Tuesday, June 3, 2008

SA Market Ripe for Property Investment

Expert Says Invest in Property

An article published on the Bizcommunity website reports on a recent visit by Dolf de Roos to South Africa. De Roos is an international speaker, educator, investor and author of eight best-selling books on property, including the New York Times bestseller, Real Estate Riches. He has run property investment seminars for over 20 years and is “passionate about the psychology of wealth”.

During a recent presentation made to 800 guests hosted by the Private Property Group at Montecasino, de Roos put across a strong message that “there is ample opportunity to generate wealth through property, especially in our current economic climate”. Private Property sponsored the expert’s trip and hosted this particular event for valued clients and business partners.

Justin Clarke, chairman of Private Property Holdings, says, “Dolf reminded us that we should not get stuck in the moment. If we look at how property prices grew during the up-cycle, most of us have done pretty well, even with a small decline in the market”.

Clarke adds the he was “fortunate enough to spend a fair amount of time with [de Roos] and was impressed that [he] took the time to understand the SA market. He was able to apply his international experience to developing a real opinion on what’s happening here”.

When asked by someone at the event if de Roos would risk investment in South Africa, his reply was simply, “What do you think I’m doing here?” The expert’s seminars aimed at teaching people how the world is dealing with the property market downturn and what South Africans could do to capitalize on the situation.

According to Clarke, “My lasting impression is of a powerful, immensely wealthy man who was content to fly Kulula and mucked in to unpack boxes when necessary. He showed a better depth of knowledge of the subject matter than any other property guru I have met to date”.

He adds that, “Private Property Holdings is extremely confident in the property market, which is why we were delighted to sponsor the events and share Dolf’s positive outlook with guests and delegates”.

The information in this article is courtesy of Private Property (“Invest in property,” says international expert”, Bizcommunity, 3 June 2008).

If you would like to buy or sell property in South Africa, please visit www.sahometraders.co.za.

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