How to invest in backrooms as a side hustle [Township Property Investment]

Рет қаралды 30,030

Күн бұрын

Township Property Investment aka ama backrooms is popular in buzzing townships like Ebony Park, Tembisa, Soshanguve just to name a few. Ndumiso, Ekasi Property, is sharing how he started back in the mid-2000s by buying a property for R150k, 2 bed 1 bath and now has 6 backrooms and renting out the main room. He is Equity rich and has a HEALTHY cash flow, gives back to the community, has a family-like way he runs his ama backroom rentals.
Township Property
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Пікірлер: 64

@prospermlambo8328 3 жыл бұрын

I love this guy's honesty. He doesn't claim to know what he doesn't know And what I love about this channel is that TJ literally asks all the relevant questions such that the interview leaves you clued up and well informed... Big ups to you...

@MyPropertyBusiness 3 жыл бұрын

Thanks Prosper

@jamesinsouthafrica4360 2 жыл бұрын

Watching from the UK as i recently spent a few weeks in SA and loved it..was in Soweto and later Durban. Saving this video to my educational playlist..thankyou

@MyPropertyBusiness 2 жыл бұрын

Glad you enjoyed it!

@sayso9687 Жыл бұрын

Dope episode once again. Authentic characters and stories I wholeheartedly relate to. Well done everyone.

@queenelizabeth7166 Жыл бұрын

Best interview 🙌

@terrencedaniels4232 2 жыл бұрын

When you're new to the business it can all be quite overwhelming. So thanks for the informative and relaxed chat, guys. If you were standing around in suits, all us newbies would get a bit intimidated.

@MyPropertyBusiness 2 жыл бұрын

thanks for the feedback and hope you are getting value

@thandakb113 6 ай бұрын

TJ thanks for the content

@pasekalehlekiso488 3 жыл бұрын

Thanks guys keep up the good work we are learning a lot from this videos M5 ❤️😘💯

@MyPropertyBusiness 3 жыл бұрын

Glad to hear it!

@thegogetterbymaletjemamath3166 2 жыл бұрын

What an enlightening and informative video. Thank you veery 🤝

@MyPropertyBusiness 2 жыл бұрын

You are welcome!

@lorramokoka7778 2 жыл бұрын

Wow thanks for the video what an insightful information. I really appreciated that

@MyPropertyBusiness 2 жыл бұрын

Glad it was helpful!

@zkmatu 2 жыл бұрын

Great video and great interview. :-)

@MyPropertyBusiness 2 жыл бұрын

Thanks so much!

@bonganitiso8014 3 жыл бұрын

Surely learnt a lot from Ndumiso, and dankie for your sincerity

@MyPropertyBusiness 3 жыл бұрын

Happy to hear that!

@tusonjoko6757 2 жыл бұрын

Thanks guys for the great interview.

@MyPropertyBusiness 2 жыл бұрын

Glad you enjoyed it!

@zevlove612 3 жыл бұрын

Interesting...its all about getting started

@MyPropertyBusiness 3 жыл бұрын

Thats it. well done

@AcademiaHub1234 3 жыл бұрын

Insightful, thank you 🙂👌

@MyPropertyBusiness 3 жыл бұрын

My pleasure!

@nkosingiphilesduduzo8260 3 жыл бұрын

TJ. I'm very inspired

@MyPropertyBusiness 3 жыл бұрын

Happy to have inspired you! Let's get out there and make some moves!

@princesskubheka6872 2 жыл бұрын

Thank you so much...

@MyPropertyBusiness 2 жыл бұрын

You're most welcome

@leonarddonga5280 2 жыл бұрын

Love the content, Ndumiso I'd like to advice you on getting a caretaker for your property. It's gonna dent your business image if not attended to

@MyPropertyBusiness 2 жыл бұрын

ha ha ha - I told him so. Thanks for the tip!

@MosaNyamakazi Ай бұрын

I want to do this business. I am giving myself 3 years so I can save money. I

@nztcapraise5585 2 жыл бұрын

just came across this video, awesome stuff...quick question how do you insure that your tenants dont become abusive in the water usage

@MyPropertyBusiness 2 жыл бұрын

you can install pre-paid meters and they buy water from you.

@sonwabomafunda3724 3 жыл бұрын

Thank you for the content/information, as someone who grew up in a shack(mkhukhu) and still live in it. I wanted to buy a spacious yard/house and rent It out so that I can be able to build more rooms at the back at the time goes. the video showed me some of the things I need to be aware of before I can get into this business. Am I allowed to buy an RDP house with flats at the back using FLISP and rent it all out or there will be issues with the department of human settlement. Thank you once again.

@MyPropertyBusiness 3 жыл бұрын

Thanks for sharing!

@imorgenmputle5248 3 жыл бұрын

Thank you very much M5.I get inspired everytime I watch these kind of videos , if I buy a house that does not have a title deed in Tembisa -how can I then get a title deed as the seller already informed me that the house has no title deed?

@MyPropertyBusiness 3 жыл бұрын

we will never recommend buying a property that does not have a title deed. Rather find one that has one

@imorgenmputle5248 3 жыл бұрын

@@MyPropertyBusiness thank u very much

@keerow5714 2 жыл бұрын

Nicely done.TJ Please get the camera guy to move the camera to where the conversation is going .As you move around being shown projects the camera guy or girl needs to move the lens to show the rooms and facilities you are discussing. Otherwise all else is good.

@MyPropertyBusiness 2 жыл бұрын

thanks for the feedback

@owenmangesana686 7 ай бұрын

I want to make a deal with this man

@mamosalitsiba6811 11 ай бұрын

Where are the sessions, i would like to attend?

@lulama4293 3 жыл бұрын

I'm thinking of buying an Rdp house, well that's all I can afford and then after a couple of years do the backrooms, but what if I don't get tenants and I don't even earn alot of money from my job but would like to own rental property even if it is in the township

@MyPropertyBusiness 3 жыл бұрын

As long as you have a good product (rental unit) at the right price you will always have tenants. Check out the video on our channel "how to calculate passive income from a rental property" to see how to do the numbers right so you don't end up supplementing each month.

@lulama4293 3 жыл бұрын

@@MyPropertyBusiness my brother you're doing phenomenal work and I probably will take one of your courses

@hopemajoe2577 3 жыл бұрын

Im currently owning a 1 bedroom flat in cape Town bond, taxes and levies amount to R6200 and Rental is R6000 next year I'm going to use this Rental to buy 2 RDP houses in my hometown in Kroonstad at R200 k each with a possible rental income of 1500 per RDP.. All i am saying is where possible use the rent of the Queen property to fund other properties...

@MyPropertyBusiness 3 жыл бұрын

Sounds like a great strategy Hope! Just make sure you are making a profit on your rentals every month and that you are not supplementing anything. You can check out the rental calculation video that Retha did on how to do this, if you have not yet seen the video :) Here is the link to it: kzfaq.info/get/bejne/oJ6XhNWVq9ibmKs.html

@zanelenxumalo5057 2 жыл бұрын

Guys this information

@MyPropertyBusiness 2 жыл бұрын

😄 Glad you like it!

@margaretkamogelokhoele544 2 жыл бұрын

I'm about to purchase land, do you think its a good idea to buy land and build later or buy a house and rent it out now pls assist me

@margaretkamogelokhoele544 2 жыл бұрын

M buying land to build rentals

@MyPropertyBusiness 2 жыл бұрын

It is always better to buy something that can get you an income from day 1. Land only will be an expense while you are building which could take long depending on what you are building

@mpumimpumi7360 2 жыл бұрын

What are the disadvantages of buying such a property with backrooms to continue renting out

@MyPropertyBusiness 2 жыл бұрын

Management could be tricky to split bills but it depends with the investor if one is creative to mitigate risks before they occur...

@KagoRealEstate 3 жыл бұрын

Is city of Johannesburg omitting land use rights?

@MyPropertyBusiness 3 жыл бұрын

Sounds like in this area there is blanket approval or the city is quick to approve....

@CharleenM Жыл бұрын

Hi, I'm trying to grow my KZfaq channel. I personally had a bad experience with purchasing a township house and I'm hoping to make people aware of these issues.

@MyPropertyBusiness Жыл бұрын

Hi Charleen, we would like to hear your story and potentially feature it here on our channel. Please send a mail to retha@m5propertyaddicts.com if you would like to share and feature your channel