In this week’s podcast episode we talk to Lebo Grass, an entrepreneur, real estate investor and property mentor.
Lebogang studied communication science at Unisa (University of South Africa) and bought her first property at the age of 25, in Protea Glen, Soweto for residential purposes.
One day a friend introduced her to the Steyn Family, which sells building supplies to hardware stores, advised her to build properties in her backyard so she could practice being a landlord and make extra income.
Luckily, she had an entrepreneurial background and had seen her grandmother and her friends make money from back rooms, so he used that knowledge and experience to build and run her property.
That extra income helped her pay off her property faster.
Lebo currently has 5 properties that are registered under her name and bought through home loan financing. In this podcast, she shares various financing strategies that she uses to purchase property.
She explains that she believes in trying various investment strategies and shares how she has now ventured into short term Rental on Airbnb and Booking.com
The other strategies she wants to try out for next year are Property Wholesaling, Property Flipping and Aparthotel properties.
This is another jam-packed episode, get your pen and paper because you are in for a treat.
Press play and leave us a comment 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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