Investing in property has always been a
sound choice and, in recent years, a very prudent one for the savvy investor.
Since the Global Financial Crisis in 2008
banks and other lending institutions have tightened their lending criteria,
making it increasingly difficult for consumers without a sound credit history
to acquire funding. This has led to a massive increase in renters, providing
the perfect supply-and-demand situation for anyone with investment properties.
Long-term rental is not only sector that
has spiked. Short term, holiday rentals have become a roaring trade through online
platforms like AirBnB, LekkerSlaap and TravelGround. It is very conceivable now
to not only cover monthly expenses, but turn a profit in certain areas
regardless of the time of year.