Emboldened at 27 to start a property portfolio
In today's episode we talk to Zamantungwa Khumalo, a full time property investor who started building her property portfolio at the age of 27, from a hospital bed (yep!).
Zamantungwa started tracking various neighborhood trends in Johannesburg at a young age and was always interested in owning real estate, but took a while to get into the game, because she was scared of taking on that much debt.
She set aside her real estate goals, until one day, when she found herself in hospital and decided to use that time to run the numbers, find out how much she qualified for and look at how she could afford to buy 2 houses at a time for her 27th birthday.
Even though she qualified for less than a million rand, she was able to purchase 2 properties in Johannesburg, South Africa.
After that she decided to keep gifting herself with properties for her birthday.
She has grown her portfolio by focusing on maximizing the money she qualified for and buying two properties at a time, eventually she was able to grow her portfolio to focus on property full time.
