FOX & CO Investment Property Brokers

05/12/2022

30/11/2022

Property remains a good way to earn a passive income.
Property investment in South Africa is an excellent long-term investment strategy. Investment properties are purchased with the intention of earning a return through the rental of the property, the future resale of the property or both.

The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow, excellent returns, tax advantages, and diversification—and it's possible to leverage real estate to build wealth.
According to the PayProp Rental Index 2022 Q2, “rental growth of 2.5%, 2.6% and 2.7% in April, May, and June respectively. The upward trend seen since April 2021, although very gradual, remains encouraging”. And the national vacancy rate has had a sharp decline from 13.31% to 8.26% (TPN Vacancy Survey 2022 Q1). However, this is still above the pre-pandemic low of 7.47% achieved in Q1 2022. PayProp also reports that the percentage of tenants in arrears is lower than it was in 2020 (24.9%) but has increased marginally from 18.4% to 18.5% in the last quarter.

The work-from-home and semigration trends continue, also driving demand for rental properties. In terms of semigration, FNB reports that “relocation within SA has increased from 8% in quarter 1 of 2020 to 13% in quarter 2 of 2022, in line with the changing housing preferences due to [the work-from-home] trend. Internal data shows that the semigration trend is largely driven by the relocation path from GP to the neighbouring North West province (Hartbeespoort) as well as coastal towns in the Western Cape (Hermanus, Mosselbay, George, Cape Town) and KZN (mainly Ballito)”.

28/11/2022

16/11/2022

School doesn't teach you about money so in this video, we will tell you the rules the rich follow and how they view their real estate investing deals. We share what the rich focus on when they find properties to invest in and the major considerations they focus on. You can invest in real estate without your own money. This is the beauty of real estate.

Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.

With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.

Robert’s most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.

School doesn't teach you about money so in this video, we will tell you the rules the rich follow and how they view their real estate investing deals. We sha...

09/11/2022

https://www.youtube.com/watch?v=VvpA6fcHYNw

15 Best Real Estate Books | ALUX BOOK CLUBSUBSCRIBE to ALUX: https://www.youtube.com/channel/UCNjPtOCvMrKY5eLwr_-7eUg?sub_confirmation=1Get BUY IT, RENT IT, ...

04/11/2022

Property owners must put zoning on the radar if they want to leverage maximum returns when they sell. There’s unquestionably significant profit potential in unrealised real estate development rights.
Every property in South Africa has its own zoning certificate which specifies its current zoning class and development controls. Municipalities have particular zoning regulations for each property within a certain area/suburb, including commercial, residential, agricultural, industrial and mixed use. Within every zoning category there are subcategories that show what the property may be used for. The zoning certificate also includes the allowable development controls of the subject property (height, coverage, density, floor area ratio, building lines, etc.)

04/11/2022

Calling all investors!!!!
This very well-placed building with 3 established shops and units located in one of Boksburg Central main roads is an investors' dream.
Call us for private viewing!!!

04/11/2022

Calling all investors to earn additional income!!!!
This Highly visible lifestyle center is for sale
This shopping center is located and visible on two very busy roads in Benoni with 3478 m2 of lettable space.
It’s also close to O.R Tambo international airport and close to both the R21 and N12 highways.
The property has two national tenants and several small tenants.
leases and rentals books available for pre qualified clients.

04/11/2022

The property is located in Boksburg Central. There is strong demand for retail shops and residential flats in the area. Two of the tenants in the property have been there for more than 10 years, while the other two are there for more than 3 years. The property has 4 large shops each paying 10k plus, besides on tenant who has been in the property for over 40 years.
There are 10 flats, 4 of which are very large ones. Additionally, there are 3 rooms that have their own toilet and own shower, but share a kitchen. Tenants pay for their own water and electricity. Electricity is on sub-prepaid, while water is read and billed. There is a parking area at the back that can accommodate some vehicles but an access point needs to be created.
With a good hands on management I think a person can turn it around and make an upside. We are based in Klerksdorp and manage it from there. The building needs minor TLC than perhaps rentals can be increased drastically.
Contact us for more information.