In this week’s episode, we talk to Sello Masebi, a Quantity Surveyor and serial entrepreneur, about short term financing for real estate projects, quantity surveying and why everyone needs a quantity surveyor in any real estate project.
We learnt that quantity surveyors are the people who are in charge of financial management, quality control and time management in the real estate project.
This was one of the most eye-opening episodes for us and Sello answered some great questions for us:
🔴 Why is quantity surveying important to real estate investors?
🔴 At what stage of a development does an investor involve a quantity surveyor and why is that important?
🔴 How should investors work with quantity surveyors, how often should they meet, what should they discuss and look over when they do meet?
🔴 For a newbie developer, what would you advise that they should be paying attention to during a project?
🔴 What costs should a property investor be wary of when starting a construction project?
🔴 What are the professional fees charged by quantity surveyors? Are these fees determined by the market or by the size of the project their experience?
🔴 Are there any remedies that one can employ when they notice that a project is running over time and over budget?
You’re really in for a treat and a lot of aha moments.
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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