We are always looking for property deals and one of the great ways to find them is to talk to an estate agent.
There are 5 specific questions in order to get property deals from estate agents.
-Do you know any motivated sellers?
Motivated sellers are more likely to lower the price and estate agents most likely have motivated sellers in their data base. Once you find them it is important to know how to negotiate and know your numbers.
-Do you know someone who is relocating/emigrating?
Verry specific motivated sellers who are in the process of relocating or emigrating. Very motivated and willing to sell way below market value.
-Do you have any properties below market value?
If you come across properties below market value numbers need to make sense. Can you sell it for the higher price later, or have them cash flowing from day one?
-Do you have any distressed properties?
With distressed properties you can always negotiate the price way below market value. How about fixing the property and sell for the higher price? This is the fastest way to generate profit within 6-8 months.
-Do you have any cash flowing properties?
How about having a property that will pay for itself from day one? Cashfiowing means that rental amount of money will cover the monthly payment to the bank and on top of that will put profit in your pocket from day one! Ideally we are combining two strategies in one. Rental money is increasing every year and the value of property will increase as well. Two strategies are better than one!
Riches and Beyond has partnered up with top residential and commercial developers who specialize in several powerful property strategies.
Feel free to join one of our Free webinars online to find out more and how you can take advantage of this opportunity and grow your property portfolio.
How are you going to succeed,if do n’t have money,will the bank provide you with a loan
Hi Samuel,
Not sure have you attended one of our free webinars but there are 10 ways of funding your deals even if the bank says no.
Feel free to get more info here:
http://www.richesandbeyond.com/webinar
Best Regards,
Riches and Beyond Team
Good Morning. This is my dream to be a property investor. I want to learn how to start even if I don’t have a capital
Hi Khethiwe,
Thank you for reaching out and being open to learning.
We do have free webinars where we cover on how to start investing in property even if you dont have any capital.
More info here: http://www.richesandbeyond.com/webinar
Hope this helps.
Regards,
Riches and Beyond Team
Hi Milan
Thanks for the webinar it was quite enlightening indeed. My question is how does one take advantage of home equity on a paid up property like my case? Thanks
The best way is to have a chat with bond originator. They will determine exactly how much are you qualify for.
Hope this helps.
Riches and Beyond Team
what is your advice for first time buyers?
Hi Nhlanhla,
Thank you for reaching out.
Our advice will be to identify your goals first and then find the right strategy to follow.
1. How much is your monthly expense and how to cover that with property investment as soon as possible. Do you have to do few flips to make enough profit to cover that or should you focus rather on cashflowing properties that will pay for itself from day one and give you profit. We cover 15 powerful strategies at our event and this will give you a bigger picture on a direction to take in property space.
More info here: http://www.richesandbeyond.com/webinar
Hope this helps.
Regards,
Riches and Beyond Team
Hi I really want to invest but I don’t have capital right now but iam willing to learn
Hi Zanele,
Thats ok, we all have been there.
We do teach on how to invest in property even if you don’t have any money.
Feel free to attend one of our Free webinars.
You can register here:
http://www.richesandbeyond.com/webinar
Riches and Beyond Team
Hi Zanele,
The best way to start is to attend one of our Free webinars where we cover several property investing strategies.
Feel free to register here:
https://richesandbeyond.com/webinar
Hope this helps.
Best Regards,
Riches and Beyond Team
I am so looking forward to be part of the programme as I am getting on my feet starting a small food business i always look forward to attend the seminars but at this moment financially i am not good but keep up associating with people like us as young as I am i will make it and THANK YOU
Hi Lesego,
Thank you for reaching out. Mindset is the most important and you do have the right mindset. Let us know when you are financially ready to join our family. We wish you all the best.
Regards,
Riches and Beyond Team
I do appreciate the 5 questions and the 5 answers. My question is a prerequisite : ” How does one go about determining and/or establishing the Market Price of the Property first?”
Regards,
Ronald Maqubela.
Hi Ronald,
We use Lighstone report to determine the market price and also the comparisons of advertised similar properties in the same area.
Essentially is identifying your strategy and what are you planning to do with the property. Are you looking to fix and sell for a higher price or looking to keep and rely on the cashflow from day one. Your strategy will help you with numbers.We coverthis more in details at our free webinars and masterclasses. More info here: http://www.richesandbeyond.com
Hope this helps.
Regards,
Milan
Good afternoon.
This is a very informative article. Thank you for this very insightful article. By the way,I am a real estate agent and I was just wondering how I could send you some properties that might be of interest to you.
My email address is Tumi.Remax@outlook.com
Hi Tumi,
If you have any deals that are cashflowing from day one, this is what we are focusing at the moment…let me know.
Regards,
Milan
I’m in Newcastle so Milan do you want property here
Hi Nondumiso,
We are always looking for deals.
If you have any deals below market value that are cashflowing feel free to share.
Regards,
Milan
Valuable information, we appreciate you Milan.
My pleasure Sesi!
More to come!
Best Regards,
Milan
Rejuvinating insight indeed it makes me want to dulve in opportunities such as these especially now
Yes, the time and opportunity is NOW!
Hello Milan,
I feel empowered and inspired at the same time. Would love to learn more as my goal is to invest in property.
I have registered for the webiner and cannot wait to get started.
Kind regards,
Phiwa
So happy to hear that!
Being open to learning is the true key to future growth!
Hi Syliva and Milan
I just want to say thank you. I attended the two day training 2019 May. And sic then I have found my investor and we are doing a property flip deal that’s worth R1.7mil. I bought it for just R900,000. Thank you for the education. i am still learning to today.
Hi Phumla,
So happy to hear that!
We are so proud of you!
Keep up the great work!
Best Regards,
Riches and Beyond Team
Thanks for today webnar. I am so looking forward to be part of the programme as I am getting on my feet starting my own Real Estate. I always look forward to attend the seminars but at this moment financially i am not good but keep up associating with people like us as young as I am i will make it and THANK YOU
We are happy that you enjoyed it!
Keep moving forward!
Riches and Beyond Team