Cape Town Commercial Consultants

This estimate was based on a budget of ZAR 1,200,000 for a 3 bedroom house. What is imperative that the commercial manager have qs, contract management & project management skills. Interest rate is at 10% over a 20 year period. Stand cost of ZAR 500,000. Estate Agent fees were calculated at 7,5%. It is significant to note the saving incurred in the process. 1. Total Saving - ZAR 2,150,000 2. Interest on Building Cost Saved Projected @ 10% - ZAR 1,075,000 3. Reinvest Savings @ 13% - ZAR 800,000 4. Contractor's Price - ZAR 5000 vs. 3850 / m2 - ZAR 270,000 The following motivation can be substantiated regarding risk avert clients: 1. More control over construction process 2. More control over appointment of sub-contractors 3. Better "product" in the end due to better value for money. 4. Client can be involved in the whole process.

HOW DO YOU QUALIFY? You are allowed to spend 30% of your gross monthly income (before deductions) on the purchase of fixed property. To calculate the 30% the banks also take into account: *Car and travel allowances *Current rental income *Commission based income *Monthly pension *Maintenance *Self Employed Column 1 :Client's monthly income Column 2 :Maximum bond @ 9.5% Column 3 :Maximum bond @ 8.5% ZAR 10,000 ZAR 315,789 ZAR 352,941 ZAR 12,000 ZAR 378,947 ZAR 423,529 ZAR 14,000 ZAR 442,105 ZAR 494,118 ZAR 16,000 ZAR 505,263 ZAR 564,706 ZAR 18,000 ZAR 568,421 ZAR 635,294 ZAR 20,000 ZAR 631,579 ZAR 705,882 ZAR 22,000 ZAR 694,736 ZAR 776,470 ZAR 24,000 ZAR 757,895 ZAR 847,059 ZAR 26,000 ZAR 821,053 ZAR 917,647 ZAR 28,000 ZAR 884,211 ZAR 988,235 ZAR 30,000 ZAR 947,368 ZAR 1,058,823 ZAR 34,000 ZAR 1,073,684 ZAR 1,200,000 ZAR 38,000 ZAR 1,200,000 ZAR 1,341,176 ZAR 42,000 ZAR

"Location, location & location". We will have a look at one of the biggest determining factors of what makes a property a good investment. Procedure to be followed to acquire land: 1. Properties in different areas. 2. Buy from agent / owner. 3. Asses growth in areas. 4. Do comparitive analysis of properties. 5. Who is the owner / entity and what impact that has on the price? 6. Restriction on erf. 7. Home Owners Association Policy and it’s impact on the property. 8. Outstanding debt on property. 9. Soil conditions analysis. 10. Life cycle cost’s involved with property. 11. Assessing needs analysis of client ito house to be build. 12. Decides which Architect to appoint ito budget and expected return on investment. 13. Looking at alternative methods to get properties. Leaving out some of the steps increase your risk in making an informed decision.

ABSA house price index (12 April 2010): "In the category of small houses (80m²-140m²), the average nominal value was upby 9,6% year-on-year (y/y) in March, compared with a revised growth rate of 7,3%y/y recorded in February. The average nominal value of small houses was aboutR725 200 in March." (Click here to view full article)

A Beginner's Guide to Flipping Houses By [http://ezinearticles.com/?expert=Jeanette_Joy_Fisher]Jeanette Joy Fisher If you're dreaming of making money in real estate, it's time to stop dreaming and get to work, because making money in real estate isn't just a vague pipedream. It can be done, even by a young and inexperienced person, when you learn how to "flip" houses. A friend of mine, we'll call her Tai, made a fortune in real estate, beginning at the age of twenty, with no help from anyone else. Here's how she did it: Tai began by buying a HUD repo, which allowed her to get into the house for no money down. Then she fixed it up and sold it herself. At closing, she had made enough profit to by a second fixer-upper, but this time, she paid all cash. Tai went right to work fixing her second house, and when she sold that one, she collected profit of $44,000, which allowed her to pay cash for her third house! By now, Tai was comfortable with her formula,