Real Estate Investor Magazine South Africa May 2013 | Page 64
MY STORY
BY ANGIE REDMOND
Key Investor Tips
From Karl:
The property investment game
is a marathon, not a 100 meter
sprint…it requires patience and
perseverance.
It is a business, you need to
manage your rental properties
prudently in terms of expenses,
repairs, maintenance, cashflow,
administration
and
lease
agreements. We always try to
keep our rental increases in line
with the CPI…otherwise our
net return will decline… this is
the best way we keep on beating
inflation i.e. CPI + Capital
growth rate.
We believe that the secret to
limiting your property woes is
to partner with a professional
property rental company. We like
doing business with people who
are transparent in their business
dealings.
Meet Our 2013
Master Investor
Of The Year
Karl Landman takes home the prize
62
May 2013 SA Real Estate Investor
We always try our best to
negotiate a good deal with every
property purchase. We aim to
buy 5 to 10% below market value.
We prefer buying existing
properties rather than off plan
for two good reasons: established
body corporate financials and it’s
easier to source tenants in a well
established complex.
www.reimag.co.za