Expert Property Advice: First-Time Buyer Tips & Investment Strategies with Rowan Alexander

In this Q&A episode, Rowan answers your questions about key aspects of the South African property market. He covers topics such as mortgage bond strategies for first-time buyers, using access bonds for flexibility, and tax-efficient ways to manage investment properties.

Rowan also provides valuable advice on property purchases with cash, the importance of deposits, and the benefits of owning property through entities.

He tackles issues like property insurance requirements, interest rates, and property VAT, offering expert advice to help you figure out the complexities of property ownership and investment in South Africa.

Whether you're a first-time buyer or an experienced investor, this episode offers practical insights and tips to help you make informed decisions in the dynamic South African property market.

Chapters:

00:00 Introduction

01:27 Should first-time buyers with R200 000 savings put it into an access bond, and how does paying extra affect capital gains tax?

03:08 What happens if the access amount exceeds the bond balance?

04:09 Sponsor segment

05:18 What is a reasonable price reduction for cash property purchases?

08:45 Do banks consider deposits when determining your interest rate?

10:02 Positive feedback: "This video helped me not sell my two apartments."

10:29 Is it better to register property in an entity or personal names when there are multiple owners?

11:52 Expropriation risks in South Africa: Is it too risky to buy property now?

15:35 Can you buy property in South Africa with cash from abroad?

17:04 What websites do you use for mortgage bond and financial flexibility calculations?

17:51 Does anyone want interest rates to stay high or go higher in 2025?

19:02 Can you claim VAT on a property purchased from a VAT-registered seller through a VAT-registered company?

22:23 "Watter K@k?"

23:18 Can you apply for consent use instead of full rezoning for a multi-let property?

24:58 How does the bank handle joint bonds in terms of account payments?

25:29 Comment: "Want to buy property in Odisha, India? Contact me."

25:42 Can you use equity from a paid-off primary residence to buy an investment property?

26:36 A viewer shares their mortgage bond strategy: weekly payments, renegotiating interest every two years, and paying early.

29:56 Does Rowan offer mentorship?

31:25 Is home loan insurance compulsory when the loan is approved?

Special thanks to the sponsor of this episode: Mortagage4U Mortgage4U - Bond Origination & Home Loans Experts

If you’re interested in purchasing your first property, or keen on building your property portfolio, subscribe for the very best insights into the South African property market!

Our Channels:

Youtube: https://www.youtube.com/@propertycornerZA

Spotify: https://open.spotify.com/show/2pKjGULdiq84n18mKQZGW9?si=fffd987dc4234feb&nd=1&dlsi=0cf65b48115d4863

Apple: https://podcasts.apple.com/us/podcast/the-property-corner-with-rowan-alexander/id1683273264