real estate investor is that your rental income will be very low because the tenants can choose where they would like to stay. They can bargain for a price because most real estate investors would rather except a lower rent than let his property stand empty.

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Using Real Estate and Network Marketing to create wealth

Most of us are aware of the many advantages of building a passive income via Network Marketing. Robert Kiyosaki mentions the advantages of Network Marketing in his books “Rich Dad Poor Dad” and  ”Rich Dad’s guide to Investing“. He also suggests that people who are serious about achieving success join a Network Marketing business in order to learn some people skills and learn how to sell.

Although you can earn thousands of rand’s with Network Marketing, it is not this monthly passive income that will Read more »