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