Will your system work in all parts of the country and what about other countries?

Charl van Aswegen

Why do you say property is a good investment?

Sameul van Schalkwyk

How do you get the cash flow from the properties?

I have never attended any of your workshops but form what I can see on your different websites is that you advocate that cash flow is more important than capital. This does not make sense to me because all the properties I am investing in are highly geared (negative cash flow) but I have made a lot of Capital Gains.

The question then is how do you get cash flow from a property and why do you say income is more important than Capital?

Johannes Few

How do you find the bond holder and bond amount on Property Investments?

Hi Hannes

In the auction section (of http://www.propertyinvestment.co.za/ ) I find it difficult to find who the bond holder is as well as the bond amount registered.

How can we obtain this information?

Regards
Ben Durandt

Where do I find investment properties?

Three years ago when I attended your Property Pro Investment Workshop it was relative easy to find good properties investments with the help of the Property Pro Program.

Now I find it very difficult to get the “right” property.

The last one I bought six months ago could only give me an IRR of 98% over a five year period. Is it possible nowadays to find better deals than this?

Igna Rautenbach.

Is the interest on refinancing tax deductible?

Hannes,

I have a question re. refinancing of properties to improve one's tax situation.

I bought a flat for R76 000 5 years ago. As the banks did not want to finance properties in that area, I used money from my home loan account and deducts the interest that I charge myself for the loan as you taught us.

The value of the flat has since improved dramatically and similar flats are now selling for R320 000. The block is very well maintained and there is a reserve fund of R50 000. I earn an income of R1438 per month after deductions for levy and the letting agent.

Obviously the income now exceeds the interest payment by far.

1. Would it be wise (and feasible) to ask the bank to register a loan of R320 000 over the flat and use the money to pay off part of the bond I have on the house I live in?
2. Will I be able to deduct the interest on this loan as an expense against the income of the flat, or will the receiver put a stop to it ?

Maryke Herbst

Why this blog

I want to add more value to my students - both Wealth Creators and Property Investors - and educate and empower them to make informed decisions when it comes to property and general investment decisions.

This is also an opportunity for some of my existing students to help others by sharing their experience with potential students or investors.