Investment Properties in Silverlakes
PUBLISHED 26 SEP 2016
There are numerous examples of investors who have managed to build a successful and profitable property empire over the long term and like all property investors, there is always a first time.
Starting out in real estate investment can seem difficult and even stressful and the prospect of owning a portfolio of properties seems a long way away, but budding investors can soon get the hang of things and enjoy the fruits of their first rental property.
Planning is crucial
Owning a rental property can be considered a good long-term wealth-building strategy and a rental property can provide you with some monthly cash flow and also deliver a return on your investment when property prices rise.
All of this takes planning and simply buying a property and then deciding to rent it will not often be a good recipe for success.
Your planning should be based on what sort of target market you are wanting to attract with your rental property, such as a family or single occupants. It is also important to do your research and look at which location and price-range would best suit your requirements.
See if the numbers will work
Carry out your own research and look at what a typical property is renting for and try to gauge how much demand there is and how quickly these properties are being taken off the market having found a suitable tenant.
Sort out your finances
The type of financing you have in place to be able to buy your rental property will make a big difference and is an area where a number of novice investors tend to make some mistakes.
Negotiate on price
The true art of successful property investing is making sure that you buy at the right price.
And who better than working with a real estate agents:
What Bianca Properties look forward to assisting you with?
-Bianca Properties will guide you through the entire process, from viewing homes and financing, to making sure the final contract is in your best interest.
– You will have full access to ALL homes available on our listing
– Our expert local knowledge of the area will be invaluable to you, not just in terms of real estate, but also schools, neighbourhoods, the local economy, and more.
– What is the true market value of the home you are interested in? Is it priced too high? Is it a bargain that you should jump on? We help home buyers make decisions like this every day, and Bianca Properties will make sure that YOU get the best value for your money.
– Negotiating with sellers can be stressful. Bianca Properties will help you negotiate, so that the final contract includes your best possible terms and conditions.
– You should know absolutely everything about the property you are buying! Bianca Properties will view every home that you are interested in, TOGETHER. And prior to closing Bianca Properties will make you fully aware of any and all Valuation available to you.
– Have confidence when signing documents. Contracts are full of complicated terms and clauses that can greatly affect your future life in your new home. Bianca Properties will give you the full benefit of our real estate knowledge and experience.
Bianca Properties, Also have a great investment listing in Silverlakes:
Property Price R 2 280 000
Property Type House
Building Size 185
Stand Size 550
Living Areas 1
Pets Allowed ?
3 Bed, 2 bath and double garage situated in a popular security estate it offers 1 living area that leads to the undercover patio with build in braai. 3 Bedrooms with 2 bathrooms 1 en-suite. The house has lovely laminated floors with beautiful white shutters. Kitchen has a gas stove and there is a study and a has a lovely garden. Central to SILVER Lakes estate is the magnificent Clubhouse with its classical architecture and its panoramic views. The Clubhouse is not only the home base for the golf course, but also offers an array of luxurious facilities. The magnificent 18-hole golf course with its spectacular system of lakes, is a popular attraction and a huge asset to the estate. It is an honor and a privilege to play and relax in the secure environment offered to Silver Lakes residents.
Don’t Hesitate to call us for your estate investment
Bianca Properties (Pty) Ltd at (012) 809 0012