This past month, we’ve talked a lot on the blog about how to invest as a newbie from ways to invest in real estate with just R5000 to how to profit from real estate in the current COVID-19 economy.
If you take one piece of advice from me this year, it’s this: Study those articles.
Because the real estate investment rebound is coming and you don’t want to miss it.
Whether you’re a beginner real estate investor or a pro, it’s crucial that you take advantage of the upcoming real estate rebound. If you go in with a solid strategy, you could quite literally make millions.
Here are the top 3 signs that suggest a real estate investment rebound is on the way:
1. South Africa’s residential real estate market is performing unbelievably well despite COVID-19
Last year, experts predicted a housing market crash. They all said that South Africa’s residential real estate market in particular would drop due to high unemployment and lockdown restrictions.
And you know what? Many people believed them.
That’s why it shocked us all when the housing market boomed. Initially, experts predicted that housing prices would drop by 5-15% in South Africa. Instead, prices increased by 2%.
FNB’s January 2021 property index showed that December 2020’s residential year on year price growth was 3.5% compared to November’s 3.3%.
According to Lightstone Property, instead of crashing, the scope of the residential market simply shifted. Many South Africans downsized to more modest homes suitable for their work-from-home lifestyles. CEO of Pam Golding Properties (PGP) Andrew Golding says the most robust activity in 2021 will be in the R700,000 to R1.5 million price bracket.
2. There are more first-time home buyers in the market- and they’re younger
The first part of this housing market rebound actually started last year in June after lockdown restrictions eased. Banks started granting mortgages at lower interest rates, which resulted in more applicants and more approvals. In fact, 2020 saw the highest number of mortgage approvals in the past decade.
The millennial generation has started to take over the real estate industry, which will undoubtedly contribute to the upcoming real estate investment rebound.
3. The COVID-19 vaccine is coming
The global vaccine rollout is well underway. Countries around the world have already vaccinated tens of millions.
And South Africa is next!
Earlier this month, health minister Zweli Mkhize said the country will receive 1 million doses of the COVID-19 vaccine in January and 500,000 doses in February. As South Africans get vaccinated, we will slowly get back to normal. Lockdown restrictions will ease, employment rates will increase and- you guessed it- the housing market will rebound.
Want to know how to profit from the real estate investment rebound as a first-time buyer?
I have one word for you: mentor.
Entrepreneur recently published an article that revealed some incredible statistics. Did you know that…
Mentoring can boost revenue prospects by 20%
Mentorships can increase your chances of a promotion (aka a level up in your investment portfolio!) by 5 times
70% of small businesses (like your real estate business!) stayed in business for over 5 years when they received mentoring- compared to only 35% that didn’t!
One-on-one mentorship can be a game-changer for your real estate investment business. Not only can it help you become a highly profitable investor, but it can make sure that you stay one!
If you want to learn how to invest in property and build wealth faster- and for longer- than the average investor, you need a one-on-one mentorship.
Online courses and group coaching are great resources, but they may not be the most effective way to build and sustain your investment business. For the best results, you need expert advice catered to your personal investment goals.
So why not get a one-on-one mentorship with an industry expert who can coach you directly?
If you’re ready to build your investment empire, take a look at our Real Estate Wealth Builders Program and get enrolled today!
The first 10 people to sign up for 2021 will receive a 30% discount and a FREE 10G tablet full of real estate investment resources.
You can also schedule a call with us to learn more about this incredible mentorship opportunity.
But don’t wait- we only have limited spaces. You don’t want to miss out!
If you’re ready to take the next step in your real estate investment journey, I would love to help. I have created a no-nonsense course that can help you go from beginner to profitable real estate investor in the next 90 days. Click HERE to find out more!
Interested in learning about how to invest in real estate with no money down? Grab your copy of my ebook How to Invest in Real Estate with No Money HERE! I am giving it away for FREE! In it, I reveal my proven strategy to building wealth through real estate investment without spending my own money. This strategy includes several of the income streams I created without paying any money down.
So- are you ready to start building wealth through real estate? If the answer is “yes,” then it’s time you followed these steps:
1. Download my ebook
2. Join our Program
4. Join our previous Live Stream on the YouTube Channel.
5. Join our Facebook Community to plug into a mastermind of like-minded individuals.
5. Book a FREE Mentorship Call with me