When Does An Offer To Purchase Lapse? Congratulations! You've found your dream home or property investment and put in an Offer to Purchase (OTP). But amidst the excitement, a crucial question lingers: when exactly does this offer lapse? Understanding the validity of your OTP is essential in the buying process. An OTP acts as a legally binding contract outlining the terms of agreement between you and...
Thinking about investing in commercial property? Many property investors who have invested in only residential property before are often shocked when they try to get into commercial property. For one, securing the capital to acquire your dream commercial property often requires financing from a bank's commercial property division. While the potential rewards are significant, the loan application...
Water quality and availability and is a growing concern for South African property owners, with rising costs, low water quality and many suburbs running dry. For investment property owners, reliable water access is not just a convenience, it's a factor that can significantly impact your bottom line and tenant satisfaction. One potential solution? Installing a borehole on your investment...
https://youtu.be/_6dMmfL1DVE?si=5pQ9LIWc4IFiGIAwListen to this interview:https://spotifyanchor-web.app.link/e/CsKGynfMkIb Jason De Jongh is a fully employed mechanical artisan, but originally started his working career as a laborer on construction sites.Fast forward a few years and he's now become an experienced fix-and-flip property investor.In this interview he shares his story and some tips about the...
Multi-let investments are properties where the owner rents out the property to multiple tenants, instead of a single tenant. Listen to the interview: https://open.spotify.com/show/3UjpPUtjYO69VPq8Iv8SYY Faith works a full time job as an Administrator and ventured into property investing using the Multi-let property strategy. In this interview she shares her story on how she took the...
Investing in property can be very lucrative, but navigating the market requires more than just an eye for potential. Finding the true value of a property is crucial for making informed investment decisions and securing your financial future. However, with so many factors at play and various valuation methods in the mix, the process can feel daunting, especially for new investors. Fear not though! This...
Sheriff Auctions in South Africa are an important part of the legal system and can be a great opportunity to acquire properties and other assets at a reduced cost. These auctions are typically held to recover outstanding debts, and assets that are seized are sold to the highest bidder. The process of Sheriff Auctions can be confusing and overwhelming for those who are not familiar with it, which is why it...
The multi-let property investment strategy is a popular investment approach that has gained significant momentum in South Africa over recent years. This investment strategy involves purchasing a single property, dividing it into multiple rental units, and then renting it out to different tenants. The primary goal of the multilet strategy is to generate a steady stream of rental income that can be used...
When it comes to investing in the property market in South Africa, there are a number of options available. One popular choice is to invest in property funds, which provide investors with exposure to a diversified portfolio of properties through a managed fund structure. In this article, we will focus on the top property fund companies in South Africa. These companies are leaders in the industry,...
Tax In Property: Property Traders vs. Investors in South Africa The South African property market is a dynamic and often lucrative landscape, but for the uninitiated, it can also be a confusing one. One of the most fundamental decisions an aspiring player needs to make is: are you a property trader vs property investor? This seemingly simple question has wide-ranging implications, shaping everything from...
