I BUY These Properties in South Africa

Рет қаралды 34,275

7 ай бұрын

I BUY These Properties in South Africa
BUY My Property Course here : payhip.com/LouisReynhardt
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DISCLAIMER: I`m not a financial advisor and hence the content of these videos are for educational and entertainment purposes only. Investing is a risk related practice and should be approached carefully.

Пікірлер: 123

@kgothatsomakau2965 Ай бұрын

So informative. Im 29 and work as an accountant and looking to invest in property. Although, statutory and tax wise I am informed. The detailing in this video is broadening my perspective! Thanks.

@louisreynhardt Ай бұрын

Thank you very much. Your comment means a lot. Im sure my other property related videos will be just as beneficial. Thanks for supporting the channel.

@DigsWigs2022 10 күн бұрын

Steady. Paced. Great South African. Danko!

@louisreynhardt 10 күн бұрын

Thank you for watching 🙏🏻

@ThiagoSW11 6 күн бұрын

Hey, your videos are GREAT. As a young guy, I've watched a lot of your video and you've taught me a lot. More than all my years of schooling. Keep it up!

@louisreynhardt 6 күн бұрын

What a great compliment. Thank you for watching. Check out my latest video that was released tonight. Im sure you will enjoy it 💪🏻

@Gilbertdeon 7 ай бұрын

Hey man, i could definitely use a mentor in this space, i am looking to start investing in property in South Africa, how can i get hold of you

@louisreynhardt 7 ай бұрын

Hi Deon, You can pop me an email at louisreynhardt@gmail.com and we can go from there. Thanks for watching 👊🏻 😎

@joanpearl7184 2 ай бұрын

Totally agree with this, purchased a property last year, sale price R1.5M bank evaluation if in good condition R2-2.2M , area supports R2.2-R3M. I get access to equity as per registration to R300k which means I have capital available to get another property based on the income stream of the current property. Rented out R25k.....within 3 months. Reason, person emigrated, they rented to their family who didn't pay anything and never kept property and were looking mighty unhappy whenever anyone came to view.

@louisreynhardt 2 ай бұрын

Wow, interesting. Thank you very much for sharing. Finding distressed sellers is probably one of the best ways to make money, mitigate risk, and gain as much as possible. Well done 👏🏻

@simbarashetsithole8203 4 ай бұрын

You said Whats up Louis it’s guys here 😂🙌🏾

@louisreynhardt 4 ай бұрын

🤣😅😅

@BenjaminMalatji247 4 ай бұрын

Always great intro😂

@mashudurathogwa4731 3 ай бұрын

That had me on the floor

@user-di7jm8nj1w Ай бұрын

@@louisreynhardtabsolute legend

@heavenly894 3 ай бұрын

Great advice, thank you

@caiphassithole3749 4 ай бұрын

Just subscribed, very informative

@louisreynhardt 4 ай бұрын

Welcome to the channel my friend 💪🏻💪🏻

@davetemane696 3 ай бұрын

Just subscribed. Absolutely stuff you do on this channel mnr🎉❤

@louisreynhardt 3 ай бұрын

Welcome to the channel my friend 💪🏻 thanks for the support 🙏🏻

@marciajabulile3360 3 ай бұрын

Very infotmative & im learning alot. I just subscibed yo your videoe.

@louisreynhardt 3 ай бұрын

Welcome to the channel my friend. Hope you can learn a lot more 💪🏻💪🏻

@SCELO_MYEZA. 7 ай бұрын

Great advice right there, mate 👍 . People can make a lot of money by considering fixer uppers, only if you'll fix it and rent it out though 🤔. Flipping and selling attract a lot of taxes as it is considered trading by SARS. So it's advisable to talk to a TAX Attorney about this before doing it. In terms of buying properties that are fully paid off, well, couldn't agree with you more . I've came across these properties for about three times, the real estate agent will say " it's on the market for the 1st time in 45 years " . All of them were in good locations but in bad conditions, they all had the original finishes, plumbing and electrical wiring. So I said to myself ,"Well let me wait at least a week or two before doing anything". Three days later, they were gone😮.

@louisreynhardt 7 ай бұрын

Great stuff. Thanks for sharing. You make some great points. I believe that your comment will be valuable to other subscribers and watchers. Thanks for sharing. Keep it up. 💯

@annalizevanderwalt7579 7 ай бұрын

Wow Louis stunning info

@louisreynhardt 7 ай бұрын

Thank you for the feedback and for supporting the channel 🙌🏻🙌🏻😁

@mbewu 5 ай бұрын

Just subscribed🎉

@louisreynhardt 5 ай бұрын

Welcome to the channel 💪🏻💪🏻

@Romeo007sm 4 ай бұрын

Louis, thank you for this channel. Completely transformed my way of thinking. 👏

@louisreynhardt 4 ай бұрын

It's an absolute pleasure 🙏🏻 🙏🏻

@Mr_XM831 7 ай бұрын

Great video, buddy. Keep them coming. Which site can I use to check the property value, please?

@louisreynhardt 7 ай бұрын

Thanks a lot my friend appreciate it. You can use TPN's investor reports 💪🏻

@andrewsidelo8221 4 ай бұрын

Hiw am i only finding this channel only now. M learning alot here. Thanks bro

@louisreynhardt 4 ай бұрын

Welcome my friend. Hope you can continue to learn 💪🏻

@ernestowilliams9124 4 ай бұрын

I found out about this channel last week... I'm sure the algorithm is favouring him and I'm all for it

@rcstringers Ай бұрын

this is a great video for the layman. lekker one

@louisreynhardt Ай бұрын

Thanks my friend I like to think so too. Thanks for watching 👊🏻

@jacovanwyk46 2 ай бұрын

Louis, jy is ‘n yster bul. Well done

@louisreynhardt 2 ай бұрын

Dankie champ 🏆

@eldalopes4437 3 ай бұрын

Thank you Louis - great content! Looking at Property 1 my immediate thoughts are that the renovations will cost a lot more than 50k?

@louisreynhardt 3 ай бұрын

Thanks for sharing. It probably depends on the level of renovation but working with 10% of the value of the property can be a good rule of thumb.

@khangelanimakhubu9954 3 ай бұрын

Great video Louis, But if I may ask, who decides on how much the property is registered for especially in cases where the property is bonded?

@louisreynhardt 3 ай бұрын

You can decide the registration amount as long as it is realistic. The only time you might run into some challenges is with the refinancing part. You cant for example register a property that is worth R500k for R2m just because. It. Needs to be realistic, so for example, R600k or R700k

@haggaikathewela8910 7 ай бұрын

Hey suppose you buy low, then as in the case of Covid or other macro or micro economic changes happen eg interest rates hikes and thereby causing properties to be expensive than they should be. How do you maybe recover from that or matrix involved in recovering the costs….or it’s a matter of sticking to equity building but no cash flow?

@louisreynhardt 7 ай бұрын

I would say equity is more important, but equity combined with cash flow is very powerful. The short answer is to just make sure you always hav a healthy reserve to cover your shortfalls, especially in high interest rate environments. You can use your equity to cover your shortfalls

@Moneykings-fk7ib 7 ай бұрын

Hello I'm a 14 year old from gauteng when l invest in real estate in the near future l would invest in SFH normally 3bed 2bath So I would just like to know what is the best investment strategy for Sfh , rental, lease options matrix?

@entertainment_0162 7 ай бұрын

i'm 15, nice to see a teenage here

@louisreynhardt 7 ай бұрын

Im super impressed to see someone so young watching these videos. Well done. Keep on learning about these things, and you will be very successful one day. I would say SFH is a safe investment but more focused on longer-term growth. If you want to generate money, use Multi lets. If you want to park your money, use Sfh If you want to pop me an email at louisreynhardt@gmail.com 👊🏻

@louisreynhardt 7 ай бұрын

Keep on learning my friend you will be very successful one day.

@selinazondwane3508 7 ай бұрын

Hi , I'm interested in your property course which I already checked out on the website....so I wanted to know if there's some kind of a certificate that you get when you are done or not ?

@louisreynhardt 7 ай бұрын

Thanks for reaching out. Yes, you get a certificate when the course is completed. However, this is not a certificate that can be used for a job application or something. It's just to show that you have completed the course. However, the value that you get from the course is worth much more than a certificate. 💪🏻

@KatlegoMakoalaJacob 7 ай бұрын

What is the site you use to view the history & area prices?

@louisreynhardt 7 ай бұрын

I use TPN's investor or rental reports 💪🏻💪🏻

@welele9010 3 ай бұрын

What do you mean register the property with after repairs cost? Won't it be registered with the price you paid at the deeds office?

@louisreynhardt 3 ай бұрын

You can register it at a higher value to refinance later on. You just need to register it at a realistic price and tell your bond originator 💪🏻💪🏻

@estiancilliers7669 7 ай бұрын

Hi Louis, how does the refinancing work? For eg you take out a loan for 1 mil, buy a house ect and then refinance it after 6-12 months for 1.2 mil for example Does the bank then "loan" you the difference (200 k) since you alrewdy have the loan for the 1 mil? (Obviously your bond payment probably increases since the loan amount increases)

@louisreynhardt 7 ай бұрын

Estian, you are 100% correct. I can only add that when you receive the R200k, you can park it in your access bond, so then you dont have to pay for the higher bond cost. Only when you withdraw or use that money the bond will go up.

@natietroskie719 7 ай бұрын

Hi Louis. I am busy buying a house for R395k. When and how do you register it for more? I got the property for 100k less then the asking price.

@louisreynhardt 7 ай бұрын

Well done, This should happen in the start of the process once you are granted the loan. When you receive your final grant this should be done.

@kopanomofokeng6562 7 ай бұрын

Louis, at 3:48 you say " you register it for its after repair value" please explain furthr. My understanding is if the property is for sale R600k and I buy for R500k, I register the property at R600k to access the R100k value. But with your suggestion, how do I register it for its after repair value considering timing? I think I am missing something.

@louisreynhardt 7 ай бұрын

The after repair value is the value above the market price after you have repaired or renovated the property. If a run-down property is worth R600k and you buy it for R500k, you can register it for R700k. This R700k is the after repair value after you fixed it up again. You are basicly forcing appreciation with renovations.

@Pfumoreropa 4 ай бұрын

Thank you for the explanation@@louisreynhardt . Do i negotiate this with the transfer attorneys or do i register at the 500k then reregister after rennovations?

@louisreynhardt 4 ай бұрын

@Pfumoreropa this is very important to do before you register. This is something you can tell your attorney or your bond originator before the registration process starts. Also, confirm it with a Grant showing the registration amou t.

@pulengkoko497 21 күн бұрын

Hi Louis as far as neglected properties are concerned you said the property was listed for R600000 but you would buy it for R500000. How do I maneuver a reduction like that do I negotiate with the agent?

@louisreynhardt 14 күн бұрын

It takes a bit of experience and knowledge of the markert in that area. I would say make a cheeky offer, the owner can only say yes or no. Everything in life is negotiable.

@SpartanHighKing14 4 ай бұрын

Do you recommend buying a property in this current economic climate of high interest rates? My thinking is that high interest rates discourages more buyers from entering the market, thereby driving down demand and reducing the overall prices of houses (i.e a buyer's market)

@louisreynhardt 4 ай бұрын

You are 100% right. Buying now can create a lot of opportunities because a lot of people are flat broke because of high interest rate debt... if you plan to hold onto property for the long term, you can buy any time as long as the deal makes sense.

@jennarose3088 4 ай бұрын

Seems people forget when interest rates were 27% between 1997 - 1999. So many people lost their homes and many properties and developments, whole unfinished townhouse complexes were reposessed by banks, so many, that you could pick and choose for a song and a dance, and still make your offer inclusive of all costs once the bank had bought them in on the auction. Those who bought their PIPs, properties in possesion during 1999-2000 have had an eight to nine-fold increase in their property values. One thing is for certain; if you look at the gold/silver performance charts over the last 100 years, property has way outpaced both comodities. Remember property will give you a pension for life while the value of your property/capital will continure to increase if you manage it safely while your income will always keep pace with inflation. Look at the interest rates in Zim where if you want a property, most pay cash because of high interest rates. If the interest rates go up, property values start coming down per every interest rate increase.

@justinagulhas4819 7 ай бұрын

What's up louis, its guys here😂

@louisreynhardt 7 ай бұрын

😁😁😁😁

@leonorejanson5140 4 ай бұрын

Again, Pinch of salt. But, thank you so much for all this info. ❤

@louisreynhardt 4 ай бұрын

Im Afrikaans, my english is below average clearly, haha . Thanks for watching 💪🏻

@leonorejanson5140 4 ай бұрын

@@louisreynhardt Your English is far better than my Afrikaans. I was just joking. Thank you for very informative videos. 🙏

@Sibusiso43 7 ай бұрын

I told by bond attorney, didn't register my bond at higher value, tht I requested, how do I correct this.

@louisreynhardt 7 ай бұрын

Unfortunately, you will then have to pay registration costs again to register it at a higher amount.

@Sibusiso43 7 ай бұрын

@@louisreynhardt thanks Louise

@oriyomiadegbesan9022 Ай бұрын

Hi, I'm interesred in your property course. How can i join?

@louisreynhardt Ай бұрын

To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process. Looking forward to have you on board.

@pontsho_more 4 ай бұрын

Hi Louis. Please share a recommended option of rent insurance

@louisreynhardt 4 ай бұрын

You can check out Rentsecure. Just to add to the comment. I don't use rental insurance, so I can't comment on the product itself. Hope it helps.

@pontsho_more 4 ай бұрын

@@louisreynhardt thanks Louis for your response

@louisreynhardt 4 ай бұрын

@depo-vision7301 💪🏻💪🏻💪🏻

@PhutiXulu 4 ай бұрын

Why is it important to register the property for more than you bought it for?

@louisreynhardt 4 ай бұрын

Because you can always refinance it later and get access to equity for future investments or to use as reserves 💪🏻💪🏻

@mphotshabangu1783 4 ай бұрын

I want to enroll in the course please

@louisreynhardt 4 ай бұрын

Sure, you van follow this link or pop me an email at louisreynhardt@gmail.com To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process.

@mawethuzita4423 4 ай бұрын

How to check the market value online?

@louisreynhardt 3 ай бұрын

You can use comparable sales on property 24 or draw A TPN or Lightstone report 💪🏻 Please consider my property course as it holds a lot of value and important information. The reports is also something I cover. This is the best way to learn all the necessary skills to be a successful investor.There is also a mentoring option available which is the most popular option. To secure your spot, simply click payhip.com/LouisReynhardt and follow the easy registration process.

@user-pk6ib1ls9j 7 ай бұрын

How can I contact you ? cuz I want to discuss about a business with you

@louisreynhardt 7 ай бұрын

Pop me an email at louisreynhardt@gmail.com 👊🏻

@slysken.4010 7 ай бұрын

lets go

@louisreynhardt 7 ай бұрын

Lets gooo 😎👊🏻

@sanelekhayelihlegumede3759 7 ай бұрын

I'm sitting with R800k cash, I don't want buy a flat and rent out. I feel the returns are not good. What is the best option?

@AyaGumede 7 ай бұрын

I'm in the same situation 😅

@louisreynhardt 7 ай бұрын

When using leverage, you can still keep your cash but control the property . Or you could consider traditional investments like bonds or fixed savings accounts.

@LeonardMokubedi23 Күн бұрын

Do a research on ETFs.

@emannuel.5540 4 ай бұрын

Hi Louis I bought a house. Paid off. How do I refinance now that its in my name and fully paid?

@louisreynhardt 4 ай бұрын

If the bond is closed, you will have to register it again and pay for the cost. I always advise keeping the bond open so that you have access to the money in the access bond. Hope that helps.

@emannuel.5540 4 ай бұрын

@louisreynhardt Yes, it does. Thank you.

@kreativekraal 4 ай бұрын

Whats up louis, is guys here? Did you miss the mistake in post?

@louisreynhardt 4 ай бұрын

No its on purpose 🤣💪🏻

@user-di7jm8nj1w Ай бұрын

Where can i find cash buyers?

@louisreynhardt Ай бұрын

They have to find you unfortunately. Unless you advertise your property for a cash only sale

@user-di7jm8nj1w Ай бұрын

@@louisreynhardt oh okay, thanks

@jordandarlow1047 7 ай бұрын

Louis, how or who do you register your properties to? Are you running the assets through your name or a company or a trust?

@NoloMamps 7 ай бұрын

Hi Jordan, I learnt from his previous videos that he uses a trust. His advice was to never put anything in your name.

@louisreynhardt 7 ай бұрын

Majes me happy that you can now share this knowledge with others. Well done 👏🏻 ✔️

@louisreynhardt 7 ай бұрын

I use Trusts and CC. Its not a great idea to own any of these assets in your personal capacity.

@leonorejanson5140 4 ай бұрын

R600 000, in which province?

@louisreynhardt 4 ай бұрын

This was in Bloemfontein 💪🏻💪🏻

@jamesyankins6429 7 ай бұрын

Why don't we have this style of financing in Nigeria?

@louisreynhardt 7 ай бұрын

Do you mean refinancing or what part ?

@jamesyankins6429 7 ай бұрын

Refinancing and leveraging debt, wealth building without these financial products is difficult.

@louisreynhardt 7 ай бұрын

@jamesyankins6429 Can't believe they don't implement these tools. So you mainly have to use cash or large deposits?

@jamesyankins6429 7 ай бұрын

We do have mortgages but investing in real estate in Nigeria is for the super rich and for corrupt politicians to hide the money they stole in office. The mortgages are over 15% annually which they collect monthly but we pay our rent in Nigeria yearly so it's not ficible for the average man to use these mortgages, we have to save up to have real estate investment in areas without good pricing.

@jamesyankins6429 7 ай бұрын

You should do content on how foreigners outside south African can invest in real estate in your country.