Reading Time: < 1 minute Welcome to #21DayPropertyChallenge. This challenge was created by The Property Collab during the 21-day lock-down in South Africa to help curb the spread of the COVID-19 Coronavirus.
Reading Time: 3 minutes Why all of this hype about property? What is it that makes people move towards property investing? Why is it that most of the worlds riches people either made their wealth in property or hold their wealth in property? Property Investing creates freedom. Financial freedom and time freedom.
Reading Time: 4 minutes We are expanding from a previous challenge, where you calculated your freedom number. Today we are going to work out how many properties you need to reach this freedom number (Just a hint, it’s probably less than you think).
Reading Time: 4 minutes We have searched the online portals for properties that may have some potential and now we are going to call the estate agents and ask them a series of questions to see if there are any opportunities.
Reading Time: 3 minutes We have made it through the first week of the #21DayPropertyChallenge and we are going to take a look through all of the challenges that we did this week. We are building a road map for property investors.
Reading Time: 3 minutes In light of the situation that South Africa, and the world, is facing, we created an online forum for investors to meet, discuss opportunities and even post deals that they need help with. This is a discussion forum that is available to interact with the community.
Reading Time: < 1 minute We are looking at different property investment strategies and focusing on short-term strategies, with short-term results.
Reading Time: 2 minutes The focus is on long-term investment strategies which are for wealth creation and leaving a legacy. Passive income and financial freedom are all byproducts of this type of investment strategies.
Reading Time: 3 minutes We are looking back at the road map that we have been laying out for Property Investors and exploring the steps to take to achieve success.
Reading Time: 4 minutes A critical part of property investing is how to pay back a loan. This calculation is called an amortisation calculation. Despite its importance, there is very little understanding of how it works. Let’s explore this calculation.
Reading Time: 4 minutes We are looking at the top 5 mistakes that investors make when flipping a property. Fixing and flipping of properties is a common short-term strategy, but mistakes do happen. Make sure you don’t make these mistakes in your next deal.
Reading Time: 2 minutes The property market has changed and the economy has changed. It will be a challenging year. We are looking at how to make money in property in 2020.
Reading Time: 5 minutes Property Investors are often viewed in a negative light because of historical investors who lacked integrity. Property investors full a very important part of the real estate industry.