What it takes to build rental units in Townships | Cost of building

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What it takes to build rental units in Townships | Cost of building | Real Estate

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Жыл бұрын

I promised to do a video to talk about what it took me to build these rental units. Here is the video as promised.
Click the subscribe button if you appreciate the effort.
CONTACT MY BROTHERS (if you have a project):
Thulani Mnisi | Construction services | Good Reaction Projects (Pty) Ltd
072 225 5359 | thulanimnisi911@gmail.com
Bhekani Mnisi | Welding services | Mabhekane Welding
076 0406 064 | mabhekane.rsa@gmail.com
For more information, visit www.after12.co.za

Пікірлер: 405

@vincethusi7766 10 ай бұрын

You're the only guy I know that go into details and never hide anything ❤❤❤❤ respect brother🙏🏾

@PropertyChatWithKG 8 ай бұрын

12 properties is a milestone. Celebrate you, brother!

@user-iz4wy9vu3t 3 ай бұрын

I love to see when everyone in the family is an expert at something, then they come together and do something beautiful like this

@yourehuman9325 8 ай бұрын

" I am jst staying in my lane, I am jst respecting where God wants me to be and I am jst respecting where my Ancestors want me to be & run at the pace I am able to run at " wow what takeaway!🌠

@simamkelecamagu 9 ай бұрын

Thank you for the detailed video am a 21 year old working abroad planning to start my own rental units back in SA u gained a subscriber

@addymatimba8659 2 ай бұрын

Do your planning very well property is great investment. Plan and execute

@zukileraphaelmomoza2553 4 ай бұрын

Haibo youtube just recommended this brilliant video 🎉🎉🎉

@Sthabi_Alonzo 4 ай бұрын

Mr Mnisi, well done on the success of this project. In the future, to save you time and allow for proper cash-flow planning, you can contact a Professional Quantity Surveyor like myself. A PrQS can calculate the cost per trade in advance, that means, Cost for (a) Foundations (b) Superstructure (c) Roof (d) Finishes (e) Plumbing & drainage etc. I can further assist in determining the Return On Investment, when your investment will break-even etc. Once more, congratulations brother.

@sepohosekwaila4858 4 ай бұрын

I like this. What would your fee structure look like? A lot of us want quality built projects but as you can imagine, without investors backing us, cashflow is a sensitively managed problem.

@Sthabi_Alonzo 4 ай бұрын

@@sepohosekwaila4858 The fee will depend on the proposed structure and size. Indeed, cashflow can pose a few challenges.

@coversconnect8454 3 ай бұрын

Hi Sthabi, Please share your contact details would be interested in touching base as I am currently pursuing a project

@leratomaphaha8847 2 ай бұрын

Your contact details please

@beekayrapsmedia Күн бұрын

Hi, how do we get in touch with you @sthabi_alonzo

@CarterD399 2 ай бұрын

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

@nathanphilips-fo8ui 2 ай бұрын

It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

@nathanphilips-fo8ui 2 ай бұрын

It's a great idea to have a conversation with financial advisors like Emily Jason to reshape you portfolio.

@BorisMorgan-gp7pe 2 ай бұрын

I agree with you, I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

@BorisMorgan-gp7pe 2 ай бұрын

She's really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment 👏

@FrankScott-fj8ls 2 ай бұрын

Emily Jason’s special strategy is in her realistic approach and that’s sets her far above other brokers who sets outrageous targets and fails to get it.

@pleaseleave2live 4 ай бұрын

Well done man, this is what I call black excellence and congrats kwande bafo!

@sfisosambo8217 2 ай бұрын

There's power in unity. A family that works together...can only grow. Big ups to you gents. Well done, Im really inspired. Beautiful video.

@ntuthukondlela8224 4 ай бұрын

so you recover you capital in less than 3 years. That's amazing

@pinkysegolabeng3576 3 ай бұрын

you will never go wrong with property.i starterd small too.

@kaylee4692 3 ай бұрын

Hey Pinky. Where are you based? May I have your numbers if you don't mind

@ndimumnini5894 3 ай бұрын

good hearted business gent, I fear PROTECTION FEE hooligans with these figures.

@percybaadjies5298 20 күн бұрын

My brother, I consider you and your brothers heroes. You guys are role models in our country. Keep up the good work 👏

@VeliswaNama 3 ай бұрын

I am knew here and I love when you mentioned baby steps...I would like you to mentor me as I need this business..I built 2 rental rooms in the location last year,I have one tenant yet other room is empty. So now in my mind I was thinking 2 build other 2 rental rooms.people that are close to me they think I am under pressure because other room it's still empty.. built the rooms from my pocket not loan.

@MStallworth 11 ай бұрын

Congrats Brother, I like what you are doing and would like to receive more information on how I can get started building in townships. I'm an African American and I visited South Africa earlier this year and felled in love with the country. I see so much potential and growth there.

@phirifeleciakeokeditswe8495 4 ай бұрын

As someone who is looking into doing this, thank you so much. This is very informative. I love that you explained everything in details. God bless you abundantly 🙌🏾

@O-J95 Жыл бұрын

What an Inspiration my brother. We need more content like this

@pusokabo Жыл бұрын

I really love what I've just watched. Truly inspiring. I particularly love the family collaboration but just wish that you had given the names of your brothers' companies or ways to contact them in the description to push business their way.

@hadison_global 8 ай бұрын

Hello His brothers names and contact details are on the description. Not sure if they were initially there when you wrote this comment Thankx

@pusokabo 8 ай бұрын

@@hadison_global Thanks. I'm glad he did. I had checked at the time and didn't see the details so I may have missed it or I did good to give my advise. They give me inspiration

@addymatimba8659 2 ай бұрын

I enjoy his transparency birds of the same furthers fly together

@borismkhwanazi583 4 ай бұрын

Salute Africa's child 🎉🎉🎉

@mrmanq9517 Жыл бұрын

You're an inspiration skhokho, really OPENING our eyes to the possibilities 🙌

@Mr.unkoun 2 ай бұрын

Im cureently 26 and im hoping to own at least 1 property rental by 30

@summer7613 13 күн бұрын

Let's get it

@Life.1. 13 күн бұрын

@@summer7613sisonke guys🤣🤣🤣

@user-ew2xj3if4u 2 ай бұрын

Thank you for saying that not everyone will get the same price as you. I figured out that you can't always be the middle man. Be the source or create it.... I wish strength and all the courage

@mbonisamnkosi2500 4 ай бұрын

Nice. We dont call them those 1 bedrooms this side, we call them bedseaters. Perfect for students accommodation. Love them

@thatomaputla4725 3 ай бұрын

All I can say is I have plans, and you checked every box. Great video brother

@nonhlakaniphosibiya Жыл бұрын

Kuhle , I’m also planning on building rentals ... I’m trusting God and I’m trying to save . Thank you for sharing Buthi . Congratulations 🎉

@Baby-yl4bp 2 ай бұрын

I've never been more inspired, your video is very informational... And congratulations on your 12th property, hoping to see you grow bigger and better in few years.

@justafrica-zc2mz 4 ай бұрын

Congraturations! I hope one day you get the chance to share this on a national television. A very nice trajectory that you have taken Good luck.

@queen_malinda 3 ай бұрын

Hi Lindo, thank u for the update, as well as clarity how u got benefits that we may not get. It is well presented and very clear to all who'd like to do likewise. You've also created beautiful, great units. Even the renters will be pleased, I would be. It's huge rooms, considering what is being built these days out there.

@BoyceDennison 3 ай бұрын

Powerful presentation, you just reminded me of my project that i did at home its not a child's play to build. Your a motivation.

@bonganiterrencekhoza4603 3 ай бұрын

Building is difficult broer 😂😂😂

@spm9130 2 ай бұрын

I’m old enough to be your mom, but you have taught me so much here! I wish you more growth and success my son, and may the Lord protect you and keep you grounded. Well done 👍

@Mabuthelezi 5 ай бұрын

well done my brother and wishing you prosperity, success and blessings!!!

@charlesphiri4150 10 күн бұрын

Mr Mnisi thank you for acknowledging God and your ancestors

@RegisChakanetsa 4 ай бұрын

Geat work and well-done for acknowledging your ancestors and God in your business journey 🙏👍

@generisarts 3 ай бұрын

Who owns the land there ?

@mxolisikhanyile7368 3 ай бұрын

Just inspired. So much work you are doing to grow BIG with the masses. Thanks BHUTI WAMI. 👍

@tselisonkuebe9116 4 ай бұрын

excellent. I like your vision. Look up hydraform interlocking bricks for faster building

@MnceraFakudze1. 14 күн бұрын

That great my brother, im happy that finally i found the channel that motivate my Dream and inspiring me a lot.

@thandisilec835 9 күн бұрын

Wow so inspiring, showed your channel to my cousin as she’s also doing the township rental business and she’s subscribed! Wishing you more business growth and success 😀

@KaYO_M Жыл бұрын

I have a couple of questions: 1 - Why are you investing via the company and not as yourself. 2 - Do you have any property registered under you and what are the tax implications, 3 - How are you separating services like water and electricity for your tenants and yourself?

@kopanomofokeng6562 8 ай бұрын

Never own property in your personal capacity.

@xolanimdakane7998 7 ай бұрын

@@kopanomofokeng6562 why?

@Kiwanuka1 5 ай бұрын

Why? @@kopanomofokeng6562

@veemash643 4 ай бұрын

@@kopanomofokeng6562why is that?

@truth8879 4 ай бұрын

Correct ❤

@bonganiterrencekhoza4603 3 ай бұрын

This guy has so much wisdom. Much respect.

@Hungwe 2 ай бұрын

Thank you for clarifying your profession. I was amazed by your English its clear that you are a journalist 😮

@biggeststeppa1 3 ай бұрын

This is a very important channel. I hate that I'm only finding it now

@tebogomametja1426 4 ай бұрын

This is very inspirational my brother, i love how you maximize the space you have.

@loisnyenge7599 29 күн бұрын

Staying in my lane,,,, I like that. Yes we will be seeing you growing big sir. Thank you for inspiring me

@motshidisimokubung6951 3 ай бұрын

Thanks my brother. You are the best business man I ever came across. Give us ideas that each an every cost you record it . Thank you. You are informative.

@mmconceptdevelopment9848 3 ай бұрын

Good video brother. I have however noticed that you haven't added architect, engineering and municipality fees.. these I think are very important costs that consumers need to know about..

@5801160052086 2 ай бұрын

Exactly my concern ... we're plans approved by municipality, was an occupation certificate granted? Because without these the buildings can be condemned and torn down.

@NolwaziMlimi 2 ай бұрын

I love how spacious it is. I also just finished building 2 flats. In the process of building another 8 as my plan has 10 on the stand. The costs definitely shook me but we soldier on. The plan is to create passive income and leave something for the kids.

@azaniamorake Жыл бұрын

I love your honesty. Good luck and God bless your

@dumi_liferecipes 23 күн бұрын

Congratulations bhuti usebenzile, well done and thank you for sharing this information it is truly helpful👏🏽

@kaym765 4 ай бұрын

This is so inspiring, even if I had the money to do this I wouldn’t. This is solely because I would have to deal with having to pay things such as a “protection fee” which is absolute nonsense 😢

@mpumelelontombela589 4 ай бұрын

Same issue with me

@kaym765 4 ай бұрын

@@mpumelelontombela589 it’s heartbreaking 💔

@sijo4437 3 ай бұрын

What is protection fee?

@kaym765 3 ай бұрын

Thugs demanding money for “protection” from business owners in the township 😢

@kaym765 3 ай бұрын

@@sijo4437 Thugs demanding money for “protection” from business owners …😢

@thabonkosi1385 8 ай бұрын

Thank you for sharing., without brothers and discounts I have paid R210k to build and I have used the best prices or I have compared the prices to my best. It is a total of 50 square meter which are Bachelors with full shower bathrooms and single storey thus no slab required but the roof is the same. I am saying to viewers for Lindos structure look at R350k including plans and all stuff. The price also will depend as I see Lindo's yard was already paved and the boundary wall.

@iamdon7920 8 ай бұрын

Dude I wana build a double story,two down and two up,how much am I looking at in terms of price

@aubreymogane6722 8 ай бұрын

Yah bro, thanks for sharing. I’ll be starting with mine soon. Thanks

@thabisavili6245 Жыл бұрын

Great work Lindo. Well done, you are going far.

@lungamthembu5815 2 ай бұрын

Thank you for sharing your journey with us. I'm inspired to also continue taking baby steps. Sometimes it feels like not having access to info that could help us grow at a faster pace is limiting, but you just reminded me that taking baby steps is just as good and the lessons learned , yet to be learned are necessary. I love the tip of documenting everything on a spreadsheet instead of merely keeping receipts, which I've been doing and still have no clue or reference of the costs and material quantities for future projects. Keep pushing. I wish you all the best on your growth.

@Kalushimatlatle 4 ай бұрын

Thanks for the honesty. People are getting ripped off by middlemen out there….Project managers who call themselves builders only to outsource the work to boMnisi, Ndlovu etc

@FinanceFocus2468 2 ай бұрын

Thank you for transparency. Be blessed and continue advising the community. ❤

@lamontmzimela758 3 ай бұрын

First time watching your videos.. this video is helpful

@thulanintombela4657 4 ай бұрын

May God bless you my brother and bless the work of your hand 🎉🎉

@thendanymaluleke6478 Ай бұрын

HI Iam so excited about your project and wish you all the best in the future, I tried prematurely and got a building contractor who was not really who I thought they were as far as expect ice is concerned, so I would like to thank you for bringing light back into my dream. i would definitely like your brother's assistance with completing my own small project thank you very much

@mcallistergovender9677 7 ай бұрын

Hey brother a fellow south african here really enjoy your videos. Keep it up friend 🎉

@bongilestemela8860 2 ай бұрын

This is well-detailed, clear & inspiring! Much respect! 🙏🏽 Thank you Lindo

@user-gy4lb2qy3m 3 ай бұрын

Not much to say but I am really inspired and thank you for your honesty🙏

@Soulkid22 4 ай бұрын

I'm inspired mfanasem'zini 🙏🏾🤝🏾

@nellynogula7080 3 ай бұрын

very useful i just started with mine, i really underestimated the costs but ill build half and continue no rush no pressure

@siyabongahlengwa8289 4 ай бұрын

I like your honesty and humbleness, be blessed, wish you keep in touch for mentorship, wish to follow in your footsteps.

@fikilembanjwa6408 2 ай бұрын

Well done brother, thank you for the breakdown. It really inspire people like us who want to start small

@lazisolutions3417 10 ай бұрын

Wow this is motivating me to actually get into the property development space. I've been thinking about it for a while. Ngiyabonga bhuti...akwande mft🙏

@mlungisimashinini6584 Жыл бұрын

Simplicity is the sophistication; beauty 🎉🎉

@vuyanimas3845 3 ай бұрын

The business ecosystem is crazy you are onto something big my G value chain is the way..🔥🔥🔥🤞🏿

@sharonkgomo4009 3 ай бұрын

This has been so motivating. Thank you for being authentic even in your feedback regarding the figures. Appreciate it!❤️🙏🏽

@leonelmcklenny6995 2 ай бұрын

The Previlage of the Brotherhood goes a long way 🎉❤

@mnyakamnyaka2742 10 ай бұрын

Umuntu ngumuntu ngabantu, thanks my brother.

@patriciashange7718 4 ай бұрын

Good start Lindo, infuture you will be owning a big yard three story flats. Imbambe kanjalo son

@njabulombuyazi5132 2 ай бұрын

This is such a great win-win as brothers. Very inspiring. I am glad you paid for your brothers services. Really great stuff. Keep on keeping on Nkonjane! uMsebenzi uyangcomeka!

@RealTV11 3 ай бұрын

You are a content creator, the fact that you created this video which is content to us, you are a content creator. And there is nothing wrong with being a content creator. But I do understand your reasoning. Nice content lol 😂

@mosadiolefile3085 4 ай бұрын

Lindo Mnisi my Brother theres donations tax implications there, the difference between the discounts that your brothers gave you and the market value you multiply by it by 20% is donations tax obvious subject to R100 000 annual exemption. SARS might look in to this.

@pleaseleave2live 4 ай бұрын

sars don't tap on you when you have a business bro, so your property is tax free and do you know Macdonald is on property?

@SindiSibisi-yz7qs Жыл бұрын

Great content Lindo, keep it up 👏 . Congratulations for your achievements 👏 ✨️ 🙌

@MrsLaps01 4 ай бұрын

You're a God send. Thank you so so much. God bless you sir.

@thandekakhathi7894 11 ай бұрын

Thank you so much for sharing this with us ,may you continue to grow!

@sibongisenintuli8656 2 ай бұрын

Thank you my brother, your're the best. exactly what i needed, you should drop your brothers details in case someone wants to hire them or to negotiate with them. Please post more videos!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@pk9096 3 ай бұрын

Very proud of you child,keep up the good work.Family support is crucial but you lucky to have that.What do you do on your own to contribute in building or saving money for yourself.Do you have a wifi in your flàts bcos people need that.Have you included money for damages on property,any insurance etc bcos you invested a lot in this project.I love it when you say small steps,at your own pace,in your lane,you are not a glamourous person,you down to earth,I love that.Advice. Nevermind forget to put Father God first in everything you,pay your tithes and offerings,pray daily,❤❤❤❤

@EvaTumza 3 ай бұрын

Theres power in starting small, wow,,,....inpspired. you've gained a follower

@mokone2020 3 ай бұрын

Hey buddy, I got to know you when we were finalists for the Vodacom's "First" competition. I am so impressed and encouraged on how you have grown. I would really like to meet you in person. Thank you for the inspiration.

@meshacknonyane1132 2 ай бұрын

You are so humble may God increase you.

@muramasa_ZA 3 ай бұрын

I love this so much, thank you I will return to this video one day to look for your brothers' company

@melisizwekabanyane3742 2 ай бұрын

I wish you all the best Lindo and thank you for sharing your story. God bless you

@refilwemoroka6132 3 ай бұрын

Thanks bro i wish u luck and God bless u.Esp because ur not hiding anything.Big up for that big boy!!❤

@calvinmkhonza8687 4 ай бұрын

Hi. Thanks, you forgot to talk about Tenant insurance, which is very important, I speak from experience, got burned very badly.

@vuyanimas3845 3 ай бұрын

@calvinmkhonza8687 What happened please share

@calvinmkhonza8687 3 ай бұрын

@@vuyanimas3845 I rented a house to a men through an agency, he was later joined by his unemployed wife and 3 children. A few months later he and the wife had a disagreement and he moved out of the house and the agency failed to inform me. I only found out when the monthly rental money stopped coming in. The wife was not paying the monthly rental and she was refusing to move out. The unfortunate part was that the wife's brother was an Attorney who specialized in illegal eviction. Basically the both of them ended up using the PIE act against me( Prevention of Illegal Eviction of South Africa). Google this act so you can understand what it says. I ended up only evicting her and the kids after 8 long months. I had to pay the Lawyers for the eviction and never received any rent for those 8 months. The total loss was over R70 000.

@sphesihlesithole 2 ай бұрын

How to avoid being burned

@thabogare8012 2 ай бұрын

Much as I’m impressed with what I’m seeing you haven’t covered the acquisition of the site and the drawing of the plans and approval from the municipality. Very soon I will be going on pension and would love to venture into real estate.

@BhelekaziMpaka 3 ай бұрын

Wow 👏 congratulations Bafo 👏may the good Lord continue to bless you um very inspired Bafo

@zproximo 7 ай бұрын

Truly inspiring my brother...

@princeshaun7725 3 ай бұрын

Love how you keep repeating "Babysteps"

@thebiochemist5205 Ай бұрын

This is a well detailed video. Thank you and God bless your work.

@mbuyiselo1 2 ай бұрын

Beautiful. am sure you have good planers but it i planned this the house would have an en-suite instead of a free standing bathroom to have a bigger open plan kitchen/living room.. and make it smaller ensuit.. nothing big.