Real Estate Investor Magazine South Africa March 2014 | Page 7

INVESTOR TALK FROM THE EDITOR As we entered into 2014, most property developers and investors felt that the industry would start on a positive note with the continued low interest rates, affordable housing prices and increased lender confidence because up until now, the repo rate had been consistent and stable. But as I am quickly learning, the various property sectors are dynamic, ever changing and improving and rising to the myriad challenges that responding to the economy. It would appear most investors were not expecting Gill Marcus’ decision to increase the repo rate by half a point, shaking the foundations on which the property market had been happily relying would remain the same. But now with things suitably shaken up now, the game has changed. With the help of some heavyweight specialists in the property market, this edition will help you, the property investor, understand how to protect your assets in 2014, what to look out for and what to be prepared for in light of these new developments. In addition, we look at a variety of issues that touch on inner city revitalisation in terms of investing wisely and the successes of such projects. We also take a look at the very important things you as a first time property buyer would need to know as well as being armed with asking the right questions before you sign any papers or transfer any funds. We also reach our sights to across many oceans as we explore the latest trends and developments in offshore properties in Cyprus, the States, the United Kingdom and Mauritius. TRACEE HARVARD FROM THE PUBLISHER What a tumultuous start to 2014, an interest rate hike that almost nobody predicted. It was inevitable that interest rates were going to rise but not so soon. This should have an impact on buying residential property. Many investors look at alternative methods of finance in an increasing interest rate environment. It is fact that banks are even more reluctant to loan to investors with large exposure and in the current volatile economy that is struggling to recover. As an aside, we are constantly bombarded with sensational claims to get rich, make money in business, on social media platforms and in real estate over night in all three easy payments of R300 per month. This industry known as the personal development or expert industry. These repetitive marketing messages have distorted our senses in terms of what it really takes to succeed in real estate or business. As publisher of this magazine I have seen and heard it all with all the massive promises of incredible wealth, the sure fire to be successful in real estate investing, making massive amounts of money in business and methods to make you younger. I have sorted through this industry all the time to gain the wisdom as to what really works. The only way to real success is a continuing of mundane, unexciting rituals and daily disciplines that you need to implement in your life. It is important to get a coach, mentor or guide in your life so just make sure you get the one that resonates with your success. NEALE PETERSEN When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. –Henry Ford TWITTER COMMENT FACEBOOK COMMENT TiaanRo@SAReimag “I love your mag. Keeps me busy for days and gives me a lot of ideas and insight, keep it up and thank you!” Amber Bezuidenhoudt commented on Real Estate Investor Magazine Bezuidenhout wrote: " This is an excellent Table magazine to have, Not only does it add to your status but you just don’t know when you have a potential investor, or investment” Follow us on Twitter SA_Reimag www.reimag.co.za REALE ESTATE BUSINESS DIRECTORY Like us on Facebook http://www.facebook.com/RealEstateInvestorMagazine March 2014 SA Real Estate Investor 5