In this week’s podcast episode, we talk to Lerato Bambo, founder of Lerato B Group, a website and marketing boutique, who has lived in the US, Turkey, Ireland and Bali for over a year each.
Lerato’s journey into property started when she moved to New York, for a job and had to deal with the high rental expenses in the Big Apple, and since at the time she believed she was going to stay in the USA long term, she decided to buy an apartment instead.
A few years later, she moved to Ireland and rented out that apartment to a tenant, who still lives there now.
After Ireland, she moved to Bali, Indonesia, fell in love with the country, bought land and started building a resort for tourists in Ubud.
Before the pandemic started, she came back to South Africa to visit and found herself stuck in the country during lockdown, so she decided to buy a property in Pretoria to use as her base, she has since decided to rent out the property when she heads back to Bali.
Lerato shares her journey on buying property in these three countries - the buying process, the legal system and how she funded the purchase of the properties.
If you’re into travel and international property ownership, you’re in for a treat.
Click play and leave us a comment in the comments section below.
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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
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