Do you want to bulk about your investment portfolio, but you simply aren’t sure whether to invest in residential or commercial properties? Fear not. Jason Scholtz is happy to provide you with some advice. As one of South Africa’s most prominent investors, he has plenty of experience in this regard. Here are some of his top property investment tips to keep in mind.
Ultimately, if you are looking to reap the rewards of your property right from the get go, it may be wise to opt for commercial real estate or property development investments. This is because you can generally charge tenants much higher rates to your eventual tenants. Jason Scholtz reminds us to remember to do our research on the amount of money that general operating expenses will cost, as this will give us an idea of what to expect in terms of possible returns on your investment.
On the other hand, if it is a stable income and less stress is what you’d prefer when it comes time to making decisions about strategic property investment, residential real estate could be your best bet. You will be dealing with fewer tenants so daily maintenance won’t be nearly as demanding compared to that of commercial property investments.
At the end of the day, the type of property investment you decide to make will depend entirely on your financial goals and preferences. For more investor tips from Jason Scholtz, and an insider’s look into the South African market, be sure to get in touch, or visit http://www.envisioninvestments.co.za/
