Park Court, Joubert Park, Joburg

Price: R165 000.00

Rental Income: R2052.00pm with current tenant (potential R2400pm) month to month contract

Levy: R736pm
Size: 77 sq meters
Description: Large One bedroom flat, Kitchen, bathroom
Address: Unit 33, Park Court, 50 Twist Street, Joubert Park, Johannesburg.

Cash Flow Positive Property Investment.

Body Corp with healthy financial state. Flat can be financed. Central location. Near new bus stop.

Don't wast time on this one. First come first served.

Contact me for more info.

Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

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Investment Property for Sale - Cash Flow Positive!

Mont Blanc

Price: R352 000.00

Rental Income: R4500.00pm (with current tenant so no maintenance just continue as is)

Levy: R750pm
Size: 84 sq meter
Description: Subdivided 4 bedroom flat, 1 bathroom, Kitchen, garage
Address: Visagie Street, Berea, Pretoria

Great Yielding investment property that pays for itself. Cash Flow Positive Property Investment. The 'ideal property investment' if you ask Dr Hannes Dreyer, local property guru.

Great location in center of Pretoria CBD and transport. Popular location with walking distance to all businesses in Pretoria.

Very good rental income, cash flow positive! Not many of these around.

Contact me for more info, this one will not stay for long:

Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map footnote 'Visagie Street, Pretoria' to navigate and zoom in or out. Balloon shows the location of Mont Blanc.



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Investment Property for Sale - High Rental Income Flat

Terral Court

Price: R400 000.00

Rental Income: R4200.00pm (with current tenant so no maintenance just continue as is)

Levy: R812pm
Size: 72 sq meter
Description: 2.5 Bed, 1 bathroom, Living area, Kitchen, car port
Address: c/o Reitz & Relly Street, Sunnyside Pretoria

I have sold a similar flat in the same block in January 2009 for R395k! This price is still well below peak of R440k in 2007. Great Yielding investment property.

This is a solid block with positive finances. Great location in quite area of Sunnyside, close to Jacaranda Hospital and transport.

Very good rental income and can be increased in 2010.

Contact me for more info, this one will not stay for long:

Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to zoom in or out. Balloon shows the location of Terral Court



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Instalment Sale with development Potential!

Price: R570 000.00
Valuation between R780k and R1 mil.
Discount: min. 27%
Deposit: R70 000.00 included in price
Instalment: R4900pm
Rental Income: R3500pm
Council Tax: R425.00pm
Desc: 2 bed, 1 bath, lapa, swimming pool
Size: 108 sqm
Large Stand: 7700 sqm
Address: Tugela Street, Riversdale, Meyerton, 1963


Very large stand with development potential. Developers are subdividing stands to 500sqm in area. House is very neat and tidy and can be let for R3000-R3500 per month.

Shortfall only R1825.00pm. No bond required. Owner finance for maximum 5 years. Can be sold before 5 years or find own finance within 5 years time.

Click here for map.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Sunnyside, Pretoria - Flat - Terral Court

Price: R395 000.00
Rental Income: R4200 pm
Levy: R812.00 pm
Desc: 2.5bed, 1 bath
Size: 72 sqm
Address: Terral Court, 398 Reitz St, Sunnyside, Pretoria

Very good location in Sunnyside. Save and quite. High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Arcadia, Pretoria - Flat - Keurboom

Price: R390 000.00
Rental Income: R4300 pm
Levy: R551.00 pm
Desc: 1.5bed, 1 bath
Size: 77 sqm
Address: Keurboom, 714 Schoeman St, Sunnyside, Pretoria

Close to University of Pretoria. High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Sunnyside, Pretoria - Flat - Jubilee Park Mansions

Price: R265 000.00
Rental Income: R2400 pm or R3000.00 if you partition living area
Levy: R550.00 pm
Desc: Bachelors with enclosed stoep that can be used as room, 1 bath
Size: 50 sqm
Address: Jubilee Park Mansions, c/o Mears St and Kotze St, Sunnyside, Pretoria

Block recently renovated outside. High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Sunnyside, Pretoria - Flat - Heynen Place

Price: R355 000.00
Rental Income: R3600 pm
Levy: R700.00 pm
Desc: 1.5bed, 1 bath
Size: 69 sqm
Address: Heynen Place, Relly St, Sunnyside, Pretoria

High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Property Investors are Awakening

In the last 2 weeks my queries from investors have doubled! Is it because interest rates are going to plummet or has everyone decided to buy property now?

I have been very busy the last 10 days, although you have not seen any new investment property listings.

In the last 10 days I have turned most of my focus to good old rental property investments, namely flats. The reason is 2 fold.

Most property investors invest in high yielding rental properties with low maintenance, easy management and good cash flow. I received many requests for flats and have decided to deliver what you asked for.

Secondly I have noticed a marked increase in motivated sellers in the housing market below R500 000.00. It is interesting to see the market go through its cycles. The property owners that were in distress first where the houses above R1.5m. Then it moved to above R1m, then above R500k, now below R500k. All this happened within the last 8 months. Very fast.

So make ready to see more flats with very good rental income in the next couple of days. These flats are very popular and you will have to let me know immediately if you are buying.

Happy property hunting!

Please contact me on 072 838 6854 or colin@prevent-repossession.co.za if you have any questions.

2 Bed Flat in Woodstock, Cape Town - 18% discount!

Price: R450 000.00
Current Market Value: R550 000.00 (2 similar flats were sold for R630k in June 08!)
18% discount or R100 000.00
2 Bed, Bath/shower, kithen, lounge
Size: 63 sq meters
Current Rental: R4000 pm (R4400 pm next year)
Levy: R605 pm
Address: Listowell Rd, Woodstock, Cape Town
Close to Cape Town CBD. Very Good rental area.
Photo's available

E-mail me on colin@prevent-repossession.co.za to make an offer.

Click on map to navigate. Zoom in to see Listowell Rd.

Plot 181, Doornrandje, Centurion/Pretoria - 22% discount

Plot 181, Doornrandje, Centurion/Pretoria - R1 669 500.00
Current Market Value R2 150 000.00 (Valued at R2.4m last year)
Discount to Market Value - 22%
R480 500.00 discount!
Recently Completed New Building
5 Bed, 4 Bath, 3 Garage, 1.8 ha stand
460 sq meter house
18000 sq meter stand

Email me to make an offer: colin@prevent-repossession.co.za

Click on map to navigate.

What is Cash Flow Positive Property?

Cash Flow Positive property is very high on any property investor's wish list. The reason is that the investor can buy the property and does not have to pump additional funds into the property every month after date of purchase (That excludes the cost of major maintenance). The return on investment is normally higher than cash flow negative properties.

So when is a property cash flow positive? A property is cash flow positive when you have rental income left every month after paying all your expenses. Monthly expenses will be items like the mortgage (must be 100% mortgage), levy and services charge and estate agent commission. Those are normally the common monthly expenses.

Rental Income R3000.00
Minus Estate Agent R342.00 (Normally 10% +VAT)
Minus Levy R500.00
Minus Mortgage R2000.00
Surplus every month R158.00
A surplus every month will classify this property as cash flow positive.

At the moment it is very difficult to find cash flow positive property. The reason is that property prices have increased over the last 8 years and rental income did not keep up or did not increase at the same pass. The resent interest rate escalations have not help either. The increase in rates caused repayments to increase every month and had a negative effect on cash flow.

Property prices have stabilised over the last 12 months, but rental income is still playing catch up. There are reports that rental income is increasing again. The hope is that we will have a dramatic interest rate reduction in the next 12 months. This will help to get many property cash flow positive again.

There are other ways to get your property cash flow positive. One of them is to manage your property without a rental agent. You will make large savings and your return on investment will increase. This might bring your property into cash flow positive status. Personally I don't believe in managing your own properties. The most important reason is that you need the time to do it and it will need active management. You will have tenants calling you at 7am or 9pm to tell you of a blocked drain. Or at the end of the month you will hear that someone was sick and now they are short on rent. And the list goes on. You get the point. I have better things to do.

Another way to make your property cash flow positive is to pay a deposit on your mortgage. This will bring down your outstanding balance and reduce your monthly bond payment. I will never do this. The reason is that if you pay a deposit of say R20 000.00 into your mortgage just to make your bond payment R200.00 less per month it will give you a bad return on investment. The R20 000.00 you could have used to help you buy your next property. That will give you a better return on your investment.

You can make your property cash flow positive by increasing the repayment period. You can change your repayment period from 20 years to 30 years or to an interest only mortgage. You will never repay your mortgage, but your cash flow will increase. I prefer interest only mortgages, but I will give my reasons in another post.

There are more ways to help you make your property cash flow positive, but I am going to stop there. I was only going to explain what a cash flow positive property is.

A cash flow negative property is a property where you have to pay the shortfall every month. We call it bleeding. Every month you have to find the shortfall somewhere else to fill the gap, or stop the bleeding. You are bleeding cash every month to subsidise the property. This is very dangerous, but unfortunately 90%+ of properties today are cash flow negative. When interest rate increase the bleeding increases and the strain on cash flow increases. This could lead to forced selling, to increase cash flow again.

On this blog we are looking for discount properties, but I will post cash flow positive properties from time to time. Watch this space. Register on this blog by entering your email address on the right under 'Get email updates' and don't miss out on great investment property for sale.