In episode 33, we interview Hannes Dupper, who started off as an entrepreneur in his 20s and made R14 million by the age of 26; investing in property.
Through a series of mishaps, he lost most of the money and reinvented himself.
He's now the Managing Director of the DJV Group, a company that helps newbie investors start investing in property without doing all the leg work.
DJV offers mentorship and education to upcoming property investors; over time they realized that a lot of people don't have startup capital to get started as property investors- or they reach a ceiling where the bank won't give them any more money.
So they started offering people alternative ways to invest in property:
- People can invest R150, 000 ($8000) in DJV and make a return of 20% per annum over 5 years
- People can contribute R2, 000 ($106) per month over 5 years and still get a return of 20%
They (DJV) take investor money and use that to buy gap housing - 2 bedroom, entry level properties that costs between R600, 000 and R1 million. After 5 years the property appreciates in value and also becomes cashflow positive.
So the company benefits and the investors benefit.
This is a really informative episode and it's perfect for the investor who's short of time or just doesn't want the hassle of doing the leg work of deciding on the perfect property to invest in...
Click play and let us know your thoughts in the comments section below.
Episode 99: What happens when one discovers that property investing is not for you
Episode 98: Building a property portfolio using predominantly cash
Episode 97: Growing a property portfolio using different investment strategies
Episode 96: How to build an international property portfolio as an African
Episode 95: How Commercial Property Management is being changed by Covid
Episode 94: Life- changing lessons for building a successful property investment portfolio
Episode 93: How to ensure that the wealth you build through real estate is passed down from generation to generation
Episode 92: How to build 21 units in 2 years using other people‘s money
Episode 90: Formalizing & digitizing the back room market in South Africa
Episode 89: How to grow a property from scratch during the pandemic
Episode 88: How home staging can help you sell/rent your property faster
Episode 87: Identifying real estate investment opportunities in Nigeria
Episode 86: How to improve your credit score & grow your portfolio with bank money
Episode 85: How to accelerate the growth of your portfolio by buying properties cash
Episode 84: How to invest for appreciation and cashflow
Episode 83: Building a profitable portfolio of 12 short term rentals at the age of 23
Bonus Episode: How to own property in South Africa without Bank Funding
Episode 82: How to make money from flipping houses as a newbie property investor
Episode 81: Understanding additional costs in buying property & what makes a property a good buy
Episode 80: How the podcast has turned ordinary folk into Property Magicians - a chat with our listeners
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast