In this week's podcast episode we talk to Peter Mohlala, an Optometrist for 15 years, managing three practices (2015 till Present).
Peter has been a property investor (Residential Rental Properties) since 2010 and currently works as a Real Estate Agent (since Jan 2017).
He also provides training and guidance on property investing and also runs seminars and provides mentorship to people who are interested in property investing.
Peter got into Property after reading “Rich Dad, Poor Dad” and started investing in property to experiment with Robert Kiyosaki’s philosophy and see if it works.
In this episode, he shares why he believes property investment is the best option for retirement and why he invests for both appreciation and cash flow.
He also shares why he focuses on residential property and invests in 2 bedroom properties, how he was able to start investing in property as an entrepreneur and why he prefers working with bank consultants over a mortgage originator.
We hope you enjoy this episode as much as we did.
Click play and leave us a comment in the comments section below.
Episode 61: How to do deal analysis and mitigate risk in real estate
Episode 60: Using village land to solve the problems of poverty
Episode 59: Using other people’s money to grow to 70 properties
Episode 58: Why you need a Quantity Surveyor on your next property investment project
Episode 57: From Fitness Trainer to negotiating a R1 billion (US$61 million) property deal
Episode 56: Profiting from rent to rent on the African continent
Episode 55: From a mud house to building dream houses
Episode 54: Overcoming addiction to own 35 properties
Episode 53: Why it is important to get your mindset right before you start off on your investment journey
Episode 52: How the #PropertyMagicians podcast has impacted listeners and guests
Episode 51: How to make a profit in 6 months flipping (buy, renovate and sell) houses using other people's money
Episode 50: Lessons learned from having your properties being auctioned and rebuilding a bigger portfolio during a recession
Episode 49: How to make money flipping properties and invest in property with your taxes
Episode 48: A high return property investment opportunity for the busy investor
Episode 47: Real Estate investing trends in Suriname
Episode 46: From growing up in a tin house to a 380 unit development by the age of 27
Episode 45: Exploring high cashflowing properties in the Cape Town ekasi market
Episode 44: From cleaner to building an international company
Episode 43: An inspirational 8 year journey to developing 14 units
Episode 42: Lessons learned from making R1 Million by 21
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