Interesting, i will be starting a similar project, kitchen and floor. What was the cost of the entire kitchen redo... please also share the contractor if possible.
Yes, any business, whether in real estate or not, requires cashflow to sustain. As long as you can generate more income than expenses, you have a business worth exploring. Good luck
This video was recorded 2 years ago when we did the transaction. We inherited this configuration from the previous owner, but we have since reconfigured the rooms to accommodate either 1 or 2 students. We now rent the house to 8 students and meet all the requirements of NSFAS.
Hi, I take a percentage of your deal, so it depends on the size of the transaction. You are welcome to book a call on my website and we can discuss: laurensboel.com/schedule-an-appointment/
👏🏾 congratulations guys, keep going!
Thank you 🙌
Interesting, i will be starting a similar project, kitchen and floor. What was the cost of the entire kitchen redo... please also share the contractor if possible.
Sorry, but I don't share my contractor or power team details online.
Thank you for the very interesting video. Is it possible to use all the principles used in this positive cash flow method for any other business idea
Yes, any business, whether in real estate or not, requires cashflow to sustain. As long as you can generate more income than expenses, you have a business worth exploring. Good luck
I'm also interested in Obz & Woodstock but the roof thing sounds SCARY. How and when did you know it was asbestos?
You need to uncover these things during Due Diligence and get a qualified inspector to cover all the bases.
Impressive
Good Luck guys
Thanks :)
Well done guys
Thanks :)
nice one Lourens , are the utilities expenses Water , Elec and Fibre ?
Hi Tshepo, yes utilities includes water, electricity, sewage and refuse. Fibre would be it's own expense line item.
I love your books, Goodman.
Glad you like them!
I'm building a inside (tiki bar - wood) and outside( brick & mortar bar). Let me know if I can collect some wood and bricks ( mainly scap wood)
As mentioned, already sorted. Thanks
Student Res is really starting to become an issue these days. I'm sure your business will do well. Congratulations 🎉🎉
Yes! Thank you!
Becoming an issue like how exactly? Care to elaborate further 🤔
Cramming those poor kids in like sardines 😪
This video was recorded 2 years ago when we did the transaction. We inherited this configuration from the previous owner, but we have since reconfigured the rooms to accommodate either 1 or 2 students. We now rent the house to 8 students and meet all the requirements of NSFAS.
@@LaurensBoel Thank goodness.
Im sure I know Kyle from somewhere, I think he grew up on the South Coast...Small World!
I know right ... I went to school with his sister, but we only figured that out after we had done business together.
How much is your elite mentorship laurens?
Hi, I take a percentage of your deal, so it depends on the size of the transaction. You are welcome to book a call on my website and we can discuss: laurensboel.com/schedule-an-appointment/
Do you have any experience with student rentals in Stellenbosch?
No, it's too expensive and the yield is too low
@@LaurensBoel thank you for your reply!
do you coach students in Durban
Yes I do, check out this case study: ruclips.net/video/iXmHa31U3Lw/видео.html
If he needs someone to build Wendy I can assist
Thanks 👍
I will collect that excess rubble. Let me know
Already dealt with. Sorry