I’m glad this issue with bank finance is getting airtime. Banks in SA will finance liabilities but not assets, it’s been bizarre experiencing this issue as a young black business person.
This video is for us, but it also exposes how the capitalist mindset should be cultivated in the townships. We should be the captains of industry in markets that were developed by us
Did you buy the property in your personal name or Property Trust,I have been in real estate for about a10 years now as an agent(Property consultant) and some knowledge in the field. I want to start with flipping at the moment
R140k less bonds, less services et cetera would obviously leave a huge amount spare per month. Paying off bonds with excess will be a quick turnaround to generate security to receive financing for new projects. What am I missing in this interview? Granted starting from scratch an impossible feat for a person, but a successful model already generating a substantial monthly income can recreate this model by themselves.
Invite the big banks to the townships will be a big mistake ever made keep them way . the rise of the township economy should benefit the locals in mpumalanga some townships are now way above the so called suburb areas .
It doesn't end with Building Plans..it involves Town Planning approval as well which mostly will require Rezoning application which can be a 6 months process,
Technically just doesn't have to declare any income to sars untill she makes a million rand profit at which point she can another entity and repeat. SARS is cancer if you know where m going
Definitely saving this as one of my important videos.
Kasinomics, one inspiring book I ever read. It shows he understands the value proposition in the township setting.
I've been wanting to buy this book forever and ever! I just never get around to it. Now you've given me the push to just go get it.
Great interview. Great subject. So relevant and important but also so neglected and misunderstood.
Well done girl for this information
We are really facing serious frustration about funding and doing far better than investors in suburbs
I’m glad this issue with bank finance is getting airtime. Banks in SA will finance liabilities but not assets, it’s been bizarre experiencing this issue as a young black business person.
This is golden info. Thanks to the host and guests.
priceless insights. Please keep up with the interviews.Inspiring future leaders
Love this 👌
This video is for us, but it also exposes how the capitalist mindset should be cultivated in the townships. We should be the captains of industry in markets that were developed by us
🎉Great video. Welldone Nthabiseng
Wow, this very informative. I'm willing to use this business model in Lesotho. Damn!!!! Thank you very much.
Gg Alcock is an epic capitalist 🤝👍🏻👍🏻👍🏻
Great moves... ❤❤❤.
Inspirational
Loved this episode good work
Great interview.
That GG for you , ❤
Wow...what an inspiration. 👊
Did you buy the property in your personal name or Property Trust,I have been in real estate for about a10 years now as an agent(Property consultant) and some knowledge in the field.
I want to start with flipping at the moment
How can i get hold of Nthabiseng kindly share her social media pages
R140k less bonds, less services et cetera would obviously leave a huge amount spare per month. Paying off bonds with excess will be a quick turnaround to generate security to receive financing for new projects. What am I missing in this interview?
Granted starting from scratch an impossible feat for a person, but a successful model already generating a substantial monthly income can recreate this model by themselves.
Invite the big banks to the townships will be a big mistake ever made keep them way . the rise of the township economy should benefit the locals in mpumalanga some townships are now way above the so called suburb areas .
Tjhoo Nthabiseng I m inspired and really I would like to hook up with you. Thanks
It doesn't end with Building Plans..it involves Town Planning approval as well which mostly will require Rezoning application which can be a 6 months process,
Which is why she is turning 3 bedroom house to 6 bedrooms for time being. After all those processes she will be able to build whole huge building.
Thanks for this great insight.
Shout out to GG. Give that man a Bells.
Well said!!!
Banks are missing a sirious business but not being progressive
I hope she's up to date with Sars
Why would you doubt that she is? This woman raised capital for a business, I am pretty sure she has sought out an accountant.
My only concern is that she is not a fronting ....hopefully not ... she is a very intelligent lady
Technically just doesn't have to declare any income to sars untill she makes a million rand profit at which point she can another entity and repeat. SARS is cancer if you know where m going