In episode 9, we interview Ntombi Sithole, a full time property entrepreneur, who shares with us how she was able to build a property portfolio that cashflow a. R105, 000/ $7,000 per month.
She shares how she bought her first building in 2015 for R 2.5 million ($167,000) and how that building is now worth R6 million ($401,000).
I can see how my history of oppression as a South African has led to a collective victim shadow in my maternal family and how this victim shadow has affected our relationship with money:
We feel powerless with money - we never feel like we can master money. It feels like financial events just happen to us. My maternal family has this belief that money is something mystical that only the lucky few can ever master it.
We're always operating from a sense of blame - it's never our fault, our financial mishaps are witchcraft or someone’s fault. I spent years blaming my childhood for my debt. I’d convince myself that my relationship with money would’ve been great if I had a better childhood or if I'd been loved better as a child.
In episode 8, we interview Benedict Nkosi who is on a mission to retire by the age of 35.
He plans to do this through his property portfolio. Benedict has 4 investment properties but the one property that really fascinated us was his AirBnB property.
In episode 7, we interview Slindile Leseyane, who is the founder of Sakhisizwe Property Stokvel (a property syndication).
Slindile talks to us about how she got started in real estate, house hacking, how she got a roommate to help her pay her mortgage.
The brain hates uncertainty, it sees uncertainty as dangerous; the clearer you are about what you're trying to create or achieve, the more confident you'll be when it comes to taking constant action.
Uncertainty is part of life and there’s no way to know the future with complete certainty. There are too many variables.
We assume the way to avoid financial failure is to know all the variables and possibilities, but what we need isn’t knowledge of the future or instant success, what we need is courage to keep going in the face of impossible odds.
When we see our worst fears and face them, they can no longer control us.
This week's podcast guest is Neale Petersen, founder of Real Estate Investor Magazine, South Africa and Mizo's real estate coach.
In this episode Neale shares how he became a real estate influencer by making some really big mistakes and then learning from those.
