In episode 15, we interview Sandile Hogana who works as exec for a company called Private Property and is also a property investor.
Sandile is focused on building high end multilets in low income areas, in particular Turffontein.
He started his property investment journey by investing with friends in a pooled fund and then branched out on his own and bought a 3 bedroom property that he converted into a multi let in Turffontein.
Before investing in his first property, he spent 3 months doing his due diligence, mapping out his vision and then laying out his action steps.
He made sure that his property was different from any of the other surrounding properties - it has security, built in cupboards, privacy, care taker and will soon have shared DSTV.
Because of the design and value adds, he is able to rent this property for R2, 500 - R4, 500 per unit and is currently cashflowing at R35, 000 (US$2,350) per month from his first property.
If these figures get you excited, then you definitely need to listen to this podcast and learn how Sandile pulled all this off.
You can contact Sandile at:
Facebook: https://www.facebook.com/profile.php?id=100012503741539
Twitter: @SandileHogana
Linked in: Sandile Hogana
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