After running an investment property for 5 years at an average return of 24.6% per year. Here are my 7 guidelines to increasing the probability of success in an investment property business. [Thread]

1. Don't pay transfer duties. Buying anything under R1m or buying into a development means that you will not incur transfer duties. This fee is something to try avoid as it will significantly damage your returns. The under R1m market is more liquid and in higher demand anyway.
2. Buying a brand spanking new place has meant that I have had no major maintenance costs in the past 5 years. I can mention all things I’ve had to fix in the past 5 years: one door handle, minor paint work, one loose tap and a few hair line tile cracks.
3. The less space under your responsibility the easier to manage. I don’t worry about gardens or geysers. The place uses a central heating system supplying water to six units. Insurance for this is covered in my levies. It's also more energy efficient = reduced electricity bills.
4. Would you want to live there? Put yourself in a potential tenant’s shoes, if what you're offering is attractive, well priced, safe and comfortable you won’t have a problem attracting suitable tenants. If you aren’t confident that you can offer this, then don’t buy the place.
5. The most important work is finding a reliable tenant. I conducted many viewings on a one-to-one appointment basis, and didn’t rush the process. I allowed for a vacant month so that I could clean, paint & repair before move in day. After moving in they said it looked brand new.
6. Hiring an agent is a cop-out. With an agent, you are essentially starting a business you are trying to avoid doing work for. If you want to run an investment property you need to embrace the work. Not to mention this hurts your returns considerably.
7. Work in partnership with your tenant. You both have jobs to do in making this a success. The tenant must pay on time, look after the place and abide by rules of the complex. You must ensure it's a safe environment to live, and you are organised with communicating & invoicing.
Be nice (but don’t become friends now - no casual Whatsapping on weekends). Don’t raise the rent unjustifiably. But be very clear upfront on your expectations.

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Rig Ved 1.36.7

To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.

1/9


Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.

2/9

We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.

3/9

तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥

Translation :

नमस्विनः - To bow.

स्वराजम् - Self illuminating.

तम् - His.

घ ईम् - Yours.

इत्था - This way.

उप - Upaasana.

आसते - To do.

स्त्रिधः - For enemies.

4/9

अति तितिर्वांसः - To defeat fast.

मनुषः - Yajman.

होत्राभिः - In seven numbers.

अग्निम् - Agnidev.

समिन्धते - Illuminated on all sides.

Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.

5/9
Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to


Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.

Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.

Mueller's team was 100% partisan.

That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election

They looked high.

They looked low.

They looked underneath every rock, behind every tree, into every bush.

And they found...NOTHING.

Those saying Mueller will file obstruction charges against Trump: laughable.

What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?

THERE WEREN'T ANY.

Mueller got full 100% cooperation as the record will show.