Real Estate Investor Magazine South Africa REIM February 2018 | Page 23

RESIDENTIAL 22 Being a landlord isn’t always easy. In this month’s First Time Investor Series, we explore ways to find the ideal tenant. Find out how to manage the process - and what to do if problems arise down the road. 24 Deciding whether to stay in your property or sell can be challenging. We speak to some experts about factors to consider, and how to renovate with this in mind. TONY CLARKE MD of the Rawson Property Group “No matter what the financial situation, people need a place to live, which means there’s always going to be demand for property. In tough economic times, that demand shifts towards more affordable in- vestments, increasing activity on the lower end of the market.” CRAIG HUTCHISON CEO Engel & Völkers Southern Africa GEORGE RADFORD Director of Africa at IP Global “Property truly gives you the best of all worlds as you get to enjoy it while living there, enjoy rental income if you choose to let, the satisfaction knowing it’s yours and only yours once paid off, and of course the reward of knowing you have something to leave behind for your children someday” “The smart future of South Africa is look- ing up. Whether you are investing in prop- erty around smart nodes here, or looking to smart cities on the international landscape, you can’t go wrong investing in these for- ward-thinking locations.” SA Real Estate Investor Magazine FEBRUARY 2018 21