Real Estate Investor Magazine South Africa May/June 2015 | Page 7

INVESTOR TALK ‘South Africans Clean up your Mess!’ FROM THE PUBLISHER T he news of attacks on foreign nationals by a few disgruntled locals protesting against the lack of service delivery, as well as the unavoidable rolling blackouts due to lack of skills and management incompetence, is impacting businesses negatively. This follows the defacing of statues and the general mayhem by the poor who are demanding action by government. The current situation is now starting to have a negative impact on our economy and our future as a sustainable country. Celebrity property billionaire and businessman, Donald Trump, who features in our cover story this month, has long voiced his opinions on the state of South Africa. He recently tweeted that, ‘South Africa is a total and very dangerous - mess. Just watch the evening news.’ When I met Trump in Sydney, Australia in September 2011, he told me that South Africa was a challenging place to do business. His detractors have challenged Trump regularly but this time around it is starting to get out of control. recently returned from a trip to the United States, where it is becoming more difficult to defend those statements to investors and businessman who are willing to invest. If we want South Africa Ltd to become a winning nation, then we have to follow the example of other countries like the United States, Germany and Switzerland. These countries all have liberalized economies that welcome foreigners and understand their immense contribution to the local economy. Our government does not realize the implications of their decisions, which is putting our economy in an extremely vulnerable position and verging on a collapse. True leaders please step up! It is your time! At REIM, we support the notion of transformation through ownership of property. We know that as a result of the Land Act of 1913 and the Group Areas Act of 1957 many black South Africans have had occupation rights but no property rights. Wealth is built on property rights. REIM, as always, is the prime educator for those who are both first time homebuyers and seasoned investors. We hope you enjoy this issue with more new ideas, tips, tools and resources to help any start-up or seasoned investor grow their wealth through property. Enjoy the read! NEALE PETERSEN We need new leaders to start initiating some positive action instead of government being in constant denial. I FOUNDER AND EDITOR-IN-CHIEF Time to Lead by Example. FROM THE EDITOR B usinesses and are being negatively affected by Eskom’s power crisis causing rolling blackouts. Economic growth is steadily decreasing. South Africa’s economic outlook has dropped by 2 percentage points, from 2.7% last year to 2.5% this year. This is according to the World Bank. We need new leaders who are willing to fix the myriad of problems we are faced with daily. It is time for these leaders to focus on re- building our country by firstly, improving upon service delivery and constructing infrastructure. Despite changes and shifting trends in the market the right mindset and attitude goes a long way in helping you to benefit from your real estate investment journey and reap the rewards. In this edition, learn how to invest like Donald Trump with his’ 10 secrets to property success. See how you can become a multi-millionaire through property. Discover how safe your retirement home is from the rising cost