Now is the time to invest in real estate.
Okay, I know what you’re thinking. How is 2021 a good time to invest? We are still in a global pandemic!
We have made it through the worst part of the pandemic and the end is near. And when things do go back to normal, the real estate industry is set to boom. In fact, the market is already benefiting from the reduction in COVID cases and the vaccine rollout.
As a first-time buyer, it can be intimidating to jump into real estate investing. That’s why I want to make sure you are as prepared as possible! In this guide, I am going to reveal everything you need to know about investing in real estate during COVID-19.
Here are my top 4 tips:
Keep an eye on the economy
It’s no secret that South Africa’s economy has struggled due to the COVID-19 pandemic.
However, it is slowly but surely recovering.
Less than a week ago, President Cyril Ramaphosa announced that South Africa will be moving down from level three lockdown to a level one lockdown due to a significant decrease in new cases. New cases are currently sitting at 10,000 as opposed to 90,000 in December 2020. In level one, most economic activity will resume.
The vaccine rollout is also set to trigger extreme economic growth. In Finance Minister Tito Mboweni’s recent 2021 budget speech, he announced that the government will allocate R10bn towards the distribution of the vaccines. As more South Africans get vaccinated, more businesses and industries can resume their normal activities.
And many industries- like the real estate market- will have some serious catching up to do. This is great news for real estate investors because it means that new development construction will continue and the market will be flooded with new property listings.
Ask for help
There is no shame in asking for help. In fact, reaching out is what helped propel my own real estate investment career. There is a lot to know when it comes to real estate investing and the amount of information can feel overwhelming. As a newbie, it’s also easy to make costly mistakes. Instead of aiming for real estate success through trial and error, invest in a mentor. A mentor can show you the ropes and give you advice based on their personal experiences in the industry. Plus, having a mentor can increase your profits by 20%!
If you want to jumpstart your real estate investment career, check out this opportunity. Right now, I’m offering one-on-one mentoring to 15 lucky investors. As a mentee in my Real Estate Wealth Builders Program, you can get one-on-one mentorship with an industry expert.
Plus, the first 10 people to sign up for my mentorship program will receive a 30% discount and a FREE 10G tablet full of real estate investment resources. But don’t wait- there are only a few spots left!
You can also click here to hop on a FREE discovery call with me to discuss your investment goals and my coaching approach.
Consider all of your investment options
Many people think there is only one way to invest in property- to put down a large deposit, take out a mortgage and rent out the property for rental income. However, this method may not be the most profitable- especially for new investors. So be sure to consider all of your investment options before signing a deal.
2021 is your year. There are a multitude of resources available for first-time buyers. If you take advantage of these resources along with the upcoming real estate boom, you will be well on your way to financial freedom.
Know your budget
The worst mistake you can make is jumping into the market without a budget in mind. If you don’t know what you can afford, then you won’t be able to close the right deals.
Before you start looking for properties, take 5 minutes and get pre approved using my bond fitness app.
After completing a short set of questions, you will receive a bond indicator certificate. This certificate will give you the confidence you need to shop for the perfect property.
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