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 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
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