Property Investor Percy Singo Shares Crucial Advice To People Who Aspire To Enter The Property Investment Business
Property Investor Percy Singo Shares Crucial Advice To People Who Aspire To Enter The Property Investment Business. In an interview with Zwannda Nana, South African property investor Percy Singo took his time to share some crucial advice to people who aspire to enter the property investment business.
He said, “The advice would be to buy the stand, because the stand is power, when you’ve got the stand you’ve got the flexibility to do what you want. So if you decide tomorrow that you want to start a restaurant for example, if you’ve got the stand you’ve got the flexibility of changing that stand into a restaurant, so that’s what I would advice to say when you buy a house you must consider that don’t just jump and say I want to buy, you have to do a little research and get those facts rights, which is the stand, it’s one of the major things you must focus on, to buy a house is not an investment, what you do behind the house is what is an investment, so you have to ensure that you get a bigger stand when you buy a house.”
Buying property for business or as an investment is different to when one is buying it for personal use. This is why it is important to consider Singo’s advice as it will help property investors to fully maximise their earning opportunities with the property that they have bought. He advices people to ensure that they have the power to make sure that they can control what happens on their property, making sure that they also acquire the stand will definitely give them this power.
As a property investor, one should be looking to make sure that they buy property at conditions that will make it lucrative in an short period of time as this money can also be use to pay off the bond or can be use to buy another property so that the business can grow. Buying the stand is one or the ways that investors can make sure that they maximise the chances of the property being lucrative.