In this week’s podcast, we talk to Cindy Dibete, an empty nester, an accountant by profession and a board consultant.
Cindy is the founder of Cosec 8, where she sets up statutory and advisory boards for medium-sized entities that want to break the glass ceiling into large businesses, mentor individuals who want to venture into Non-Executive Directorship and recruit non-executive board members.
Cindy and her late husband bought their first property within days of them deciding they were tired of renting and wanted to own a property of their own.
When their family started to grow, they sold the first property to raise the deposit to buy the second property.
She and her husband then bought 2 properties (2 units) for their child, so that their children could have their own property when they graduated.
One day they went to an Airbnb to visit mom, and they were served "cremated" bacon so she told her husband to buy them a property so they can make their own bacon when they go visit her mom.
They bought a 16 sleeper and that property served as a guest house for her mother.
When her husband passed on and there were issues with some of the properties, Cindy decided property was not for her; she then sold properties (some at a loss) and bought shares on the stock market instead.
In today’s podcast, we talk about something different - what happens when you realize that property investing is not for you?
How do you pivot and find other means of investing that work for you?
Click play to listen to the episode and leave us a comment in the comment section below.
Episode 79: Growing a property investment to own two residential blocks of flats
Episode 78: How to grow your property portfolio using multiple investment strategies
Bonus Episode: Why families have the same money patterns
Episode 77: Building a boutique hotel chain on the African continent
Bonus Episode: Real Estate investing trends on the African continent
Episode 76: Looking at the Spatial Planning and Land Use Management Act
Episode 75: How to buy 13 properties in one year without putting any money down
Episode 74: How to invest in property in different countries as you travel the world
Episode 73: Diversifying risk by investing in property in the Stock Exchange, South Africa & China
Episode 72: Why you need a Structural Civil Engineer in your real estate tribe
Episode 71: How to create different cash cycles as a property developer
Episode 70: How to grow your real estate portfolio using Airbnb in South Africa
Episode 69: The A to Z on buying properties at auction
Episode 68: Interior Architecture & how Covid is changing building trends
Episode 67: Using shipping container homes to solve the housing crisis and build a property portfolio
Episode 66: The New Year 2021 Episode - Taking a holistic approach to real estate investing
Episode 65: The Christmas 2020 Episode
Episode 64: How to get funding for commercial property in South Africa
Episode 63: How to profit from multi-let properties that cost less than R1 million (US$65,772)
Episode 62: The importance of a town planner and zoning in real estate investing
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