The new year is all about new goals and setting new intentions for our lives.
So get a pen and paper and let's plan for the new year, using the Money Magic goal setting worksheet.
Step 1: Determine how many properties you want to buy?
Step 2: Decide on the cost of the properties and where they will be located
Are they multifamily, single family, student accommodation etc.?
Step 3: Determine how much funding you qualify for - my budget fitness/ pre approval
Step 4: assume you have to put down a down payment of 20%....
Step 5: Where will you get the money from? Look at the various ways of funding in the Xmas Podcast from last week
What resources do you have at your disposal that you can use to access the funds?
Step 6: Property structures - how will you do this thing? Under your name, company, trust?
Click play to get the rest of the steps so you can start moving towards your property goals.
If you live this episode, please share it with your family and friends.
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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