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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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 »