If you are thinking about flipping houses to make money and you are new to the market, it is important that you know exactly what you are doing. The real estate market is a market where large amounts of money can be lost – or made so here are a few tips to help guide you in the right direction.
When you hear the saying “Don’t put all your eggs in one basket”, how seriously do you take it? Most of us don’t take it seriously at all. Investors are taking a closer look at investing and how to diversify their portfolios to reduce volatility and risk.
Listed property has seen a growth of 53% in nine months and most analysts feel that listed property still remains an attractive sector for long-term investors and those looking for income.
Understanding the reasons for cheap homes can help you save thousands of rands when buying your next home, or help you avoid making a big mistake.
The new SARS regulations that come into effect at the end of August, states that if you are buying a house from a foreigner, you will be liable for capital gains tax. The buyer has the responsibility to withhold the tax from the sale of the property and pay it directly to the receiver of revenue.
One of South Africa’s best asset managers, Sam Houlie of Investec Asset Management, says it is a good idea to get into the residential property market as soon as possible.