In this week's episode, we talk to Dr Herchel Clarke, a doctor, about his property journey.
Herchel started his property journey in 2017 in Windhoek, Namibia, where he bought his first property thinking it was a good investment.
He shares how he started his investment journey thinking he could only afford 3 properties in his lifetime and how after buying his first property, he realized something was wrong because he suddenly had more month than money and found himself worse off than when he was a student living off of R1500 (US$90) a month.
Just after buying his property in Namibia, he was offered a post in Cape Town, South Africa, and met a couple that introduced him to Dave Ramsey's book - "The Total Money Makeover" which helped him understand his relationship with money.
One day he stumbled on Robert Kiyosaki's "Why A students work for C students", which lead to a total paradigm shift for him and started him on an inner journey.
He soon understood that in order to change his external circumstances, he needed to change within.
Click play to listen to this week's episode and leave us a note in the comments section below.
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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