The demand for alternative power solutions in South Africa has skyrocketed since 2021, but many people cannot afford to invest in such systems; luckily, if you don’t have the money to buy one outright, you can actually rent one.Alternative energy systems range from simple fixes like Uninterrupted Power Supply (UPS) devices to more comprehensive solutions such as invertors, generators, and solar panel...
Changing lifestyles and increasing needs for flexibility in a world that gets smaller as technology advances, gives many people reason to believe that renting a property is better than buying one.And while there are many arguments in favour of renting in this new age of living, property experts say there are good reasons why you should see owning a home as the better option.Having said that though, Adrian...
Eskom has saved more than R700 billion from rooftop solar power generation, and Finance Minister Enoch Godongwana should have used this money to help struggling households trade in rooftop solar energy and, thereby, reduce their poverty levels.Rooftop solar power provides more than 20 percent of South Africa’s electricity needs and not only saves Eskom R702bn but beats load shedding and pollution, and...
Creating generational wealth can be daunting. Most people do not even know where to start. This entrepreneur says he has some of the solutions.The founder and chief executive of Johannesburg-based InvestRand, Ezra Rasethe, says he is leading a campaign to democratise wealth generation in the country through property investment.Rasethe’s path into property ownership began with a desire to assist friends...
Economic growth reforms, including infrastructure investment, will ultimately benefit the housing sector and boost consumer sentiment that drives the residential property market.Dr Andrew Golding, chief executive of the Pam Golding Property group, says Wednesday’s Medium-Term Budget Policy Statement (MTBPS) highlighted the country’s critical imperative to boost economic growth and, in so doing, made a...
Deciding you are ready to buy a home is a thrilling life event, and officially becoming a homeowner is a buzz like no other; but once you have sealed the deal, a new journey begins.Owning a home is a significant accomplishment and a dream for so many South Africans, but it does mean you have to rethink the way you manage your finances and the huge brick-and-mortar investment you have made.Achieving and...
For many first-time homebuyers, purchasing a fixer-upper is the only way they may actually be able to take their first steps on the property ladder, especially if they are looking at buying in a location that is out of their price range.And as the age-old adage goes: Rather buy the worst home in the best neighbourhood than the best home in the worst neighbourhood.Property renovations and flipping have...
A quarter of a million rand is a huge amount of money, but when it comes to forking out millions for a home, that R250,000 somehow seems a little smaller.After all, if you consider paying R2,85 million for a home instead of R2.6m, or R4,3m versus R4,55m, the sum seems to get swallowed up, especially amid the excitement of being so close to buying your own property.But if you take a step back and crunch...
For many property sellers, their asking price is the bare minimum they are prepared to accept for their home while, for others, it is a baseline amount they are willing to negotiate from.Setting a realistic asking price, however – especially in a buyer’s market – is incredibly important as overpricing a property could deter potential buyers and leave the property sitting on the market for a long...
Choosing a real estate agent is one of the most crucial decisions a seller makes in the home-selling process because the right agent can be the key to a smooth, successful transaction, while the wrong one can lead to frustration and missed opportunities.This is the most pivotal decision in the home-selling journey, influencing not only the speed of the sale but also its overall success and even the return...
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