In this week's episode we brought back , from episode 29, to talk about his real estate journey.
In episode 29, Obakeng challenged us to think big with our goals and shared his property accounting knowledge with us.
In this episode he gets vulnerable and shares how he made his first million at 21 years old (in the 80s in South Africa!) by selling 140 properties in a new development in one year.
He was an intern at an accounting firm and already a millionaire, but because of the political situation in the country, he had no one to advise him. He went on to invest in other businesses and made even more money and started sabotaging his success.
This week Obakeng takes us through his money journey and shares some of the mistakes he made with the way he thought about money, felt about money and behaved with money and how he was able to self correct when he realized that money was not the problem and that the problem was him and his subconscious beliefs.
Obakeng is currently working on a development for 170 units, which is right in line with his belief that success requires one to think big.
This is truly one of the most inspirational podcasts we've recorded.
Click play to listen to this week's episode and share your thoughts with us in the comments section below.
Episode 119: How to make a fortune developing low-income housing in South Africa
Episode 118: Making US$2,000 - US$4,000 a month with a guest house in Botswana
Episode 117: Using multiple strategies to build your real estate portfolio
Episode 116: How to own property in Rwanda
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
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