Video

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer...

Can I set up a Trust and apply/qualify for a mortgage bond?

FYI: Your written equation and stated (verbal) equation are different. I.e., the "x100" should not be part of the denominator.

Absolute nonsense. I had an agent place an inappropriate tenant without my signing the lease and when the tenant stopped paying a couple of months in there was zero legal recourse. No proper employment checks .. Congolese asylum seekers. Two years of eviction proceedings through Covid

I'm thinking of going for low income location where maybe I can purchase property for around 250k-300k

And the answer is?

Haha I laughed when you said you are going to make R100k before the end of the year with the R20k. I'm also a trader (but a crypto trader) and have been doing it for 4 years now and as Renzel below said, it's veeeeery hard work, lots of stress, sleepless nights, consistently connected to news, the economy, trends, ect. continuously doing technical analysis in the 4, 1day, 1 week candle time frames with different trading platforms, trying to figure out the movement of the market and next possible targets. And then only will you start to see patterns and next Fibonacci targets and will then start to make money, but this does also not say that you will be caught that one day and loose all of it again. It happened to me alot and I can say that I've lost almost R300k in the first couple of years and i'm only starting to regain the lost money and i'm not in profit yet. But as they say, trading is a lifestyle and if you keep on going then only after 5years plus will you start to make money. So good luck. :)

1% rule

I don't know, maybe I am wrong, but I feel like buying property through a company and placing your shares under a holding trust is a better option for reducing taxes. In a company, there are many ways to reduce your profit through expenses and allowable deductions, like Section 13. Also, if you are using a trust, can you get funding from a bank? Is it as easy as getting funding through a company?

I was thinking of opening a StandardBank account because they are crypto and blockchain forward thinking. Being partnered with headers hashgraph. Since my business evovles around crypto, this logically makes sense to me. Their app also looks well polished compared to other banking apps. What do you think?

Great video as always. Btw where did you buy that Cashflow light?

Long term investing gives u a sense of ownership thank u very good content

Made R70k today alone with Sasol.

Trading is incredibly difficult. As a full-time daytrader myself, it took 3 and half years before I became profitable, before then I had lost 100K+ in those years, lots of stress, sleepless nights, extreme hard work backtesting etc. Mentors would never tell you this dark side because they want you to join their "99% accurate signals" and pay them money, 99% of those "mentors" don't have a clue what they're talking about, they're "marketers" not traders, most real traders aren't on Social media like that, they keep to themselves and make their money quietly.

Sign up with BROKSTOCK : iOS and Android tinyurl.com/mu73sy64 Website tinyurl.com/36ukmw8m

I will never give rental agents 10% of my money for EACH of my three properties. That's madness. They often make mistakes by selecting the wrong tenants who don’t pay after a few months. I’ve seen it with my own eyes. I place my own ads on Property24, vet my own tenants, and interview them myself. I also handle my own lease agreements and maintain the properties myself. Put in the work, guys. Don’t give your money to these people when you can do the work yourself. PS. I have a full time Job

Just found your channel. Great job. Can you tell me if it's possible for the rates price in Rosebank Cape town's houses which are almost the same size? To be way way different. Like difference to be thousands?

Hi Louis, can I please chat to you a bit about the refinancing. You mentioned something about paying the money back to the access bond? Where do you get the money to pay back the access bond? And how do you use that money on the next property?

Are you perhaps able to share your dividends received for the 1nvest SA Property ETF?

Why the heck am I paying 15%😢

Passop vir studente, hulle fok alles op.

Hi Louis, whats the chances you are willing to share that spreadsheet with us please ? Thank you for another great videa

Would you advise someone to buy a house for rental in the location( township)?

I am pre-approved but I fear jumping in so many what if's... how can i overcome the fear?

Key deduction, capital allowances. I am not sure if it applies for individuals as well

Which rental agency is the best based on your experience?

This is really informative!!!Thank you

Western Cape prices are crazy. Can barely get a 3 bedroom 2 bathroom house for under R2.6mil to R3.0mil. We bought a 2 bedroom house in a secure estate two years ago for R1.8mil. It is now worth R2.2 mil minimum. Also the bond went up by R5k pm since we bought due to interest rates increasing. Though expensive we love our home and have made it super efficient. We don't use grid electricity and very little water. And it is absolutely secure with patrolling guards, cameras, and good neighbors. I work from home and leave the doors open most of the time without any worries. And this to me, is priceless.

My name is not Louis and I'm sure your name is not "guys here" :) Check your intro boet :) I dig your videos though, keep it up !

I feel like I’ve seen this video before, is it a repost?

I will like to learn about the trust structure of purchasing property, I already have a trust but don't know what to do next

youre so sweet😭😭

This is gold mate. Thank you for continuing to go school us.

Louis thank you for the video. Please check your formula ((Monthly rental)/(purchase price))*100. I would like to get your evaluation sheet. How do I buy it?

Thanks Louis!

My Property Course and coaching program ➡️➡️➡️ : payhip.com/LouisReynhardt

Hi Louis, I love the content. What is your opinion on TPN? They seem to have a great setup on vetting your tenant and also great rental contracts.

7200 on a 20k salary. nah you cant afford it. theres still too many expenses there. youll practically be living hand to mouth.

Sir I have been learning about property investing, when I was 17 so is it possible to start doing it at age of 21

hi is it possible to get the template you use for the excel sheet

Investing is shit.

Are the dividends for the REIT that you invest in paid per share or is it a fixed payment no matter how many shares you own?

I left the stock took out everything and moved it to crypto 😮 that was in 2021 oh boy what a ride in has been , first year i was able to turn R100k into R500k . But problem is i became greedy and never took any profits , if i tell you i lost almost everything in 2022😂 that R500k went down to R30k within a month, i cried everyday . Now im trying to get it back to R500k so i can cashout and move back to stocks…. It seems impossible but atleast its now sitting at R160k … i would never recommend crypto i wish i never left stocks😂

Totally agree with you people need this knowledge and why

S&P500 averages 10.5% in the long term, not above 20% so this is not too accurate. Gives false hope to investors.

Question...which site can I view auction properties or abandoned properties, I've been trying to find but can't find proper sites...

Dont forget you also need life insurance and property insurance

Brother, Good video but to what Bank did you go in SA and for what loan did you apply???????

Dave Ramsey sal flip as hy die video kyk haha. There are many other ways to build a credit score in my opinion

Even ignoring "credit building" using cards gives you a looot of points and cash back, saving me around $1-2k per year