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Listen: Money Makeover: How to invest in property

Jun 5, 2020

Have you fallen into property investing by accident? Are you an existing property investor looking to consolidate, or planning on buying your first property? In this podcast Maya (@mayaonmoney) chats to Miguel Martins of Absa Home Loans, a property investor himself, on the do’s and don’ts of property investing.


  1. I have 3 properties 1 is the primary residence free from bond and worth around R1600000 and 2nd one is bonded with a balance of R 270 000 with terst rate of 6. 9 with 12 years remaining on bond and worth around 600k and the 3rd one has outstanding bond of 480k with interest rate of 7.50 remaining term of 17 years and worth around 700k. I receive a combined monthly rental from these 2 properties of just over 11k.
    Am concerned about paying interest on both properties. Would it make sense if a take out a home loan on the primary residence free from bond and pay off the 2 properties and only pay 1 installments and 1 interest rate?

    • Actually it makes more sense to have the bond on the rental properties as the interest from these are tax deductible from your rental income.
      There is a big cost to transferring a bond and you are getting good interest rates at the moment so it may not make sense to move them.

  2. Just had a new born baby and would like to start saving for her until she is 21 to buy her a property which is the best investment plans or products

    • Congratulations and that is a smart move! Definitely a tax-free investment product because over 20 years the capital gains growth will be significant. A low cost balanced fund that provides access to local and international markets as well as bonds is safe bet. Personally I use the SatrixNow range.

  3. I’d like to receive more information

  4. I’m interested in received more news

  5. I just finished paying my house and would like to buy another one in Polokwane to the price of around R1,3m.
    Would it be the best option or must I leave everything because I am already 52yrs.

    • You would need to look at what age you expect to retire. A bank would be unlikely to consider a 20 year mortgage if your retirement date is 60 for example as that is only 8 years away.
      Do your financial calculations carefully and make sure this is not going to put you under any financial pressure as you need to be reducing debt as you get closer to retirement


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Maya Fisher-French author of Money Questions Answered

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