select
|

Rental Properties: Is It A Good Idea To Invest in Real Estate

Real estate investment is not a new concept. Entrepreneurs, businessmen and businesswomen have been doing it for decades, but they are not the only ones. Normal men and women like you are doing it too. If you have been wondering if a rental property is something you should consider, the short answer is “Yes!” 

Why? Because if you have the necessary capital and the time to take it seriously real estate is definitely where the magic lies.

The Top 5 Reasons Why You Should Say YES To Investing In Property: 

No need to bite your nails, real estate is a safe and stable investment.

Property is a long-term investment with minimum risk and stable growth. Not only do you benefit from others helping you pay but also once it is paid off you will earn a definite rental income that could contribute to anything from tuition fees to retirement extras.

You don’t have to be an expert, investing in property is easy.

Unlike stocks and bonds, investing in real estate is rather straightforward. And because it is a physical establishment you are able to drive to it and physically look after it by doing repairs and ensuring that the investment is well maintained. Your property agent will assist you with any questions you might have and help you through the entire buying journey. 

You have all the control, the future of your property investment is what you want to make of it.

Your property investment is 100% under your control. You don’t need a stockbroker or middleman as your advisor. Over time you might be in a position to invest in another property, you may decide to sell or perhaps choose to redevelop your property into several flats. You decide.

The market is so diverse, you will find the right real estate for any budget.

The first real estate you buy as rental property doesn’t need to cost you an arm and a leg. You can start off with a bachelors’ flat or a tiny lock-up and go townhouse in a less popular part of town. There are always people looking to rent these types of properties.
  
You can even be creative and have fun with your rental property.

Although properties are all about location, they also need to have cosmetic appeal to attract the right people willing to pay the right rental price. Once you start looking at real estate you will often find that with some renovations a basic granny flat can be turned into a student’s dream etc. Property investment is therefore not boring at all and if you are creative you can make a profit from any type of property.

There are multiple other reasons to take your interest in rental property further - make sure you start out on the right footing by finding the best real estate for you.



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK