Real Estate Investor Magazine South Africa September/ October 2019 | Page 20

GETTING STARTED
SPONSORED
Requirements to enter
the property market
BY DANIEL LOMBARD
A
local company, Property Assist aimed at providing
alternative solutions and investment opportunities
specific to the property industry. The company was
established by financial, legal, investment and property
specialists.
FIRST STEPS
Potential investors can be assisted by Property Assist to
enter the property market if you:
Qualify for flisp (finance linked individual subsidy
programme) earning between R3500 to R22000
p.m.
Together with a group of friends qualify for bond
financing or just have some cash
available
Have some cash available (not qualifying for a
bond or in combination with a bond)
Have proven consistent income (with impaired
credit record) to purchase property
Able to access some of your pension funds or
expect pension pay-out shorty
Have an existing property or properties with low
or no bond and with equity in your
property or properties
If one is a foreigner with part cash and meet the
bond qualification criteria
If one is just a property investor who wants to
reach your goals with the correct strategy
If one is an institutional investor with funds
looking for income generating investment
opportunities that yield 13% plus ROI in the
residential market and qualify for REIT
If one is a private wealth investor who is looking
for unique and alternative property investments
with a proven track record for more than 6 year.
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SEPTEMBER/OCTOBER 2019 SA Real Estate Investor Magazine
You can also enter the property investment market on your
own but then we advise that you upskill as much as possible
by attending property investment seminars, without being
lured into paying exorbitant amounts in order to access
basic information about the property investment. Most of
such service offerings and information about the subject are
available in property investment magazines like Real Estate
Investor Magazine.
STEP-BY-STEP GUIDE FOR INVESTING
Predetermine your affordability through a
mortgage originator if you want to use bond
finance. A mortgage originator will provide you
with a pre-qualification certificate
Determine what you want to invest and contribute
in cash if you have it available
Find a property investment originator or advisor
to assist you and guide you how to find property
investments with a good yield
Work out a strategic plan with the property
investment originator or advisor regarding which
investment opportunities to employ in order to
achieve your investment goals in the shortest time
with the least possible risk.
Select your investment opportunities and get
advice from your property advisor.
Purchase and sign the agreements for your property
investment.
Revisit and measure your investment returns
against your strategy and plan with your property
investment advisor quarterly.
SOURCE Property Assist