SA Property Investments blog was created to give property investors easy access to buy property below market value. As a property investor myself it makes sense to buy property low and sell high. Many property investors will tell you that you make money with investing in property when you buy the property. In other words buying at the right price is very important. It is one element you can control. Future growth expectations, rental income and maintenance you cannot.
I want to give fellow property investors and readers of this blog the opportunity to invest in property at a discount to market value. The market value will be the current market price of the property. Not the value 12 months ago, because property is not selling at those prices anymore.
So in this blog we will be specializing in properties that we can buy at a discount to market values. We are not going to specialise in new builds, town houses or anything else. We will look at all types of buildings, but discounted.
I have property owners contacting me everyday to buy their houses. Most of the properties I am not interested in, because I don’t see the value or the owners have 100% mortgages with negative equity (the mortgage is larger than the value or the house). I will only buy from motivated sellers that are willing to work with me to help them. Losing your house to a bank can be very dramatic. If the bank repossesses the house, the owner will probably never get a home loan again. When they sell to me, they have the opportunity to start over and rebuild their lives and try not to make the same mistake as before.
The properties are from all over South Africa. Some investors will only want to buy property in the areas they stay. Other will buy anywhere. I look at the figures when I decide to buy a property. Some of the property I have bought, I have not seen, but they are making me money. Investing in property should not be an emotional decision. You should be able to look at the sums, decide what you are going to do with it and make your decision. You can decide to buy and hold, buy and flip (sell), buy and fix, buy to let, etc, etc. Each property will be different. The choice is yours.
Properties for sale will be posted on a regular basis on this blog. Not all the transactions will be the same. I cannot commit myself to say every property posted here will be 15-30% below market value or that I will be posting a property everyday. Not all of the properties you will buy from me. Not all the properties will be to your taste. Not all the properties will fit your criteria. I believe everyone will get an opportunity to benefit financially from this blog. It is up to you to decide how you want to benefit from the opportunities and if you are going to make use of these opportunities.
What I normally do is buy the property and flip them immediately or as soon as possible. That is if I don’t keep it for my own portfolio. Most of the properties I will post to the blog for sale, but sometimes I will forward you the complete deal so that you buy directly from the distress owner and we save on transfer duty. Sometimes I will do a deal with you and we will split the profit 50/50.
I am very flexible regarding the structure of the deal as long as we all benefit from the deal, because I believe getting 5% of a deal is better than getting nothing at all. I am always going to need investors to help me. I cannot buy all of the properties myself, thanks to limited resources, NCA and cash flow.
Some investors will buy a property from me, others will invest cash at 5-7% per month and with others we will do a 50/50 deal together. There will be many opportunities to make money from this blog and the property market.
This is a new blog with new opportunities for you and me. I trust that we all will be successful in our property investments and grow wealthy together.
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