Real Estate Investor Magazine November 2024 edition | Page 63
By Grant Smee
Investing
Why your first Propert Investment : Unlocking young South Africans
By Grant Smee
First is the engagement , then the wedding , then the house , and then the baby . We all know the drill . When it comes to purchasing your first property , conventional wisdom often points towards buying a home to live in .
However , making your first property purchase an investment rather than a personal residence could be a gold nugget of advice . This strategy , particularly relevant for young South Africans , can set you on the path to financial growth and long-term wealth .