Unit Property Brokers & Administrators

13/11/2024

Property To Let Paarden Eiland.
Warehouse or workshop measuring 1500m.
400amps 3 phase power supply.
Available - negotiable.
Rent - R112,500 per month plus vat.
Contact Les on 0834410043

10/01/2022

Gooooooood morning Cape Town! It’s a new dawn, a new day, a new year. Let”s start this year with vim and vigor. The past 2 years have been dreadful and we need to get back to work with a positive outlook. The emphasis is on “Back To Work”. Let’s get on with it. See you out there.

21/06/2021

Warehouse / factory / workshop To Let - Paarden Eiland. Stand alone property in a prominent location.
600 square metres @ R39,000 per month plus v.a.t.
Call Les for more information 0834410043

04/03/2021

I see lots of new likes so to all of those of you who liked my site - thank you very much.

24/09/2020

Just a little Humour

A new teacher was trying to make use of her psychology courses in class.

She started her class by saying, “Everyone who thinks they’re not smart, stand up!”

After a few seconds, little Johnny stood up.

The teacher said, “Do you think you’re not smart, little Johnny?”

“No, ma’am, but I hate to see you standing there all by yourself!”

22/09/2020

"No act of kindness, no matter how small, is ever wasted."
- Aesop

17/09/2020

How to make a Peppermint Crisp Pudding Milkshake

A lot of people ask me, Suzelle, what is your favorite South African dessert to make for special day like Heritage Day? That is why I decided to shake things...

15/09/2020

Renovating for profit

If you’re pursuing a 'renovate and flip' strategy, not only do you need to become an expert in the suburb that you’re intending to buy, but you also need to be smart about what you decide to renovate to generate the highest return possible.

1. Assess risks
Like any investment, some risks come with the 'renovate and flip' strategy. The greatest risk is that you may be unable to sell the property for a profit or you may not be able to sell for the profit margin that you set out to achieve. To manage these risks, you need to be realistic not only about your budget and profit margin but also about the time and planning of your renovation project. Enlist the services of professionals to ensure that you don’t make the wrong decisions.

2. Define your strategy
You need to consider whether you are planning to sell or hold the renovated property. If you’re planning to sell, you want to ensure that a quick profit margin will be guaranteed. If you’re planning to hold the property for a period, then you want to ensure that it will benefit from capital growth.

3. Market research
Become familiar with the property prices and market conditions of at least three neighbouring suburbs of interest. Research renovated properties like the one you’re thinking of buying so you can estimate a realistic sale price for your property.

4. Property selection
Once you’ve selected the suburb, you need to decide which type of property is likely to outperform the market. Ideally, you should find a property for 20% below the median price for the suburb that is cosmetically distressed (such as poor paintwork or outdated interiors), as this will ensure that it has good renovation potential.

Read the full article here: http://ow.ly/eNEQ50AZkCs

10/09/2020

Top tips when buying real estate

Do you know why it’s not wise to make any huge purchases or move your money around three to six months before buying a new home?

Message me to receive your free report entitled 'Top Tips When Buying Real Estate'. Get the answer to this question as well as tips to get the most out of your money.

08/09/2020

I'd love to hear from you and get your opinion about my newsletter! I am always looking for new ideas and ways to improve. Do you have any questions I could address in my next newsletter or any comments or ideas you would like to share?

Please feel free to send me a message.

Thanks for your input; it is important to me!

03/09/2020

Tax season 2019/2020: Capital Gains Tax explained

It is not uncommon to misunderstand how Capital Gains Tax (CGT) is determined and applied when it comes to the sale of your home or investment property.

Defining CGT
In simple terms, CGT is payable by individuals, trusts and companies when you sell a property that has increased in value since you purchased it.

Income tax obligation
CGT forms part of an individual’s income tax obligations; it is, in other words, not a separate tax, and therefore must be accounted for/declared in the annual income tax assessment (IT34). Regardless of when the property was originally purchased, CGT is payable if there is a profit gain on or after 01 October 2001.

Primary vs secondary
A primary residence is considered the home used for personal use; in other words the home you most regularly live in. SARS considers the sale of your primary home as CGT-exempt up to the first R2-million gain. A second home sale has no CGT exemptions or exclusions that can be applied.

How profit/loss is determined
Deduct the original cost of the property from the amount that the property was sold for. This will indicate the profit or loss that has been realised.

The terminology used for defining the original cost is 'Base cost'. Base cost includes the original price paid, less all the costs incurred during the ownership period, e.g. renovations, transfer costs and duties, attorney's fees and agent’s commission.

Read the full article here: http://ow.ly/erU250AZklU

27/08/2020

We'll bend over backwards to get you the highest possible price for your home.

The decision to sell a home is dependent on many factors. Whatever your reasons are for selling, our proven effective marketing strategies will ensure that you get the highest possible price for your home. We guarantee to provide you with professional, ethical and confidential service; and keep you fully informed every step of the way.
Call or text me today.