When I started investing in properties I managed the properties and tenants myself. But I had a HUGE misunderstanding about the process and about tenants. I assumed it was easy... Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of like minded people making wealth ...
Nov 10, 2020•18 min
Lesego shares why she has invested with M5 Property Addicts. Watch this video to see how you can also invest: https://youtu.be/4zVN4gWEnDQ Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of like minded people making wealth through property - https://m5propertyvars...
Nov 10, 2020•58 sec
We talk to Anette Ellis from Prevance on what bridging finance is and how sellers could use it to access some of their money BEFORE the property actually transfers. This assists sellers to pay for a deposit or transfer fees, to move to their new homes or to pay for rates clearance fees. But she has a secret weapon and she shares how property investors and developers can also use bridging finance to finance their investment properties, developments and even businesses! If you have been thinking a...
Nov 09, 2020•39 min
Anyone can utilise the same strategies that professional property investors use to live in your house for free. These strategies are easy to copy, all you need is the right property and some creativity. This works for single people, young couples, retired people and families! Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/gro...
Nov 08, 2020•11 min
Taurai talks to a UK property investor Muzingaye Nduna (Muzzie) originally from Zimbabwe. As an engineer by trade, he followed the blueprint his parents gave him, study, get a job, get a wife and raise a family. Until his comfortable job kept him away from his family and he started asking ... is this all there is to life? He gave up a comfortable, secure job to do property investment full time although quitting his job was not easy. He loves to do no money down strategies and rent-to-rent. Conta...
Nov 06, 2020•1 hr 3 min
People believe that you need a lot of money to start investing in property. As a beginner property investor in South Africa got my first deal and only paid R1000 of my own money to get the investment property. It sounds like luck but it was the result of months of working hard, taking action and learning new skills. I share how I did that crucial first deal. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.c...
Nov 05, 2020•12 min
SARS can be your partner or your bad big brother, it all depends on YOU! Taurai and Lebo discuss how you can reduce your tax through little known strategies in the property investment space. Claim your property transfer cost from SARS (and other little known deductions). If you didn't disclose a property in previous years think carefully whether you want to claim historic deductions as you are opening yourself up to an audit. Don't forget to like this podcast and subscribe to our channel. Add us...
Nov 04, 2020•37 min
Taurai shares the 5 daily habits he implemented that changed his life. This was fundamental for him to find time to learn new skills and to start and grow his property investment business whilst being a full time employee. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our com...
Nov 03, 2020•20 min
It is no secret that Taurai finds deals that are up to 60% below market value. In this video he shares the recipe that he uses to find these great deals: - Working with estate agents - Property portals - Physically get to more deals - Offer your services Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_...
Nov 02, 2020•12 min
We speak to government employee, Lesetja Toona on his property investment journey and how his tenants ended up paying for his wedding! Lay your foundation right by starting small and learning all your lessons in advance. He lost money in a scam and decided to go into real assets like rental investment property. He made the mistakes of selling his properties when he needed money instead of just refinancing them and releasing equity. Now he is going big again! Don't forget to like this podcast and...
Oct 30, 2020•53 min
Aslam shares his experience on how he went from being a banker to being a commercial property deal maker. What are property deal makers and what do they do? But most importantly what do they earn? He also goes into why he makes deals on all other properties and likes to invest in fuel stations. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://w...
Oct 29, 2020•1 hr 12 min
When you flip an investment property you will receive income from this property if you do it in your personal name that could push you up to the 45% tax bracket. Sometimes it is the best thing to do depending on your personal situation. So know what you are doing before you jump into the transaction. - When do you pay capital gains tax and when do you not need to pay? - Some special trusts are exempted - How is it calculated? - Know what you are doing before you end up paying 45% on ALL of your ...
Oct 28, 2020•36 min
Retha shares tips on how to work with a late estate when buying an investment property. How long it takes and how to mitigate the risks that come with buying an investment property from a late estate. What if the transfer takes years to complete? What if the property doesn't look the same when I am finally the owner of it? Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Inves...
Oct 27, 2020•7 min
I learnt so much the hard way when I started out in property. The thing about property is that it is a slow process and one wrong decision can be with you for years. I bought 5 properties in my personal name and ended up paying so much tax on it, due to me also still being employed. I also couldn't move it to a company due to my personal affordability being overextended at the time. Know what to do before you buy an investment property and make sure you are happy with your decisions for years to...
Oct 26, 2020•11 min
Khanya Ngonyama started investing in property in 2013. He started off without having a credit record at all and had to build one from scratch to qualify for a loan. He uses a special strategy to buy units in a new development, where he partners with the government to build houses and he gets 55% of his costs back from the government. AND you do not need to be a big property developer to qualify for this! He stopped his retirement savings and used property as his ultimate retirement plan. He buys...
Oct 23, 2020•35 min
Plan your legacy to be around long after you have left this earth. Make sure that your kids get what you leave behind instead of SARS. In South Africa, like in most countries, death and taxes go together in the form of inheritance taxes. These are taxes that the deceased estate has to pay, in addition to the personal tax of the deceased for their final tax year. The personal tax is levied on the income the deceased received before their death, during the course of the tax year, whereas the inher...
Oct 22, 2020•43 min
When it comes to tenants and landlords, you will always have a love, hate relationship with each other. We believe in having a professional relationship with your tenants and working together with your tenants for peace of mind and sanity. HOWEVER, at times you might end up in a situation with your rental property investment that you have to treat it as a business and you will need to evict your tenants. Elize talks about evicting tenants out of your rental investment property and how you can sa...
Oct 21, 2020•30 min
As a beginner property investor I was very unsure of what I was doing and learned some expensive lessons along the way. I hope that my story about how I lost R80 000 on one of my very first property deals will help you to avoid these mistakes in your journey of property investing. With 0 property experience behind me and a career of 21 years in a corporate environment I could never have anticipated the issues I would run into. This is the first time ever that I am sharing this story. I don't gen...
Oct 20, 2020•10 min
Retire when you are young before you are too old to enjoy it. Taurai shares how to retire early using rental property investing. Investing for everyday middle class employed people. Retire young with rental property investing in South Africa by getting profit from rental properties and creating passive income for yourself. Level 1 of retirement - replace your current employment income to cover your basics Why the rich get richer - Robert Kiyosaki Rental properties that give you positive cashflow...
Oct 19, 2020•37 min
We talk to Lihle King Nxoyi and he talks about his journey from starting in property, what he learned along the way and all the cool things he is doing now. Some of the awesome quotes in the video... - As long as you are alive you will always be standing on someone's property ... make some if it your own - Earn 30% of people's effort through giving them a rental property - Educate people and change the educational system - Long term vision to create schools - Land is in short supply they are not...
Oct 16, 2020•1 hr 1 min
Deep dive on the property transfer process for property investment in South Africa. We talk to a specialist transfer attorney and go through the transfer process, conveyancing process and we talk about the the difference between transfer fees and transfer duty. - what does a transfer attorney do? - who can choose the transfer attorney? - how long does the lodgment process take? - what is a bond attorney and why do you need one? Don't forget to like this video and subscribe to our channel. Add us...
Oct 15, 2020•49 min
What are the differences of buying a property in your personal name, a company and a trust. Think generational wealth and do your estate planning from the outset! People always ask which one is the best but none are better than the other and sometimes you need to use all three structures. Listen to why the guys believe SARS is your business partner and what are the benefits that you get from the tax man. Your situation plays a pivotal role in which structure will work for you so the video dives ...
Oct 15, 2020•38 min
I had a discussion with my students a while back and asked them what is the one most important thing that would let them stay or make them leave their student accommodation property. What they said really surprised me as I was fully expecting them to say good WiFi. I also share how providing this really assisted me during the lockdown months to still get my rental paid, this also creates a culture of teamwork and serenity in the property. Don't forget to like this podcast and subscribe to our ch...
Oct 13, 2020•7 min
Which types of education will help you in the property investment career, academic education, professional education and financial education. I recently had a discussion with a 22 year old on education. He didn't want to get educated, was he right or wrong to turn away from an opportunity to go to university? Well it depends on a few things... In this video I dive into wat advice I gave him. Financial awareness and education is key to being successful and to create choices in your life, have fee...
Oct 12, 2020•19 min
Moving students to our latest student accommodation property in Woodstock, Cape Town. We are doing a rent to rent on this property, it comes fully furnished and we are renting per bed... Don't forget to like this video and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of like minded people making we...
Oct 12, 2020•58 sec
Bontle Zwane shares her story on how she got started in multi-family property investments and how she ended up building a house without plans, as she thought she didn't need them in an informal settlement. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of like mi...
Oct 09, 2020•32 min
Taurai shares 5 lessons in 1 minute!! Don't forget to like this podcast and subscribe to our channel! Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of like minded people making wealth through property - https://m5propertyvarsity.com For business inquiries or one-on-one property mentoring, you can reach me at taurai@m5propert...
Oct 08, 2020•57 sec
Taurai explains exactly how you can earn infinite returns through property investment. He shows an actual property where he can earn infinite returns and does in detail how the numbers work on a deal like this. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Group: https://www.facebook.com/groups/M5Capital/?source_id=2089596351252662 Join our community of li...
Oct 08, 2020•17 min
Why does no one tell us about all the benefits you get from SARS to own a property? Lebo and Taurai cover: - Why do property values increase or decrease? - Why do some property's values appreciate more than others? - How does this impact your tax? - How to apply depreciation to decrease your tax (yes in South Africa!) - How maintenance on your property is paid for by SARS. - How does capital gains tax work? Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5Prop...
Oct 07, 2020•37 min
It is no secret we ONLY do multi-family rentals as our rental property investment strategy. We share why we only do multi-family (all the pros and cons) and give you an example of how we did one using an installment sale agreement or as we like to call it - we used seller finance, right here in South Africa. Don't forget to like this podcast and subscribe to our channel. Add us on Facebook M5PropertyAddicts | TauraiJackZA www.m5propertyaddicts.com Join our private M5 Capital Investor Facebook Gr...
Oct 06, 2020•17 min