The Financial Coach

I was recently approached by a client about whether or not I thought he should sell his rental property. Let’s take a look at the facts: Bought in 2001: R210k (a further ±R70k spent on renovations). Current value: ±R1.58m (he hopes) Current rental: R6000 pm (it’s a 27 m2 1 roomed apartment in Stellenbosch) Levies …