What to know
- Separate personal affordability from investment return.
- Model tax, vacancy and maintenance for a rental property.
- Consider how easily the property can be sold if circumstances change.
- Avoid relying only on expected capital growth to rescue weak cash flow.
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
