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Sean Wheller
Home arrow Blog
Feb 03 2008
Property Investor Network Birthday
Sunday, 03 February 2008

It's one year ago since we launched our Property Investor Network website and it's still rocking and growing everyday. In one year we have achieved much and have over 1500 members. We've held our Investor Letting Workshop four times with great response and positive feedback from property investors. The course is even attened by property professionals such as principle estate agents. The forum is widely acclaimed as the best forum on property investing in South Africa and, some months, gets more page views than websites like Property 24. Amazingly the site sometimes also gets more page views that sites like iafrica who have a broader reach because they are not limited to the subject of property alone.

Feb 03 2008
Launching Stock Investor Network
Sunday, 03 February 2008

Finally we're out the gates and we're telling the world that Stock Investor Network is here. Over the next few weeks we expect to have thousands of hits to the Stock Investor Network website. We're offering people who register 5 FREE e-books and not just any old e-books, but five quality publications that people normally have to pay for. We hope that this will encourage people to register and take part in building Africa's first web-based trader community.

Feb 01 2008
Property Owners Sigh a Relief
Friday, 01 February 2008
Yesterday the Reserve Bank decided to leave rates unchanged. I could almost hear the country sigh a sigh of relief, but while this is good news for home owners, it may not be the best news for vulture-like property investors like myself. Myself and other property investors that have held cash reserves during the recent property boom have been enjoying the pressure on property sellers which interest rates have brought about.
Jan 20 2008
Growing on Mid and Upper Market Pressure
Sunday, 20 January 2008

As the shine on the property market dulls amid concerns for rising interest rates that have come close on the back of a new national credit act, many people are losing interest in property. Personally I think this is great news as it is giving sellers more of a hard time selling their property and placing over exposed investors under pressure to keep financing their increasing shortfalls on their bad buys.

It's great news for property investors who have paced themselves and not been sucked into the fever and hype of the South African property boom. Pressure on the market has been building for sometime and we have, for a few months now, started to see seller become more flexible at the bargaining table. In some areas we've noticed that average asking prices have actually decreased. Doing some back referencing, we've seen that these area's have been under pressure for near a year.

Jan 18 2008
Will the real Mr. Web 2.0 please stand up
Friday, 18 January 2008

I can't help but wonder about the state of the South African Internet as a place for commerce. The South African Internet and its' marketers seem to face so many obstacles. Now speak to any person doing business on the Internet and the first and most foremost thing they will complain about is the poor DSL services and bandwidth limitation caps that limit what one can do. But this post is not another tick on the wall complaining about Telkom and their amazing lack of service or understanding that access services to the Internet should be considered as a basic public utility, like electricity or water.

No sir, that problem is just one of many and I think need no further discussion from me, there are enough other activists out there doing that.

Now I can see what what you're thinking, "OK, this guys going to talk about the prohibitive hosting costs." Well, no. It's not about that, although just so you know, I agree that is one of the challenges Internet Marketers in South Africa face. This post is also not about the total rip-off by our banks when it comes to charging on merchant accounts, nor the crazy monetary policy that restricts us on taking money off-shore and taxes us heavily if we need to repatriate funds back to our local banks.

No, this post is about something even bigger than these problems.

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