Build a Property Empire

Build a Property Empire.

Investing in property is a low-risk way of creating wealth and all it takes is one investment to eventually build an empire.

The key here is to apply for a flexi-bond (also known as an access bond). Opting for this type of bond will enable you to use the bond as a savings facility that is accessible at any time, provided there is an excess.

Pieter Piek, Sales Manager for Just Property Invest, says the starting point to building your property empire is finding a tenant and making sure the rental income covers the bond repayment.

Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your private Property Angel is here to help you find your dream home.

Property Angels – Success Together

Working with the example of a R1 million bond taken out over a period of 20 years at average interest rates, you’d be looking at a bond repayment of around R9 800.

Some 10 years from the first purchase, the buyer could have four properties and just five years remaining of their bond repayments. Once the bond is paid off, the rental can go into an investment account,” says Piek.

It’s vital that you do your homework to make sure you’re investing in the right property and location to achieve your investment goals. It’s also advisable to work closely with a good rental agent and opt for newer developments over older ones.

If you are tempted to buy a low-priced unit that needs work, bear in mind that a great deal of ongoing maintenance will reduce the amount you can put into your bond.

It is entirely up to the buyer, of course, but personally I would look at fairly new builds, you might pay a little more but you can be sure you’re getting new geysers, that the plumbing and wiring have been done recently, Piek advises.

Author – Thandi Skade

Original Publisher – Destiny Connect

Did you know? Your Property Angel offers you an all inclusive service whereby you will receive legal advice, sales and purchase solutions as well as the entire transfer process.

Get your real estate selling or buying process going on the right track today. Your Property Angel will then call you back either the same day or the next business day.

Simply complete the basic online form so that your Property Angel can call you for a brief chat.

Your Property Angel will highlight all the benefits and then you will fully understand why Property Angels is the smartest way for you to sell or buy your next residential property.

Property Angels is an online property portal that promotes residential property for sale across South Africa. You can buy, sell, list and find South African properties online. Find houses for sale in Johannesburg, Cape Town and Durban which are the three biggest cities in South Africa.

At Property Angels we will help you sell or buy your next house or home so that you can move on quickly and affordably.

Traditional Estate Agents do offer good service but you want so much more when it comes to selling or buying your next home.

Some of the top property companies online in South Africa include Private Property, Property 24, My Property, Property Fox, PropertyCoZa, Remax, Pam Golding, LeadHome, SA Hometraders, Gumtree and Property Angels.

Whilst most online property brands offer online visibility for Estate Agents South Africa, Property Angels offers online visibility for Attorney Realtor Agents South Africa.

Whether you have a property for sale or you are seeking a house to buy in the southern suburbs, Northern Suburbs, Eastern suburbs or Western suburbs, choose Property Angels as your attorney realtor property website in South Africa. Sell your property online through Property Angels.

Your dedicated Attorney Realtor will call you back today or the next business day.

Whether South Africa is in a buyer’s market or in a seller’s market, contact Property Angels today for quick and efficient online and face to face service.

List your house for sale with Property Angels. You can also find property to view, property selling tips and many other useful property and finance blog articles and property products bespoke to your needs. Buy and sell your private residential property through Property Angels. Allow Property Angels to become your chosen property website portal for your choice of homes to sell and homes to buy.