@fitnessclubx There are no benefits to buying in your own name , accept that it's easy. Buying in an enity gives you asset protection, tax benefits, estate planning, and growth potential 💪🏻
Thanks for this Louis. Ok this is so much simpler than most of the stuff out there. I took away a lot from here but I think this topic could be done in a series of videos. the first step is difficult for us. I've been on pause for a long time because of this. Would you be open to me helping out design a Step by step PDF? it would be for my learning but you can use it here as a download too. I think even though you verbally explain it, I would need a step by step guide plus a checklist on each step. this is important for setting up everything in the case you want to get more than 1 property. for instance don't buy property in your own name.....how do i even start with this.
Hi Louis, may you please if possible make a video on how to negotiate down a property. Things that you normally consider to negotiate it down, e.g if the property furniture needs refurbishing. Thanking you in advance.
I will definitely look into this. I always say the big advantage of property is that the price is never set. You can always negotiate even though there is nothing wrong with the property. If the sellers are desperate, they might just accept your offer.
So veel flippen knowledge. Hierdie word so veel waardeer. As n jong man uit die township is dit swaer om te begin. Jy bring letterlik lig , waardeer jou Louis
Sho, dankie vir jou boodskap. Dit gee my hoop en motivering om aantehou en ek vertrou dat die videos baie mense soos jouself kan help. Dankie vir jou boodskap! Moet nooit opgee nie! Hou aan om te leer oor high value skills en jy sal sukses behaal.
All you have to do is to draw up financial statements or get an auditors report. I am not employed by a company, and that is how I started. If you haven't already, check out my 2 latest videos. That should help you out with some extra knowledge 😁
I made this video, check it out. It should answer your questions th-cam.com/video/Ggym4H_CL7Y/w-d-xo.htmlsi=shoe54SZwmsg7Gxb I also made a course covering this and many more important topics if you are interested. To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. Don't miss out on this opportunity to get Early bird discount Use the coupon code : EARLYBIRDCOMBO to get 10% Discount on the Mentoring option.🤑 Use the coupon code : EARLYBIRD to get 20% Discount on the Full course.🤑 THE COURSE ALSO INCLUDES A 10% DISCOUNT TO SET UP A TRUST WITH PROSPERITY ENTERPRISES.
Hi Louis, I am 19 years old and have quite a stable income and want to start my journey with property investing. I have searched for quite a while for a properry investor in SA and you are the first, your content is very informative thus far. But I eill admit I am a noob in all this and have a few questions. 1. What do you mean by buying through an entity? 2. How much would you recommend to save up for a "startup" before investing?
Hi Andries, Thank you for your comment and for watching the videos. These are all great questions. Im glad that you have a stable income at a young age. It can help you fast track your success. I will be making a property course about these topics as well as other very important topics closer to the end of Novemeber. But to answer your questions 1. An Entity is like a Company or a trust. 2. It is recommended to have 10% of the property value in reserves and to be able to pay for transfer and regitrarion cost cash, which will change depending on the property value. Feel free to pop me an email at louisreynhardt@gmail.com for early access to the course or if you would like to chat via Zoom.
Thanks so much @nosizwemadoda6795 The course us live. The coupon code for the discount code expires next week. Feel free to check it out To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. Don't miss out on this opportunity to get Early bird discount Use the coupon code : EARLYBIRDCOMBO to get 10% Discount on the Mentoring option.🤑 Use the coupon code : EARLYBIRD to get 20% Discount on the Full course.🤑 THE COURSE ALSO INCLUDES A 10% DISCOUNT TO SET UP A TRUST WITH PROSPERITY ENTERPRISES.
There is so much to learn, but I think what Louis is getting right is the “just START” idea. Just start and you will learn so much as you go as well. If you follow a channel like this you are already on the right track. 🍃🧠 Well done Louis! 🥂
Hey Louis thank you for all the information you divulge through your channel, I'm a south African working in England how can I built my profile to a property back home?
Thanks for watching and supporting the channel. You just need to understand the property market in SA. You can always consider my property course as it holds a lot of value and important information. This is the best way to learn all the necessary skills to be a successful investor.There is also a mentoring option available which is the most popular option. To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process.
Not necessarily bad advice but the underlying reasons are off. E.g. reasons for putting down a deposit. A more appropriate reason is that it reduces the LTV ratio and overall risk associated with the loan as the collateral would cover the outstanding balance should the asset ever need to be liquidated in the event of default.
Great insight. Thanks for sharing. You are definitely not wrong. In my opinion, parking your own cash in property is more risky, especially if you default, because then your own cash forms part of the liquidation process. This means your own money is actually at risk. If you are fully leveraged, the main risk will sit with the bank. Hope that makes sense. It's a different concept to understand, but when you set up your structures correctly, it makes sense. Obviously, the idea is not to default, so let's call it a worse case scenario.
@louisreynhardt 100% does make sense but a higher LTV ratio also consequently results in a higher interest rate being charged to compensate for all the risk being taken on by the lender. Unless the money you choose not to put down as a deposit would yield the same amount, or more, in profits over the same term over what you would save in lower repayments, then it does not make sense.
Hi Louis, a few questions here: 1.Would you say, in general the bigger the deposit you can out down on a house/apt the better? To avoid high interest rates on a mortgage? 2. Better to buy a property in the name of a business or personal name? 3. Lets say a property costs R2.5mil, but you negotiate to buy it cash for R2mil - what is the face value of the apartment now / 2 mill or 2.5 mill? 4. If you are willing to buy a property cash, once off - what discount rate could you usually negotiate with an estate agent? 10% - 20% ? Cheers thanks
Thanks for watching 💪🏻 So 1. Yes, a bigger deposit can mean you avoid interest, but when investing in property leverage is your friend. Dont worry about interest your tenants pays for it, not you. 2.Yes never buy in your personal name. 3. You have R500k equity in this deal, so if the property is actually worth R2.5m, you have a few options, for example, refinancing the R500k. 4. Any discount is possible depending on the owner. Sometimes, people are very desperate. A 50% can be possible, but generally, I would try to aim for at least 20%
@@louisreynhardt Thanks for the advice Louis - I really appreciate it - if you ever have time how can I get in touch with you in future if I have more questions?
Hello Louis, thank you for the information you're sharing. My sister directed me to your channel since I have grown interest in property investment. I want to acquire as much knowledge as I can before diving into it. if you do consultions or have courses, how can I get in touch?
Thank you for your comment and for reaching out. I hope that this channel can help you reach your goals 💪🏻 you can pop me an email at louisreynhardt@gmail.com for one on ones or to gain early access discount to my property course that will be launching soon. Thanks for supporting the channel 💪🏻
Would you say it is currently a buyers market in South Africa with the interest rates being at an all time high and supply being higher than demand making for a good time to buy?
Absolutely! If you find a good deal, buy it. There will always be people saying dont buy because of the economy, but good deals in the long term yield great results.
@@louisreynhardt thank you so much I value your insight a lot.I know this might not be possible, but is there a chance that I can show you the property that I have bought with some photos and the price point that we purchased. Would love to have your thoughts on if it was a good deal and the rental yield we are getting.
You will have to be creative, an agent in the area can assist you or you can draw a report on the house to see if you can get the name of the onwer, search for them or even ask about it on facebook. You can leave a letter at the house or ask for muncipal rates and see if you can get the details there. There is obviously a reason why the house is abandoned. I would buy a run-down property if the bones of the property is still good
Does houses come with a guarantee or warranty? or is it, what you see is what you buy? That makes me scared into buying. Limited funds, buying a house in my price range (cash) (R800k) I have 0 funds left, then it rains 2 weeks after purchase.. Roof leaks like hell.. Who must fix the roof?
Great questions, Unfortunately older properties are sold "voetstoots" meaning you buy it as is. Only new developments come with some waranty but you pay a premium for these properties. You can always consider using leverage and still keeping your R800k in your bank account so that you always ba e a healthy reserve. Hope it helps. Thanks for watching
Hi Louis, great content and info. I'm wondering what happens when a bank approves your bond and then decide that the house is worth less than the offer you made? Will you be liable to pay the difference even if your condition was if the bank approves your bond? Can you renegotiate a lower offer based on the bank's valuation?
Great question, i would negotiate the price with the seller and explain that the banks valuation is very accurate and that you need to adjust the price. Honestly, otherwise, I would walk away. If the bank is not willing to risk it, neither should you. You can always add a suspensive clause in your OTP about financing to protect yourself.
Absolutely, that's one of the advantages of buying cash. You dont have any repayment obligations. There's nothing wrong with buying cash. I just always say, dont use your last available cash.
I do not have the right knowledge to really comment about what they are doing. But I think they focus on new developments? Just remember you should always benefit from a deal. Most of the time, they are the ones that will really benefit and not the investor. I would rather focus on gaining the right knowledge and starting alone at first and later move on to partnership deals, etc.
I would say having the right structures and having a good credit score combined with having a good bond originator is the key 🔑 . A lot of times, I only get 90% LTV, but my bond originator will always negotiate until I get 100%
Greetings Louis. I'm a fresh college graduate earning R12k a month. My credits score is poor. Do you have any recommendation of how I should commence. My goal is to first learn the process as a beginner.
Thanks for sharing my friend. Your willingness to learn will help you reach your goals. You can start by watching this video. Let me know if you have any questions th-cam.com/video/lKmw3G9o5Ng/w-d-xo.htmlsi=WZmhj08S7ngwZENE
Hey Louis. How much do you know about non residents investing in property in SA? My wife and I are keen to start doing this soon. So far from research we’ve done, we’ll need to have a South African bank account and are required to pay a 50% deposit then mortgage the rest if need be. This is the route we’d like to go but unsure of all the other nitty gritty details
Im not too clued up about this, but I think you need some type of permit from our home affairs to be able to do so, but im sure it's quite easy. A great idea would be to speak to a bond originator in SA to find out if you can qualify for a 100% loan and go from there 💪🏻
How do we get in contact? Loving the Vidz ,thought just bigger pockets was teaching the brrrr method...glad to have found a fellow south African doing it and applying it. I have a ton of questions 😭
Thanks my friend. Appreciate the feedback. Yeah, it can work anywhere when done correctly. You can send me an email at louisreynhardt@gmail.com if you would like to learn more . 🙌🏻😎
@@louisreynhardt Thanks. Which expenses do you list on your leases on Rentbook? Eg do you list your homeloan interest only or the whole home loan amount?
Hi Kyle, im so glad to hear. Yes, you should be able to . The best way to approach this is to speak to a bond originator and see what you can qualify for. As long as you are still a resident in South Africa you should be able to 💪🏻
Its difficult to g8ve personal financial advice. Make sure you gain yhe right knowledge first. TH-cam is a great place to start. Otherwise pop me an email at louisreynhardt@gmail.com 👊🏻
Hwzit louis. I'm a student at UCT and married at the same time. Ive never bought/ dealt with property besides thw place that i am renting now. Any tips for me to begin my property journey?
Thanks for watching. I would say focus on the fundamentals. Get a stable income(it can be small) Get a good credit score Build a emergency fund Setup the right structures/entities Gain the right knowledge Take the risks. Go and research these topics , or search for them on my channel. Goodluck my friend 💪🏻
I was looking for your email address to drop you an email on some questions about this topic as i recently bought a new property but had no knowledge of any of these things, so im hoping to get your insights on the current situation and the idea for the future. Any chance you could send me your email address? Thanks
Would you recommend buying your first apartment for you to live in yourself cash, and in your name though? If you have the amount and about R500k extra, so wouldn't be on my bare bum so to speak. This cash comes from working as a seafarer overseas if this makes any difference. I want to avoid paying interest on my personal home. I would appreciate your thoughts @louisreynhardt
Great question, I wish I could give you a simple answer. Feel free to pop me an email if you ever need more guidance louisreynhardt@gmail.com I would say yo never buy the property in your own name. Theres quite a few things to consider whether you buy to live or buy to rent out.
What part of the process dont you understand? Let me know and I'll try to help 🫶🏻
Hey could u please go in-depth on aquaring funding,deposits, refinancing etc
why is it not a good idea to buy properties under your name?
@fitnessclubx There are no benefits to buying in your own name , accept that it's easy. Buying in an enity gives you asset protection, tax benefits, estate planning, and growth potential 💪🏻
Thanks for this Louis. Ok this is so much simpler than most of the stuff out there. I took away a lot from here but I think this topic could be done in a series of videos. the first step is difficult for us. I've been on pause for a long time because of this. Would you be open to me helping out design a Step by step PDF? it would be for my learning but you can use it here as a download too. I think even though you verbally explain it, I would need a step by step guide plus a checklist on each step. this is important for setting up everything in the case you want to get more than 1 property. for instance don't buy property in your own name.....how do i even start with this.
@@louisreynhardt how to I get an entity to buy under, should I buy a shelf corp?
Hi Louis, may you please if possible make a video on how to negotiate down a property. Things that you normally consider to negotiate it down, e.g if the property furniture needs refurbishing. Thanking you in advance.
I will definitely look into this. I always say the big advantage of property is that the price is never set. You can always negotiate even though there is nothing wrong with the property. If the sellers are desperate, they might just accept your offer.
So veel flippen knowledge. Hierdie word so veel waardeer. As n jong man uit die township is dit swaer om te begin. Jy bring letterlik lig , waardeer jou Louis
Sho, dankie vir jou boodskap. Dit gee my hoop en motivering om aantehou en ek vertrou dat die videos baie mense soos jouself kan help. Dankie vir jou boodskap! Moet nooit opgee nie! Hou aan om te leer oor high value skills en jy sal sukses behaal.
Just realized that I can but a flat in Bloemfontein in less than a year. Getting paid on commission is the only limitation if I want to finance it.
All you have to do is to draw up financial statements or get an auditors report. I am not employed by a company, and that is how I started.
If you haven't already, check out my 2 latest videos. That should help you out with some extra knowledge 😁
Congratulations to you and your wife 🎉🥂.
Thank you for the video, really appreciate the gold nuggets.
Thanks so much 😁
" never buy property in your name, make sure your have the right intities in place". can you please make a video about this.
I made this video, check it out. It should answer your questions
th-cam.com/video/Ggym4H_CL7Y/w-d-xo.htmlsi=shoe54SZwmsg7Gxb
I also made a course covering this and many more important topics if you are interested.
To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. Don't miss out on this opportunity to get Early bird discount
Use the coupon code : EARLYBIRDCOMBO to get 10% Discount on the Mentoring option.🤑
Use the coupon code : EARLYBIRD to get 20% Discount on the Full course.🤑
THE COURSE ALSO INCLUDES A 10% DISCOUNT TO SET UP A TRUST WITH PROSPERITY ENTERPRISES.
Thank you.
💪🏻💪🏻
Great video Louis. thank you for explaining so well and help people who want to join the property investing bussiness
Huge pleasure, thanks for supporting the channel 🙏🏻
Hi Louis, I am 19 years old and have quite a stable income and want to start my journey with property investing. I have searched for quite a while for a properry investor in SA and you are the first, your content is very informative thus far. But I eill admit I am a noob in all this and have a few questions. 1. What do you mean by buying through an entity? 2. How much would you recommend to save up for a "startup" before investing?
Hi Andries,
Thank you for your comment and for watching the videos. These are all great questions. Im glad that you have a stable income at a young age. It can help you fast track your success.
I will be making a property course about these topics as well as other very important topics closer to the end of Novemeber. But to answer your questions 1. An Entity is like a Company or a trust.
2. It is recommended to have 10% of the property value in reserves and to be able to pay for transfer and regitrarion cost cash, which will change depending on the property value. Feel free to pop me an email at louisreynhardt@gmail.com for early access to the course or if you would like to chat via Zoom.
Hi Louis, when can we expect the course? Great content by the way 🙌🏾
Thanks so much @nosizwemadoda6795
The course us live. The coupon code for the discount code expires next week. Feel free to check it out To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. Don't miss out on this opportunity to get Early bird discount
Use the coupon code : EARLYBIRDCOMBO to get 10% Discount on the Mentoring option.🤑 Use the coupon code : EARLYBIRD to get 20% Discount on the Full course.🤑 THE COURSE ALSO INCLUDES A 10% DISCOUNT TO SET UP A TRUST WITH PROSPERITY ENTERPRISES.
There is so much to learn, but I think what Louis is getting right is the “just START” idea. Just start and you will learn so much as you go as well.
If you follow a channel like this you are already on the right track. 🍃🧠
Well done Louis! 🥂
Lekker Heinrich. Very true, Great advice 🙌🏻
Good content.Generational wealth
Exactly, keep building my friend 🙌🏻🙌🏻
0:01 What's up louis, it's Guy here..?????????? LOL
🤣🤣🤣 whatsuppp
Hey Louis thank you for all the information you divulge through your channel, I'm a south African working in England how can I built my profile to a property back home?
Thanks for watching and supporting the channel.
You just need to understand the property market in SA.
You can always consider my property course as it holds a lot of value and important information. This is the best way to learn all the necessary skills to be a successful investor.There is also a mentoring option available which is the most popular option.
To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process.
Not necessarily bad advice but the underlying reasons are off. E.g. reasons for putting down a deposit. A more appropriate reason is that it reduces the LTV ratio and overall risk associated with the loan as the collateral would cover the outstanding balance should the asset ever need to be liquidated in the event of default.
Great insight. Thanks for sharing. You are definitely not wrong. In my opinion, parking your own cash in property is more risky, especially if you default, because then your own cash forms part of the liquidation process. This means your own money is actually at risk.
If you are fully leveraged, the main risk will sit with the bank. Hope that makes sense. It's a different concept to understand, but when you set up your structures correctly, it makes sense. Obviously, the idea is not to default, so let's call it a worse case scenario.
@louisreynhardt 100% does make sense but a higher LTV ratio also consequently results in a higher interest rate being charged to compensate for all the risk being taken on by the lender. Unless the money you choose not to put down as a deposit would yield the same amount, or more, in profits over the same term over what you would save in lower repayments, then it does not make sense.
Hi Louis, a few questions here:
1.Would you say, in general the bigger the deposit you can out down on a house/apt the better? To avoid high interest rates on a mortgage?
2. Better to buy a property in the name of a business or personal name?
3. Lets say a property costs R2.5mil, but you negotiate to buy it cash for R2mil - what is the face value of the apartment now / 2 mill or 2.5 mill?
4. If you are willing to buy a property cash, once off - what discount rate could you usually negotiate with an estate agent? 10% - 20% ?
Cheers thanks
Thanks for watching 💪🏻
So
1. Yes, a bigger deposit can mean you avoid interest, but when investing in property leverage is your friend. Dont worry about interest your tenants pays for it, not you.
2.Yes never buy in your personal name.
3. You have R500k equity in this deal, so if the property is actually worth R2.5m, you have a few options, for example, refinancing the R500k.
4. Any discount is possible depending on the owner. Sometimes, people are very desperate. A 50% can be possible, but generally, I would try to aim for at least 20%
@@louisreynhardt Thanks for the advice Louis - I really appreciate it - if you ever have time how can I get in touch with you in future if I have more questions?
Hello Louis, thank you for the information you're sharing. My sister directed me to your channel since I have grown interest in property investment. I want to acquire as much knowledge as I can before diving into it. if you do consultions or have courses, how can I get in touch?
Thank you for your comment and for reaching out. I hope that this channel can help you reach your goals 💪🏻 you can pop me an email at louisreynhardt@gmail.com for one on ones or to gain early access discount to my property course that will be launching soon. Thanks for supporting the channel 💪🏻
Would you say it is currently a buyers market in South Africa with the interest rates being at an all time high and supply being higher than demand making for a good time to buy?
Absolutely! If you find a good deal, buy it. There will always be people saying dont buy because of the economy, but good deals in the long term yield great results.
@@louisreynhardt thank you so much I value your insight a lot.I know this might not be possible, but is there a chance that I can show you the property that I have bought with some photos and the price point that we purchased. Would love to have your thoughts on if it was a good deal and the rental yield we are getting.
Sure you can pop me an email at louisreynhardt@gmail.com and ill share my excel sheet with you aswell
How do i go about buying a abandoned house?
You will have to be creative, an agent in the area can assist you or you can draw a report on the house to see if you can get the name of the onwer, search for them or even ask about it on facebook. You can leave a letter at the house or ask for muncipal rates and see if you can get the details there. There is obviously a reason why the house is abandoned. I would buy a run-down property if the bones of the property is still good
@@louisreynhardt okay thanks for the reply.
Does houses come with a guarantee or warranty? or is it, what you see is what you buy?
That makes me scared into buying.
Limited funds, buying a house in my price range (cash) (R800k)
I have 0 funds left, then it rains 2 weeks after purchase..
Roof leaks like hell.. Who must fix the roof?
Great questions,
Unfortunately older properties are sold "voetstoots" meaning you buy it as is. Only new developments come with some waranty but you pay a premium for these properties.
You can always consider using leverage and still keeping your R800k in your bank account so that you always ba e a healthy reserve.
Hope it helps.
Thanks for watching
Hi Louis, great content and info. I'm wondering what happens when a bank approves your bond and then decide that the house is worth less than the offer you made? Will you be liable to pay the difference even if your condition was if the bank approves your bond? Can you renegotiate a lower offer based on the bank's valuation?
Great question, i would negotiate the price with the seller and explain that the banks valuation is very accurate and that you need to adjust the price. Honestly, otherwise, I would walk away. If the bank is not willing to risk it, neither should you. You can always add a suspensive clause in your OTP about financing to protect yourself.
Any books that can help or go into detail on property?
Absolutely, I would probably start with Laurens Boels' book. It's called financial freedom through Property . Great read 💪🏻
@@louisreynhardt Thank you !
I feel better making my first purchase in cash. I feel like there will be less pressure.
Absolutely, that's one of the advantages of buying cash. You dont have any repayment obligations. There's nothing wrong with buying cash. I just always say, dont use your last available cash.
What do you think about buying a property from places like propinvest?
I do not have the right knowledge to really comment about what they are doing. But I think they focus on new developments?
Just remember you should always benefit from a deal. Most of the time, they are the ones that will really benefit and not the investor. I would rather focus on gaining the right knowledge and starting alone at first and later move on to partnership deals, etc.
Is it possible to buy house without using the bank?
Absolutely, you will have to research "creative financing" for properties.
For every application I have done aside from my primary residence, I have to pay a deposit and 20years. How do you get around paying deposits?
I would say having the right structures and having a good credit score combined with having a good bond originator is the key 🔑 . A lot of times, I only get 90% LTV, but my bond originator will always negotiate until I get 100%
Greetings Louis.
I'm a fresh college graduate earning R12k a month. My credits score is poor.
Do you have any recommendation of how I should commence. My goal is to first learn the process as a beginner.
Thanks for sharing my friend. Your willingness to learn will help you reach your goals.
You can start by watching this video. Let me know if you have any questions
th-cam.com/video/lKmw3G9o5Ng/w-d-xo.htmlsi=WZmhj08S7ngwZENE
Where can we get details for your course?
You can follow this link : My Property Course & coaching: payhip.com/LouisReynhardt
Or you can pop me an email at louisreynhardt@gmail.com 💪🏻
Hey Louis. How much do you know about non residents investing in property in SA? My wife and I are keen to start doing this soon. So far from research we’ve done, we’ll need to have a South African bank account and are required to pay a 50% deposit then mortgage the rest if need be. This is the route we’d like to go but unsure of all the other nitty gritty details
Im not too clued up about this, but I think you need some type of permit from our home affairs to be able to do so, but im sure it's quite easy. A great idea would be to speak to a bond originator in SA to find out if you can qualify for a 100% loan and go from there 💪🏻
Cheers mate, appreciate the response
How do we get in contact? Loving the Vidz ,thought just bigger pockets was teaching the brrrr method...glad to have found a fellow south African doing it and applying it. I have a ton of questions 😭
Thanks my friend. Appreciate the feedback. Yeah, it can work anywhere when done correctly. You can send me an email at louisreynhardt@gmail.com if you would like to learn more . 🙌🏻😎
Hello Louis
Do you use property management software?
I use TPN rentbpok yes 💪🏻💪🏻
@@louisreynhardt Thanks. Which expenses do you list on your leases on Rentbook? Eg do you list your homeloan interest only or the whole home loan amount?
Hi louis, great content ive elarned so much from your channel. Can one apply for a home loan if im south african but do not live in SA? thanks!
Hi Kyle, im so glad to hear. Yes, you should be able to . The best way to approach this is to speak to a bond originator and see what you can qualify for. As long as you are still a resident in South Africa you should be able to 💪🏻
Do you do consultations?
Hi there,
Yes I do. Feel free to pop me an email at louisreynhardt@gmail.com
Hi Louis my mom wants to buy a house under 600k can you help
Its difficult to g8ve personal financial advice. Make sure you gain yhe right knowledge first. TH-cam is a great place to start. Otherwise pop me an email at louisreynhardt@gmail.com 👊🏻
Hwzit louis. I'm a student at UCT and married at the same time. Ive never bought/ dealt with property besides thw place that i am renting now.
Any tips for me to begin my property journey?
Thanks for watching. I would say focus on the fundamentals.
Get a stable income(it can be small)
Get a good credit score
Build a emergency fund
Setup the right structures/entities
Gain the right knowledge
Take the risks.
Go and research these topics , or search for them on my channel.
Goodluck my friend 💪🏻
Graham Stephen?? ;)
SA version 🚀
Hoeveel kos ñ trust? Hoelank vat ñ trust?
Dit hang maar af waar en hoe presies jy dit doen maar dit kan enige iets wees van R3500- R5000 vir 'n trust en vat gewoonlik so 45 dae min of meer.
Ek wag al vanaf 2022. Blykbaar is daar ñ ophoud by Mafikeng in NW. Het deur ñ rekenmeester aansoek gedoen.
@@ckp3118 Daar is verseker iets fout. Dit moet nie so lank vat nie.
I was looking for your email address to drop you an email on some questions about this topic as i recently bought a new property but had no knowledge of any of these things, so im hoping to get your insights on the current situation and the idea for the future.
Any chance you could send me your email address?
Thanks
Hi Arnold,
Sure, you can pop me an email at louisreynhardt@gmail.com 👊🏻 😉
Would you recommend buying your first apartment for you to live in yourself cash, and in your name though? If you have the amount and about R500k extra, so wouldn't be on my bare bum so to speak. This cash comes from working as a seafarer overseas if this makes any difference. I want to avoid paying interest on my personal home. I would appreciate your thoughts @louisreynhardt
Great question,
I wish I could give you a simple answer. Feel free to pop me an email if you ever need more guidance louisreynhardt@gmail.com
I would say yo never buy the property in your own name. Theres quite a few things to consider whether you buy to live or buy to rent out.