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Property Magicians Podcast
Wealthy-Money
100 episodes
9 months ago
Real Estate Podcast for men and women of colour on the African Continent. Hosted by 2 South African women, Vangile Makwakwa & Dr Miranda Moloto.
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Investing
Education,
Business,
Entrepreneurship,
Self-Improvement
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All content for Property Magicians Podcast is the property of Wealthy-Money and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Real Estate Podcast for men and women of colour on the African Continent. Hosted by 2 South African women, Vangile Makwakwa & Dr Miranda Moloto.
Show more...
Investing
Education,
Business,
Entrepreneurship,
Self-Improvement
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Episode 120 (repost): From Being a Creative to making R100k (US$6500) in his first real estate deal
Property Magicians Podcast
1 hour 18 minutes 58 seconds
3 years ago
Episode 120 (repost): From Being a Creative to making R100k (US$6500) in his first real estate deal
In this episode, a serial entrepreneur and creative Tsotetsi of the Moleleki-Group shares his journey of being in sales, an account manager, a stylist and a brand manager for various corporations. He loves design from clothes, furniture AND beautiful spaces. This is what landed him with architects and developers of “high-end” properties in the North of Johannesburg.  He had very little knowledge of real estate when he did his first deal - a “flip” that yielded R100 000 (US$ 6 370). He bought a piece of land in a high-end Estate from a “distressed owner”, the land already had municipal services and was ready to build. He then sold off the land at a profit and never looked back. Tsotetsi considers himself a differentiated “realtor” in that he does not wait to find one seller at a time. He often finds himself with a stock of newly built high-end properties or stock from the banks and Attorneys that are selling off “distressed properties”. He “solves” the many property problems that both investors, developers and funders find themselves in. In this podcast, he shares the various ways of “sourcing” properties to sell, or match buyers to sellers! He also shares- his story of almost going bankrupt THREE times in this business and how he was able to change all this. Here is an inspired story of a self-taught property manager, property investor and realtor.   CONTACT TSOTETSI: Website: www.molelekigroup.co.za WhatsApp: 0788675766
Property Magicians Podcast
Real Estate Podcast for men and women of colour on the African Continent. Hosted by 2 South African women, Vangile Makwakwa & Dr Miranda Moloto.