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The video was recorded when the prime interest rate was 7.5%

Hi Prudence, NPV = the sum of all future discounted cashflows... i.e. you will earn up to R8M in future cashflow discounted with inflation.

Thanks.

Highly doubt it. the video was recorded 3 years ago.

Thanks :) and check out my other channel, PropertyBull. I'm much more active on that one.

You are welcome.

Thanks, glad to hear it!

Yeah, I spent hundreds of thousands of rands to build this app, so I'm going to promote it.

Hi there, you can get my book here: www.penguinrandomhouse.co.za/book/financial-freedom-through-property/9781776095049

My programs range from 6 to 24 months. Each program includes: > Monthly 1-on-1 sessions with me > Access to all my tools and templates > Introductions to a dedicated professional team > Exclusive online content > Whatsapp and email support The 2024 price ranges between R45k (6 month program) and R150k (2 year program).

Depending if you trust the contractor, you can provide an additional set of keys for easy access.

Check me out on my other channel: youtube.com/@laurensboel

@@LaurensBoel awesome :)

The process started last July (2022) and it ended 21 April 2023.

Hi Mpho, I'm not sure to be honest, but I don't think it's your problem anymore. I would recommend to speak to an attorney and understand your options and the associated implications.

It would be better to go through a business (pty), as you have more tax advantages. To register a company, you must go to www.cipc.co.za/

Not sure I understand the question? I invested in new builds because of the section 13 sex act benefit and to diversify my portfolio away from Gauteng.

Hi Olu, thanks. You might like my other channel too: www.youtube.com/@laurensboel You have to use prepaid meters to control consumption based costs.

Hey Gents, I tried installing instant water heaters, specifically the Speedheat showerhead, to tame the electricity costs of heating up the water. Tenants complained that this wasn't making the water hot enough, water would be luke-warm during showers. Now my geysers have a timer, they switch on in the mornings and afternoons, during the day they remain off, no one has complained about this. For the stoves, I have not tried this, but I think an isolator switch with a timer could help. These will automatically switch off after a couple of minutes once the timer runs out, this helps with the problem of students forgetting to switch off stoves when they are done using them. I also keep an open communications channel with my tenants, since I am new to this, I like to get feedback from them to find out what works and what doesn't

That is not uncommon, as developers bring oversupply to the suburbs, preventing any real rental escalation and capital growth... another reason why I focus on lower income areas instead ;)

Yes. You have to be completely transparent with the owner about renovations.

It would be the same process for sectional titles and freehold properties.

Yes, once finance is approved, it will be allocated to the deal you are working on. If the deal doesn't proceed (i.e. the OTP is in breach), then finance will not be given and you will have to apply for new finance once you have signed a new OTP.

Yes, finance will be allocated to the specific deal listed on the OTP. If the deal falls through, the finance is no longer applicable and you will have to reapply on your new deal. Some people use the equity release strategy, which is when you have a paid off house and you request finance on that house. Then you can use the finance your paid off house has generated to invest in another deal.

It's due to concentration risk. SA Commercial Banks don't want full exposure to the entire title deed. They will finance up to 30% of a title deed.

@@LaurensBoel then two or three banks could jointly finance the property?

@@forgotmyname11 correct, if you are going for home loan terms. If you opt for commercial finance, you can get one financier

ARV = After Repair Value - market value of the property after renovations/improvements have been made MOA = Memorandum of Agreement - is a written document describing a cooperative relationship between two parties wishing to work together

Here is a playlist breaking down the costs of Deal Analysis: th-cam.com/video/M98uKjhYBCA/w-d-xo.html

I have had a similar experience. We bought a student house in Cape Town and it took 9 months to transfer. After 3 months, we decided to sign an early occupation clause into the OTP, which gave us control of the asset and at least allowed us to start placing tenants and making an income. You might want to consider something similar.

Hi Miles. I did an interview with a bond originator about finance options for international investors. Check out the video, it should answer your query: th-cam.com/video/qpVuBqa5Pyw/w-d-xo.html

👍

Hi there. You are welcome. Yes I live in Cape Town and invest mostly in Johannesburg, so everything I do is remote. I have a management team that does everything from inspections to tenant placements and evictions. It's possible to invest remotely, but best to do so with the help of a coach / expert. You can find useful content on my other TH-cam channel: th-cam.com/users/LaurensBoel

Check out this video regarding tax: th-cam.com/video/vlhoirz0Qjo/w-d-xo.html I am always looking for deals, but I have many agents working for me already :)

That's great to hear. It is your job to understand the investment and make a decision. Good luck :)

Our pleasure!

Thanks :)

At any exclusive books or at this link: www.penguinrandomhouse.co.za/book/financial-freedom-through-property/9781776095049

:)

No dividends is not a taxable expense. It is paid after tax.

It's my pleasure

Definitely possible. I have many students who live overseas and invest virtually in South Africa.

Hi Johanna, it depends on the contracts signed between both parties. Normally, once the transfer has taken place, the seller would need to vacate the property, unless an occupation agreement has been agreed and signed.

Sorry, these slides are owned by TPN. I don't have access to them.

Thanks Tayla. You can check out my other channel. th-cam.com/users/LaurensBoel. I've got a market update for Western Cape scheduled for release in 2 weeks.

That's great. Well done!

Glad you enjoyed it!

I'm not sure to be honest. I have only invested in the SA and UK market.

Hi John. I think I know who you are talking about. Yes it is possible to get 104% LTV's... but I wouldn't recommend this approach. Overgearing is incredibly risky, especially in the current market conditions where we are expecting a few rate hikes. I prefer to put a 10-30% deposit down to increase my cashflow and reduce my risk exposure. It does mean though, that you will have to save the capital and potentially take longer to begin investing.