In this week’s podcast episode we talk to Malepeli Malataliana, a Candidate Quantity Surveyor (QS). She was born and raised in Lesotho and moved to South Africa in 2012 to study at the University of Pretoria.
She is also an MBA graduate and has a financial literacy interest and an interest in getting people to become financial adults.
She explains that a quantity surveyor is a construction accountant, they tell you how much the construction is going to cost, how much you’re going to make per year from the project, they are also the link between the developer and the contractor and they are the contract manager.
A quantity surveyor manages the contract and makes sure that the contract is understood by both the contractor and the developer.
We’ve had a QS on the show before but this episode is completely different to that episode. Malepeli answered the following questions for us:
- How did you decide to study Quantity Surveying?
- What is a quantity surveyor and what does a Quantity Surveyor do?
- Why should ordinary real estate investors have building projects for small projects?
- How do you negotiate and navigate building projects when you have a friendship with the contractor?
- What is a JBCC (Joint Building Contract)?
- Is there a difference between a resident or commercial quantity surveyor?
- Can beginner investors team up with a QS to help them build their tribe in the industry?
- Are Quantity Surveyors taught how to mediate and negotiate for the clients at school or on the job?
This is another eye-opening episode and we recommend you grab a pen and paper so you can make notes as you listen.
Click play on the audio below to listen to this week's episode.
Episode 132: What happens when someone owes you money and won’t pay
Episode 131: Creating financial freedom with real estate in Botswana
Episode 130: Growing a coffee brand throughout South Africa
Episode 129: Building student accommodation in the township
Episode 128: A fintech company that helps you go from first time homebuyer to property investor
Bonus Episode: The most common property investing questions with PropDocMom
Episode 127: Building a real estate portfolio through intuition and ancestral wisdom
Episode 126: Understanding your why when investing in property
Episode 125: Talking to the author of “Stokvels - How they can make your money work for you”
Episode 124: From sourcing deals for investors to investing in multi-lets
Bonus Episode: How to determine if a property is profitable or a good investment
Episode 123: How to earn passive income with short-term rentals as a full-time employee
Episode 122: How to make R27,000 (US$1,695) per month on your first property flip
Bonus Episode: Make 17% ROI per annum in your next property deal
Episode 120 (repost): From Being a Creative to making R100k (US$6500) in his first real estate deal
Episode 121: Buying your first property at 21
Episode 119: How to make a fortune developing low-income housing in South Africa
Episode 118: Making US$2,000 - US$4,000 a month with a guest house in Botswana
Episode 117: Using multiple strategies to build your real estate portfolio
Episode 116: How to own property in Rwanda
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast