Witness Mdaka sits down with Lelo N Owner of Lelo N Co Realtors, to discuss the realities of property investing
Witness Mdaka sits down with Lelo N Owner of Lelo N Co Realtors, to discuss the realities of property investing
Post by janet789 »
Lelo shares her journey, the challenges she faced, and why buying property with cash may not be the best strategy in today’s market.
Dive into her expert advice on how to navigate the real estate landscape, leveraging emotional intelligence and smart investment strategies to build a successful real estate career.
Whether you’re a seasoned investor or just starting out, this interview is packed with valuable insights that can help you make more informed decisions in the property market. Don’t miss out on Lelo N’s expert tips and strategies for real estate success!
Watch here:
Post by simphiwe21 »
Post by rago74 »
Doesn't make sense to me at all
Post by rago74 »
it does not matter what the lady says bro, with interest u ll pay more than double the price... whereas if u buy it cash it's value will grow n that is surplus unto u, u can even rent it out n stay in smaller one, it's making u money while it's value also increases over time
Post by sandile43 »
injalo nje. I have built cash and bought couple of land cash. I will develop cash. I don't want stressrago74 wrote: ↑Wed Aug 14, 2024 1:29 am
it does not matter what the lady says bro, with interest u ll pay more than double the price... whereas if u buy it cash it's value will grow n that is surplus unto u, u can even rent it out n stay in smaller one, it's making u money while it's value also increases over time
Post by johnny73 »
Buy the fucken house cash if you can. Use the money that would have been your bond instalment to better your life.
Post by phumzile79 »
Post by hope92 »
Been in the banking sector for 10 years, you will be shocked by how much revenue property loans/mortgages bring in for the bank. You end paying almost double the price of the property.
Imagine finishing your bond after 20 years and the house is not even worth the total amount you paid towards it.
That’s a pure scam. If you gonna buy a house using a loan, choose the shortest possible tenure to save on interest, if you have cash, buy it cash right away.
Post by gloria92 »
And by the time you finish your bond the house is delapidated. Mara ke eng tla re ba utlwe.hope92 wrote: ↑Wed Aug 14, 2024 1:51 am Usually I don’t debate an issue until I’ve heard the whole thing, but this one I can’t resist to dispute it.
Been in the banking sector for 10 years, you will be shocked by how much revenue property loans/mortgages bring in for the bank. You end paying almost double the price of the property.
Imagine finishing your bond after 20 years and the house is not even worth the total amount you paid towards it.
That’s a pure scam. If you gonna buy a house using a loan, choose the shortest possible tenure to save on interest, if you have cash, buy it cash right away.
Post by king60 »
Post by boity64 »
Post by doreen58 »
Post by tasha46 »
Post by anika567 »
Lelo must be workin for financial institutions
Post by buhle965 »
doesn't make Sense kau probably Some of these people who come to podcasts they getting paid by private institution to push These kinda things to begin withanika567 wrote: ↑Wed Aug 14, 2024 2:33 am This wil take me more than 100 peopl to convince to this. If I intend to buy property that cost 1.5M and I have 1.9M and you say I must not buy it on cash..
Lelo must be workin for financial institutions
Post by taylor780 »
Yah guys ...now I get it they are paid for this I bought a stand for about R150k and renovate it ...then make ten room now I get R10k every monthbuhle965 wrote: ↑Wed Aug 14, 2024 2:34 amdoesn't make Sense kau probably Some of these people who come to podcasts they getting paid by private institution to push These kinda things to begin withanika567 wrote: ↑Wed Aug 14, 2024 2:33 am This wil take me more than 100 peopl to convince to this. If I intend to buy property that cost 1.5M and I have 1.9M and you say I must not buy it on cash..
Lelo must be workin for financial institutions
Post by cynthia42 »
The way to generate wealth is to manage your non productive expenses well while growing your income and your assets.
Your tax is the single most biggest unproductive expense and for an individual it go up as 45% of the income/profit earned.
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