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Real Estate Podcast for women and men of color on the African continent. Hosted by 2 South African women.
Episodes
Tuesday Aug 03, 2021
Tuesday Aug 03, 2021
In this week’s episode, we talk to Athi Nenkosi (CEO) and Palesa Lehapa (MD) of Athi Nenkosi.
Athi and Palesa met when they were studying business and realized they had a passion for helping people style their homes as well as organize and declutter their homes.
They are home stagers who work with real estate agents and sellers in the property market to help them sell or rent out their properties quickly and easily.
In today’s podcast they help us understand:
- The difference then between an interior designer/ stylist/ interior engineer
- What goes into staging a home and why you need the professionals to help you
- Why home staging works and how it changes the value of a house
- What the biggest challenge for the South African public has been, when it comes to using their services
- How to find home stagers in your city and how they determine their prices
This was a really fun episode to record.
Listen on:
iTunes Podbean Spotify
Click play to listen and leave us a comment in the comments section below.
Tuesday Jul 27, 2021
Tuesday Jul 27, 2021
In this week's podcast episode, we talk to Olufunke (Funke) Alao, a Realtor in Nigeria who helps clients from all over the world create wealth through real estate.
Funke is originally a trained lawyer based in Lagos Nigeria but found her calling in real estate; having grown up watching both her parents buy land, develop it and sell it.
In this episode Funke answers some of the following questions for us, about real estate investing in Nigeria:
🩸 What are some of the hurdles of real estate in Nigeria?
🩸 What is the housing market/landscape in Nigeria?
🩸 Tell us about the pricing of houses generally and the makeup of neighbourhoods?
🩸 Financing property in Nigeria - how do people get access to money to invest? What financing models are there?
🩸 Tax in Nigeria: what are the main property taxes that investors need to be aware of? Is there a difference in tax for locals and international investors?
🩸 What are the land ownership laws in Nigeria? Can foreigners own 100% of the land?
🩸 What unique opportunities do you see in the Nigerian market right now and what return on investment can investors expect?
This is another eye-opening episode.
Click play below to learn more.
Tuesday Jul 20, 2021
Tuesday Jul 20, 2021
In this week's podcast episode we talk to Lungisani Xhakaza, a real estate investor, accountant and Founder and Director of LZX Investments (PTY) LTD, a Property Investment Company.
Lungisani is originally from Kwazulu Natal but now lives in Johannesburg. He came into property because he wanted to invest in a tangible asset that appreciates in the long term.
He bought his first property in 2002; the bank gave him 100% funding and also paid for his fees.
After that first purchase, agents would come to him with more properties and the bank would fund him in full.
In this episode Lungisani shares with us how to improve our credit scores so the banks feel comfortable giving us money:
- Use your credit card but put money into it.
- Have an overdraft facility but don’t stay in overdraft.
- Take calls from the bank if you owe them money. Remember banks don’t want to repossess property.
He also shares why he prefers to buy for both cash flow and appreciation and some mistakes he made on his property investment journey.
This is another incredible episode.
Click play below to learn more.
Tuesday Jul 13, 2021
Tuesday Jul 13, 2021
In this week's podcast episode we talk to Vumile Msweli, a career coach who helps people connect where they are with where they want to go.
Vumile is a property investor who comes from a family of real estate investors - her grandparents were in property so she knew about property from a very young age.
She got into banking to get exposure to different clients and preferential interest rates (which are available to bank employees); she also chose to rent a back room for R1500 instead of renting an apartment.
She shares how she used her first paycheck to buy her first property in Germiston and made a rental income of R5500 from that, which covered her rental expense.
Shortly thereafter, she bought properties in Maboneng and Pretoria and also moved to a new company that enabled her to make 2 purchases at staff rates.
In this podcast Vumile shares how travelling and living in different countries changed her view of property investing and why she now buys properties cash and how that can actually lead to accelerated portfolio growth in the long run.
She also imparts some incredible advice on delayed gratification, life and careers for property investors.
This is another incredible episode.
Click play below to learn more.
Tuesday Jul 06, 2021
Tuesday Jul 06, 2021
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.
Tuesday Jun 29, 2021
Tuesday Jun 29, 2021
In this week's episode, Dr Miranda sat down with 23- year- old Thomas Mathew of Nomadify to speak about short term rentals.
Since age nine, Thomas has been playing with code - an engineer at heart with an aggressive pivot towards property investing.
He explains why he adopted his current real estate strategy, why he has invested in higher-end suburbs and why he has stayed with his strategy despite having been hit hard over the lockdown in 2020.
Thomas’s journey was smoothed out by partnering with an older partner that was ahead of him in both earning and property investing in general.
He was so deliberate about his journey, and placed an offer on an apartment within 10-months of having his first job, at the age of 20!
Starting early before he could accumulate debt of non-cash flowing items.
He is currently on property number 12.
He and his partner run their Airbnb properties personally and have lived in several of their units, which has sharpened how they approach their Airbnb hosting experience.
He is ready to add affordable housing and the development of apartments into his strategy.
This episode is made for the millennials and new graduates.
Click play below to learn more and leave us a comment in the comments section below.
Tuesday Jun 22, 2021
Tuesday Jun 22, 2021
In this bonus episode, we bring you DrMiranda of PropDocMom, co-host of the Property Magicians podcast.
She’s a property mentor for beginners and in this bonus episode, she was a guest on the Unpack podcast with Lerato Bambo.
In this podcast, she shares the many ways to finance a property in South Africa. We’re all familiar with the conventional banks and their mortgage models but what happens when you can’t get funding from the bank?
Don’t let your journey of investing get throttled by the lack of funds.
Don’t get stuck on owning 100% of each property.
Don’t get discouraged by the belief that you can only begin investing if you have thousands of Rands.
This is another great podcast episode.
Click play and leave us a comment in the comments section below.
We are also on iTunes and Spotify, so feel free to subscribe and listen to the podcast on there and please leave us a rating and review on iTunes.
Tuesday Jun 15, 2021
Tuesday Jun 15, 2021
In this week’s podcast episode we talk to Musi Skosana, a property investor and asset manager.
Musi was awarded Equity Dealer of The Year for 2014 and was consequently named a Game Changer in the financial services industry in South Africa.
He is the founder of MSM Property Fund, an asset and private equity manager specialised in property. He was rated number 1 manager for the past year in terms of returns by Citywire.
In this episode Musi shares how he started off as a property investor by buying Growthpoint shares, watching the property channel and learning about how to renovate houses and sell them.
He bought his first property in his 20s with a friend. It was a one bed, one bath apartment, which they renovated and decided to keep and rent out because it was cash-flow positive.
The second property they bought was a 2 bedroom property that cost them R600,000 (US$43,597), which they renovated and sold at R1.3 million (US$94,461) a few months later.
Their third property was a 10 unit multi-let, which they also sold at a profit.
In this podcast Musi talks to us about collaborating with real estate partners, how to get started with flipping a property, how to find your building team and what to focus on when renovating your property.
This is another great podcast episode.
Click play and leave us a comment in the comments section below.
We are also on iTunes and Spotify, so feel free to subscribe and listen to the podcast on there and please leave us a rating and review on iTunes.
Wednesday Jun 09, 2021
Wednesday Jun 09, 2021
In this week's podcast episode, we talk to Vusi Mathebula, an investment banking lawyer & property investor with 12 years of experience specializing in leveraged finance & commercial property finance.
Vusi always had a passion for building things and built his first house in high school for his grandparents who needed a house.
He bought his first property with his older sister, he later moved out and decided to buy his own place - a fixer-upper.
He got bank financing and soon learned about all the other costs like transfer costs, transfer duties, bond registration fees etc., associated with buying property.
In this episode, he walks us through his experience on buying property and the costs to look out for and the various factors we need to take into account to get a good property deal.
We hope you enjoy this episode as much as we did.
Click play and leave us a comment in the comments section below.
We are also on iTunes and Spotify, so feel free to subscribe and listen to the podcast on there and please leave us a rating and review on iTunes.
Wednesday Jun 02, 2021
Wednesday Jun 02, 2021
In this week's episode, we speak to three ardent listeners of the podcast as they share their biggest take always. Mpho Nkadimeng, Maureen “Momo" and Papa Boachie-Yiadom.
Mpho Nkadimeng:
An events director changed how he viewed his garage space and the vehicle parked in there over the 2020 lockdown.
- He became a multilet property investor at the same time inspired by Episode 37 with Witness Mdaka.
- He was immensely inspired by MaJosphine in Episode 25. The simplified property investment language used made his journey possible.
- He has a weekly appointment with the podcast.
Maureen “Momo”:
A professional and mother, full time employed took up property mentorship over the 2020 lockdown (with PropDocMom)- to boost up her confidence to take action.
- She has shared some episodes with her brother that now has become a Property Magician
- She is about to become a multilet landlord.
- Her favourite episode is MaJosphine in Episode 25.
- She was reminded that her own mom is a landlord, and the problem solved was through student accommodation!
Papa Boachie-Yiadom:
Who was our guest in Episode 36 and returned to tell us how the podcast is his constant companion at the gym and how it’s turned his own investment strategy on its head!
- He now knows how he can exponentially grow his potential.
- He has birthed a Property Management Company and a property mentorship as a result of his exposure to the podcast teachings.
-Papa has made it his mission to review every one of the 69 episodes he has listened to.
- His favourite episode is Episode 28.
This is another interesting episode, click play below and leave us a comment in the comments section below.
We are also on iTunes and Spotify, so feel free to subscribe and listen to the podcast on there and please leave us a rating and review on iTunes.