Success in property investment requires consistency, a longterm plan, and adaptability to market changes. Avoid speculative investments and focus on building a stable, growing portfolio. Best advice🤓
I've been following you Louis and now Jaco because of you, I'm learning alot looking forward to attending seminars in the new year. I'm in Cape Town the trick here is having good knowledge of the suburbs in Cape Town individually as certain claster of people live in certain suburbs and a certain popularly work in certain suburbs.
Wow amazing! I love this. I am a new starter in property investment. I have 2 properties in Cape Town. I literally sit work while listening to your TH-cam videos and wow! I think the knowledge I gain from your videos are massive. I wanted to pay my properties off quicker but after watching this, I need to relook my strategy. I bought one of my property a year back in Milnerton and today it has increased to R50 000 more in market value so investing in Cape Town is not that bad. I am planning to start my investment portfolio in Johannesburg. Thank you for this education!
Thanks for this Louis awesome viewpoint from you guys. Cape town is crazy expensive even on rentals😮 I definitely think you can have a property or two in Cape Town but you better off in other places when you buy more
Thanks so much for watching. I agree, CT is a great place but prices are inflated compared to other areas. But there people doing really well in the CT market
Thanks very much for this video. I'm 23 years old looking forward to start building my portfolio. After watching this I'll definitely have to go to one the Prosperity Enterprises seminar to get guidance and invest in myself first. Thanks Louis, hopefully I'll meet you one day in the process of building to thank you in person. Salute
Hi Louis en Jaco! Baie dankie vir die awesome video. Ek het 2 vrae: 1.) Met Refinancing bedoel julle ‘n tweede verband op die huis? So dus prokureurs kostes om die verband te registreer oor die eiendom? 2.) As jy dan daai geld (wat beskikbaar word met die Refinancing) uithaal uit die huis uit, en gebruik om jouself te finance vir ander property, sit jy nie dan met n groter paaiement want gaan maak dat jy negatief Cashflow nie? Ek kan sien hoe mens jou wealth “groei” deur n slegte property te koop, werk te doen en dan te Refinance vir heelwat meer as wat die Renovations gekos het, maar in my ervaring kan mens nie rerig daai geld uitvat omdat die huurinkomste nie so hoog is oor die algemeen. Dit hang seker ook maar af waar die property is en vir hoeveel jy dit gekoop het. Enige gedagtes en of terugvoer sal waardeer word! :)
1. Yes basies ' verdere lening. ( belangrike punt is dat jy tydens registrasie die eindom vir die hoër waarde registreer sodat jy nie later weer registrasie fooie hoef te betaal nie). 2. Jy is 100% reg, die belangrike deel hier is dat as jy die geld leen op die eindom dat sy inkomste wel die verdere skuld kan bekostig, anders veroorsaak dit effektief 'n grootter shortfall wat kan deel wees van 'n tax reduction strategy en nie cashflow strategy nie.
Baie dankie Louis! Jy hoef regtig nie te antwoord nie, ek weet jy is besig. Ek verstaan netnie hoe ‘n eiendom vir hoër geregistreer kan word wanneer jy hom die eerste keer koop en daar nognie werk gedoen is nie? Wat mis ek? Dan ook, is dit die verband prokureurs wat dit doen of die conveyancers?
I buy, renovate and sell property and have been doing this in my own name. If a property is in a trust and I sell it, is the process exactly the same? By this I mean, does it take the same time frame to register in the new owners name? are there additional costs? When purchasing , what documents is required etc?
No need to be anxious, you’ve done very well for yourself! 👏🏽👏🏽👏🏽 Also, the costs of setting up and administering these structures sometimes outweigh the benefits. I have done the calculations and for me it made no sense to use these other structures. If however you want to move your properties into a company/trust structure you can always do it at a later stage, at an additional cost obviously…
Well done on the 5 properties that you have acquired! We can assist you with the restructuring of these properties. We also do the structuring and administration at very reasonable fees.
My two mentors in 1 video. Thank you guys so much for educating us. The content you provide speaks volumes to the average hardworking south african. 🎉
Thanks for watching my friend. Appreciate the support. Glad that the content helps. Share it with the people you know will benefit from it 🙌🏻🙌🏻
Thank you so much for the comment. Appreciate it.
Success in property investment requires consistency, a longterm plan, and adaptability to market changes. Avoid speculative investments and focus on building a stable, growing portfolio. Best advice🤓
Concise and insightful. Sharp and engaging questions that add real value from Louis. A must watch!
Thank you for your comment, Appreciate the positivity and the support.
I've been following you Louis and now Jaco because of you, I'm learning alot looking forward to attending seminars in the new year. I'm in Cape Town the trick here is having good knowledge of the suburbs in Cape Town individually as certain claster of people live in certain suburbs and a certain popularly work in certain suburbs.
Thank you Khanyile. Looking forward to meeting with you in the future!
"Howzit Louis, it's guys here" Ekt daai een geniet. Baie dankie vir jou videos
Thanks man bly jy het dit geniet 😁💪🏻
Amazing educational video on property Louis, thank you! 🙏
Awesome, glad you liked it 💪🏻💪🏻
This was powerful. God bless you all🙏
Thank you!
Thank you so mucn 💪🏻💪🏻
Awesome duo!!
Wow amazing! I love this. I am a new starter in property investment. I have 2 properties in Cape Town. I literally sit work while listening to your TH-cam videos and wow! I think the knowledge I gain from your videos are massive. I wanted to pay my properties off quicker but after watching this, I need to relook my strategy. I bought one of my property a year back in Milnerton and today it has increased to R50 000 more in market value so investing in Cape Town is not that bad. I am planning to start my investment portfolio in Johannesburg. Thank you for this education!
Beautiful!
💪🏻💪🏻
Thanks for this Louis awesome viewpoint from you guys. Cape town is crazy expensive even on rentals😮
I definitely think you can have a property or two in Cape Town but you better off in other places when you buy more
Thanks so much for watching. I agree, CT is a great place but prices are inflated compared to other areas. But there people doing really well in the CT market
What a valuable video!👏👏👏
Thank you so much
Love these types of videos, I get the opportunity to learn a lot, Thank you!!
Thank you!
You guys are legends.
Jaco brings so much knowledge and an open minded approach.
Thanks Guys...
I mean, Louis. 😜
Thank you Dustin.
💪🏻💪🏻😁Thanks for watching. Jaco has a lot of knowledge to share.
Wow this was mind blowing thank you so so much
Thanks Andrew!
I'm buying the book tomorrow 💯🔥 very educational, I'm only 23 and I want to start now , always been interested in real estate
Well done. Keep on learning. The earlier the better 💪🏻💪🏻
Great discussion!!
Thanks for the awesome video, will definitely reach out to Prosperity Enterprises
Thanks for reaching our Jacques!
Thanks very much for this video. I'm 23 years old looking forward to start building my portfolio. After watching this I'll definitely have to go to one the Prosperity Enterprises seminar to get guidance and invest in myself first. Thanks Louis, hopefully I'll meet you one day in the process of building to thank you in person. Salute
Thanks Evan. Looking forward to meeting with you!
Hi Louis en Jaco! Baie dankie vir die awesome video. Ek het 2 vrae:
1.) Met Refinancing bedoel julle ‘n tweede verband op die huis? So dus prokureurs kostes om die verband te registreer oor die eiendom?
2.) As jy dan daai geld (wat beskikbaar word met die Refinancing) uithaal uit die huis uit, en gebruik om jouself te finance vir ander property, sit jy nie dan met n groter paaiement want gaan maak dat jy negatief Cashflow nie? Ek kan sien hoe mens jou wealth “groei” deur n slegte property te koop, werk te doen en dan te Refinance vir heelwat meer as wat die Renovations gekos het, maar in my ervaring kan mens nie rerig daai geld uitvat omdat die huurinkomste nie so hoog is oor die algemeen. Dit hang seker ook maar af waar die property is en vir hoeveel jy dit gekoop het. Enige gedagtes en of terugvoer sal waardeer word! :)
1. Yes basies ' verdere lening. ( belangrike punt is dat jy tydens registrasie die eindom vir die hoër waarde registreer sodat jy nie later weer registrasie fooie hoef te betaal nie).
2. Jy is 100% reg, die belangrike deel hier is dat as jy die geld leen op die eindom dat sy inkomste wel die verdere skuld kan bekostig, anders veroorsaak dit effektief 'n grootter shortfall wat kan deel wees van 'n tax reduction strategy en nie cashflow strategy nie.
Baie dankie Louis! Jy hoef regtig nie te antwoord nie, ek weet jy is besig. Ek verstaan netnie hoe ‘n eiendom vir hoër geregistreer kan word wanneer jy hom die eerste keer koop en daar nognie werk gedoen is nie? Wat mis ek?
Dan ook, is dit die verband prokureurs wat dit doen of die conveyancers?
Huge value here
Thanks Geoff!
Jeepers. This was fire, thanks guys!!
Pleasure my friend. Thanks for watching 👊🏻 💪🏻
very informative
Thank you so much for watching 💪🏻
This was SO good!! I have 3 pages of notes 😄
Thanks Michelle.
I wish this was live, but it was a great video ...
Thanks John.
I buy, renovate and sell property and have been doing this in my own name. If a property is in a trust and I sell it, is the process exactly the same? By this I mean, does it take the same time frame to register in the new owners name? are there additional costs? When purchasing , what documents is required etc?
The process is exactly the same as for the transfer cost. Just keep in mind the capital gains factor, it is different with trusts and company.
"Hi Louis its guys here"😂😂😂 had to play it again 😂😂😂 love it
Only 3 main ways to become a USD millionaire:
1. Personal Finance
2. Business
3. Real Estate
lekker ouens goeie info
Baie dankie 🙌🏻🙌🏻
🙏🙏🙏
💪🏻💪🏻💪🏻
Brilliant presentation 👏. I have a pty ltd owned by a trust. Which is best to buy property for cash, trust or company?
Soooooo already bought a property in my name. What can I do now?
Cheap for outsiders not locals
Does anyone know how I can contact Sheriffhq? Their number doesn’t work 😞
🗣️Do you know anything about purchasing properties with Bitcoin and crypto
No not really. But you can think of BTC as a cash transaction.
Nou weet ons wat jy weet
Lekkerrrr 💪🏻💪🏻😁
The anxiety I get while watching these videos 😢😢😢I have 5 & they all in my name
No need to be anxious, you’ve done very well for yourself! 👏🏽👏🏽👏🏽
Also, the costs of setting up and administering these structures sometimes outweigh the benefits. I have done the calculations and for me it made no sense to use these other structures.
If however you want to move your properties into a company/trust structure you can always do it at a later stage, at an additional cost obviously…
Well done on the 5 properties that you have acquired! We can assist you with the restructuring of these properties. We also do the structuring and administration at very reasonable fees.
@@prosperityenterprises5840how do i book a session
So man you suggest that I I open business account and buy house in it
A business / trust (combination thereof). With its own bank account. Not a business account