CASE STUDY
ING LANDSCAPE : ourney in SA ' s conomy
Twenty-two years ago , I embarked on my real estate investment journey with a simple goal : to build residual income for retirement , inspired by Robert Kiyosaki ' s ' Rich Dad , Poor Dad .' The strategy was straightforward : identify undervalued apartments in high-rental-demand areas , rent them out , and repeat .
As I gained momentum , I expanded into purchasing small apartment blocks while staying true to the fundamentals . Initially , everything seemed smooth sailing . Capital growth consistently exceeded 9 % per annum , and rental income followed suit with steady escalations . Life felt predictable and straightforward ... or so I believed …
Real Estate Investor Magazine APRIL 2024 57