The past few years haven't been ripe with buying opportunities for rental property investors. Low interest rates and high homebuying demand drove home prices up in the double digits year over year. High real estate prices often lead to lower rental returns and make it harder to generate positive cash flow, a cornerstone of successful rental investing.
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South Africans celebrate their “Freedom Day” every April 27, when they remember their country's pivotal first democratic election in 1994 that announced the official end of the racial segregation and oppression of apartheid. Saturday is the 30th anniversary of that momentous vote, when millions of Black South Africans, young and old, decided their own futures for the first time, a fundamental right they had been denied by a white minority government. The first all-race election saw the previously banned African National Congress party win overwhelmingly and made its leader, Nelson Mandela, the country's first Black president four years after he was released from prison.
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