In episode 10, we interviewed Linda Dotwana, a portfolio manager from TUHF.
TUHF is a financier that focuses on granting loans to property entrepreneurs who are focused on investing in the inner city.
They have financed up to 40,000 residential units in South Africa.
They work with property entrepreneurs to find high return on investment opportunities in the inner city.
Their philosophy is simple: they work with entrepreneurs and meet them at their level.
They understand that most entrepreneurs don't have all their ducks in a row and are hustlers at heart so their funding requirements are very different from traditional banks.
In fact Linda told us that most banks have an exaggerated sense of risk.
TUHF is not focused on credit reports and credit scores, nor are they worried about how much equity or income you have, which makes them the ideal financing partner for beginner investors.
Here are some other things that make TUHF different to traditional banks:
- they don't see the inner city as high risk, they have an intimate knowledge of the challenges within inner city, which helps them mitigate their risk
- they don't require prior property investor experience because they will give you the people resources and networks to help you succeed
- they give you access to their investor network and team you up with an investor who has already done what you're looking to do
- they see themselves as a commercial property funder but have 15 year loan terms vs 10 year loan terms
- they calculate and pay for refurbishment costs
- they pay for the cost of evaluation of the building
- they have no monthly admin costs
There's so much more that got us super excited about this podcast episode, but to learn more, you will have to listen in, so just click play and be prepared to be blown away.
You can contact TUHF at: tuhf.co.za
Episode 115: Unconventional Real Estate
Episode 114: Creative ways to fund property developments without bank funding
Bonus Episode: Raising over R2.6 million in the stokvel and changing our name
Episode 113: How to work with a quantity surveyor to increase your profits and decrease expenses
Episode 112: Growing a construction company by 400% in 10 years
Episode 111: Investing in property straight out of college & owning a 9 unit property at the age of 28
Bonus Episode: Raising R268,974/US$17,935 in 7 days to invest in property
Episode 110: Buying 3 positive cash flowing multi-lets during a pandemic
Episode 109: The magic is in your mess
Episode 108: From rural Limpopo to building a multi million rand property portfolio
Episode 107: How to build a property portfolio that replaces your income in less than 5 years
Episode 106: How to make 2 to 3 times your rental income as an AirBnB Hostpreneur
Episode 105: How to own 6 properties in less than 12 months
New Year Episode: Setting property investment intentions and understanding your investor archetype
Episode 104: The Low Money or No Money Down strategy of Property Investing
Episode 103: How to go from a negative cash flowing property to raising R9 million (US$571,000) for a property development
Bonus Episode: Making 15% Return on Investment in 3 - 6 months
Episode 102: How to make money from sourcing real estate deals
Episode 101: How to raise R331,000/ US$21,000 in 5 weeks in a property stokvel/fund
Episode 100: Celebrating 100 episodes and using creativity to build a profitable property business
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