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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 129: Building student accommodation in the township
Property Magicians Podcast
1 hour 3 minutes 36 seconds
2 years ago
Episode 129: Building student accommodation in the township
In this week’s podcast we talk to Nthabiseng Sejake, a property investor and municipal employee from Soweto who works in utility and property management. Her mom is an entrepreneur who owned a shebeen (tavern), which is now a bottle store; her mom also owns 4 properties.   She bought her first property to get away from her mom and have space. She bought her first property (a 2-bedroom house) in Protea Glen after being referred by a client. She got funding from Mastandi to get the property and to get building funds.   She converted the unit into a 14-unit development where every unit rents out for R3,000 a month. In 2015, she and her partner decided to buy another property - she quit her job and invested her pension money to build a 10-unit development, where she rents out each unit for R9,000 to University of Johannesburg students. All her units have washing machines, DSTV, and Wi-Fi. To get accreditation, she had to provide the students with transportation.   She is working on her third property, another student accommodation (a 3-bedroom house), where she will be housing 6 students at first, thereafter she plans to build the development into a development that houses 35 students.She works with an attorney and a digital marketing property company, Bathamaga Property, that helps her find tenants.    This is another incredible episode.
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.