Real Estate Investor Magazine South Africa June 2013 | Page 12

MASTER INVESTOR
army, who became his investment partner in his
first property venture.

out properties in Pretoria and Johannesburg and,
later, in Cape Town.

They received financial assistance from his
father, as well as bank finance, to get the project
off the ground. Together they built seven
apartments, called Roodeberg, in Pretoria,
which they subsequently sold for a handsome
profit. This allowed them to pay all the money
back to his father and still earn a great return.
Jan says this was his first great success. Most of
his investments after that was buying and renting

Jan says that in the current market his
investments have not performed as well as he
would have liked, but he still believes that buying
a property is a sound base that can set you up
financially for life.

Future

Jan does not foresee an upswing in the market
over the next two to three years. He advises

“Obtaining a home loan might
become harder in future, both due to
the banks’ strict lending criteria and
the increasing pressure on household
disposable income”

others not to hold back and wait for the market to
turn around – instead, we need to learn to make
money in the current market.
Jan says that it is comparatively easier to get a
bond now than it was two years ago, although
buyers still need to have their ducks in a row to
obtain a mortgage. Obtaining a home loan might
become harder in future, both due to the banks’
strict lending criteria and the increasing pressure
on household disposable income.
Jan believes that purchasing a home to live in
is always a good investment – everyone needs a
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