Mr Henry Chitsulo highlgighted on various professional team involved in developing a property in South Africa. A property developer is the entrepreneur, the dreamer, the visionary, who puts the project together in concultation with his/her team.
“First, accept that property is always a long-term investment with ups and downs. If you are out for a quick buck, you will not find it in property.
“Second, set yourself the goal of building up a property portfolio which you expand steadily. Do not sell your investment property, even to buy another.
“Third, do not rush this process: Avoid the temptation of buying many highly bonded properties. Rather buy one and gear it correctly before you move on to the next purchase. Later, as your income increases, it may be possible to buy more than one property at a time.