Should YOU Buy Property in 2024 in South Africa?

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Louis Reynhardt

Joined: Mar 2024
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Should YOU Buy Property in 2024 in South Africa?


Should YOU Buy Property in 2024 in South Africa?

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22 Comments

  1. You do need to VERY carefully look at where your property is. I have a property I am stuck with that is valued at R130000 more than what anyone is willing to pay, meaning if I want to get rid of this, I will lose money. Another thing is the rental, the norm for a 2 bedroom would be around R7500, I can't ask more than R6500 or no one will rent. Supply and demand in certain areas will bomb your decisions, so make 100% sure where you buy and DO NOT BUY through someone like Igrow or some developer selling dreams, dad also had a horrible experience.

  2. Hej Louis, first of all great work on your videos and a huge thumbs up all the way from Belgium!

    I have a question regarding some international property and some apartments in Hatfield, Pretoria.

    I have 3 student flats that I rent out but they are still not transferred into a trust. I have saved up for a 4th appartement but would it be wiser to first place the 3 into a trust and hold back on buying the 4th one or is my thinking wrong.

    Thanks again and keep up the great work.