This program is for the investor who is ready to make a property purchase within 6 months. The mentorship package goes beyond the fundamental property investment education and provides you with the insider secrets of the property investment game, plus in-field experience of buying a property.
Watch this quick video to get an introduction of the mentorship program.
A detailed break-down follows below the video.
Requirements to join
- Desire to buy a property within 6 months
- Risk appetite for the multi-let market
- A credit score of above 650
- Minimum capital of more than R300k
By this stage, you should be familiar with deal analysis andhave booked several viewings for our buying experience day. To get the best benefit of this experience, make sure you prepare the day in advance. I usually recommend 30 minutesper viewing, allowing you to fit 5 – 7 viewings in an afternoon.
The buying experience is a structured and practical day in the field, where we intend tocomplete our final due diligence before putting pen to paper. By the end of the experience, youshould confidently sign at least one OTP and hopefully close on a deal.
Step 1: Breakfast Preparation (9am – 10am)
We prepare for the day with a goal setting and expectations management meeting. We reviewthe deals of the day and ensure we know what questions to ask and how to approach the day.
Step 2: Viewing round #1 (10am – 12pm)
Aim to view 3 – 4 multi-lets during this first viewing window.
Break: Get something to fill the void in our bellies! (12pm – 1pm)
Quick break from viewings, we grab some food and review the properties we’ve seen, re-runnumbers and vet assumptions.
Step 3: Viewing round #2 (1pm – 3pm)
Aim to view another 3 multi-lets during this second viewing window.
Step 4: Conclusion (3pm – 4pm)
Closing discussion on the deals, determine offer price and sign an OTP.
After Mentorship Additional Support
- Follow up 2 weeks after the buying experience and help you progress the deal
- 6 months of additional support while your property transfers and you begin managing theasset
Price: R79 997
5 fundamental sessions
I provide an exclusive one-on-one coaching experience for people who are serious about becoming property investors. Here is a high-level explanation of the 5 fundamental sessions that make up the coaching programme.
Session 1: Investment Planning
Using a Financial Freedom Calculator, we review your currentsituation & plan a realistic 5 year investment plan. Expectations, goals and structure of coaching are discussed and agreed.
Timeline: 2 weeks to finalize your financial plan and complete Property Bootcamp courses.
Session 2: Area and Deal Research
During this technical deep dive, we unpack gross yield, ROI andIRR financial metrics to determine good investment areas and deals. You will review and analyse 10 areas and property dealsgiving you confidence to valuate a deal.
Analyse 10 areas using gross yield and 50 investments using ROI (return on investment).
Timeline: 4 weeks to find a few suitable investment areas.
Session 3: Financing, Legal and Tax Structures
Pre-approval with a bank, reviewing private finance options,registering a company and business bank account anddiscussing and signing your first offer to purchase agreement.
4 weeks to finalise finances setuplegals / structure.
Session 4: Due Diligence and Negotiation
To manage risk you need to be aware of the risk you aretaking. We cover all the hidden costs and how to prove allcosts with evidence. How to find and negotiate below marketvalue deals (avg 10%-30% discounts).
Source evidence for deals and arrange 5 viewings.
2 Weeks to complete homework and find a few suitable investment properties to make an offer on.
Session 5: Finances and Transfer
We will focus on analysing real deals and making real offers to purchase as needed. If your offers are accepted, I will help you setup your power team, who will in turn help you close the deal.
How it works:
Private, public and creative finance discussion.
Finance application through qualified bond origination.
Prepare deposit and transfer costs.
Entrepreneur Coaching Program
This coaching program is intended to build a property side hustle that will allow you to leave your job within 5 – 10 years (** depending on many factors). This package is best suited to someone with the dream of managing their own property portfolio. It includes 6 x one-on-one sessions plus access to an online learning platform and resource library.
Business Coaching Program
This program empowers you to make a sustainable financial change in your life over a period of two years. During this period, we will have regular meetings and in-between sessions support.