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HI there, no don't know that software, except excell obviously ;)

250k is about R1.5 mil in South Africa, for that you can buy a decent 4bdr/2bathrm/2garage house in a decent area.

Or if you buy stand of property in Oranjeville, small developing town next to a dam, this is where I invested...you'll get:

15*Prime stands of large 2000sqr. meters = 21 500 sqr. ft.

which had 400% growth on Purchase Price last year :groovy:

beat that!?!

Now thats why I :beer:

Hi, maybe its time to get more creative before you can't even afford that drink.

Have you heard of the Lease to Purchse option of investing?
Well its ment more for actual houses, but may work for a stand also.

What you do is get an investor to cover all costs of bonds for you, he has an option to buy it any time he wants over the next say 8 years...then you can move on with life...now he can go and do the same, get others to pay the bonds and little more, so he makes money, but he will do it for say 4 year contracts, etc. This way he can make more money and still solve your problem, becasue you can go on with life, seeing as you'll have that 25% back in pocket and still have the tax benefit of the bonds, which remains in your name.

OK, hope this helps...for more info you can find me at my website.

Yes, I agree that bubbles or property growth rates are affected / capita / interest rates / income or spending power of individuals...

South Africa is an interesting example of such so called bubbles:
During 1978-2002:
1981 prices dropped due to political upsets, sanctions.
Very unstable times.

1994 dropped 10%

1996 at lowest.

2000 stabalized and started growing with 10% constanly for 4 years.
thus 30% in 2004.

Now its about back to 10-17% anual growth as an estimation by financial institutions.

Thus, if you baught a house in the 1980's, you will only now start gaining equity and that would've been a 20 year wait at least. This also ment that the last 3 years our prices grew exponentially with more stability, but is stabalising now again. Also, a concern of mine is that previously disadvantage people took out many un-affordable home loans to keep up with the Jone's, and this will push up interest rates. Currently stable at 10%, apposed to over 20% 7 years ago.

I agree this is all good advice.

I decided to take a extra month, find a good keword/catchy name for my website. It is definiteley easier to market propertyboys.com, and I don't want to cofuse people with my personal website.

But, the fact remains that if your service is crappy then you will not get the users/customers to remember your name.

What I asked myself is: "Will a person remember the website's name, if they want to tell a friend, and will that friend remember it until they get to the internet?"

yes i agree, but its amazing that google gets $2bil by snapping their fingers after listing another 5.3 mil shares wow!

Hi,
I must say that I enjoyed RichDadPoorDad books...they inspired me to have the right mindset to get out of the ratrace.

Cashflow 101 computer version I have played, it is relatively easy, great to illustrate real estate investing to newbies, but too expensive and ultimately easy. I believe Cashflow 2 actually incorporates some time value of money principles also?

The most improtant lesson I learned was, start...just start and learn, even if you make a mistake, learn from it.

Blessings!