All Forum Posts by: Adam Hassim

Good day , My family decided to rent out our first home at the beginning of this year. The tenants defaulted earlier this year but came to a payment agreement with my parents . They’ve now defaulted a second time and it’s become increasingly difficult to get in touch with them . Laws in South Africa are far from landlord friendly making the eviction process relatively lengthy and thus expensive . Now, I have only been learning about real estate for the better part of a year now and have no active experience meaning that I am nowhere near an expert. I do however feel as though the situation has deteriorated to a point where even a novice like myself knows enough to safely say that decisive action is long past due . I’m struggling to convince my parents of this and would appreciate any advice as to how I could go about doing so as well as tips on how to avoid a repeat of this situation .

So I am brand new and keen to dive into the world of real estate investing and as I've been educating myself the topic of financing has come up again and again. Now I am eager and determined to succeed in this business but that doesn't make the idea of millions of rands worth of debt any less daunting nor does it change the fact that the prime lending rate is sitting around 10.5%. That being said if anyone has any tips or suggestions on managing debt when starting out , it would be greatly appreciated .

Hi guys , I'm a student in gauteng looking to learn a bit more  before kick starting my real estate journey