The latest available data for the Residential Property Market paints a clear picture:

👌House price growth remains a 2-speed tale between the 2 provincial powerhouses, with the Western Cape increasing year-on-year by 8.1% while Gauteng increasing at 2.8% and South Africa on average by 3.4%

👌 Time on the market of just 6.2 weeks in the Western Cape is clear evidence of a strong sellers market and is a likely indicator of more “above-average” price growth ahead

👌 The “recovery” of the Gauteng property market remains fragile with time on the market still at a “higher-than-historical average” of 13.6 weeks and stock available for sale at very elevated levels. 

If you want to take control of your Financial Future and build sustainable Wealth that will grow for generations to come, then ThePropertyCoach is the right place for you to invest in yourself and in your Property-specific education.

Our Education is practical, based on success stories and focused on action, not theoretical models. What we teach is inspired and built on the practical experience of Carlo Mariani, Founder of ThePropertyCoach, through his personal property investments and the experience of his mentors and students.

Wondering what books should you read as an aspiring or growing property investor?” Here are 3 of my recommendations (beyond the usual suspects):

📚 “Never eat alone” by Keith Ferrazzi. I’ve lived in SA for 25 years now but I was born and raised in Italy and food is a big thing in Italy, not just in terms of what we eat, but most importantly because of the social importance of getting together as family, friends and business associates. Property is a people’s business. Want to fast track your property success? Have more lunches and dinners with other property people.

📚 “The 100-year life” by Lynda Gratton & Andrew J. Scott. How do we change how we live, work and invest when our life gets longer and longer? Essential reading for those that still think they can save their way to financial “peace mind”

📚 “Atomic Habits” by James Clear, because becoming (and remaining” a successful property investor is more a matter of what we do regularly than anything else. Especially useful for those that lament a lack of time in their lives to find the right deals

And how do you make the most of these resources? Here are my 2 hacks:

• Use audiobooks. I love Audible. Convenient and also much cheaper than printed books as I read a lot.
• Treat this books like you would treat a university text-book. Use highlighters, take plenty of notes and share / discuss content with others as often as you can.

Carlo ThePropertyCoach