Benefits of Rental Properties
Rental properties in Sandton, South Africa, can help you round out an investment portfolio and create an ongoing income stream.
Many people are dissatisfied with the small returns that are being provided on investments and savings accounts, which means more and more people are looking at rental property investing.
One of the biggest benefits of rental properties is the direct income stream from renters. Monthly rent checks go straight into the business account to offset any expenses for the month. In addition to this income stream, you also get income from the property value growth. This will be a variable thing and it can depend on the location of your rental property.
Doing repairs like repainting the home or finishing the inside can add value to your home without a lot of financial setbacks. This will allow you to charge more for rent and also increase the value should you choose to sell the property in the future. If you enjoy home improvement projects, this can be an attractive reason to buy rental properties.