Property Coaching
To invest in property you need three things; knowledge, capital and tools to be competitive. I am passionate about enabling investors in South Africa to succeed and has thus created a suite of coaching services. The coaching services intend to educate people, help them access a network of capital rich investors and demystify Property technology tools. Interested in finding out more? Contact me directly for an obligation free introductory call.
One-on-one Coaching
A coach is someone who has achieved the results you desire. A coach can guide you, hold you accountable and show you the quickest path to success, but it still requires you to do all the work. My team and I provide an exclusive one-on-one coaching experience for serious investors. Below is a high-level explanation of the 6 fundamental sessions that make up his coaching programme. We’ve included links to articles written by Laurens so you can get a sense of his knowledge and experience.
Outline
Session 1: Creating your Financial Freedom plan
- Discuss and agree on a common understanding of this coaching arrangement (restrictions and expectations)
- Get to know each other, your level of property experience and reviewing your current investments
- Difference between the Cash flow and Cash strategy
- SMARTEN-UP goal setting methodology and your custom 5-year plan to Financial Freedom
- Homework: create your 6, 12- and 18-month goals and actionable items
Session 2: Deal analysis
- Understanding the Return On Investment calculation
- The basics of running the numbers for buy to hold and buy to sell strategies
- Introduction to the My Property App tool which property investors use to analyse every deals
- Running through several live deal examples
- Homework: analyse 10+ deals, find an area worth pursuing in more detail and understand the costs behind renovating a property
Session 3: Area research
- Reviewing homework from the previous section and answer any questions around analysing deals
- Deep dive into area research tools TPN (for rental information) and LightStone (for recent sold comparables). How to use these tools to make informed investment decisions
- Homework: analyse 10+ deals and to do research on 3 areas to determine if they make sense for your strategy
Session 4: Raising finance
- How to access OPM (other people’s money) using
- Traditional finance: how to approach, access and secure financing from the big banks
- Private finance: how to find, appeal to and structure financing from private investors and bridging finance companies
- Creative finance: how to find and execute creative deals that require little to no money
- Budgeting and cash flow management to increase your bondability
Homework: put together an investor proposal and approach 5 investors
Session 5: Legals, structures and tax
- The 3 investment vehicles for property investors (pro’s and con’s). When and how to make use of trust structures
- How to setup a company (introduction to my property specific accountant) *if required
- Understanding the fundamentals of an effective Offer To Purchase agreement
- The basics of asset allocation and how to effectively protect your wealth
- Homework: setup your investment vehicle (i.e. company or trust structure)
Session 6 (/onwards): Live deal analysis
From this session onwards, we will focus on analysing deals and making offers as needed. And if deals are accepted, I will help you setup your power team.
Group Coaching
We understand that not everyone will be able to afford the one-on-one coaching product, especially with our current economic environment. Therefore Laurens and his team have created a Group Coaching programme. This programme will consist of 5 people joining Laurens through the 6 sessions laid out above. The 6 sessions will be done online and enable you to go on the property journey as a group. The downside is that you won’t have the intimacy of the one-on-one sessions, but you will get exposed to the fundamental learnings to become a professional property investor.
About your coach
Laurens Boel, professional property investor, author and coach started investing in property at the end of 2014 after being retrenched from a global IT company. Being retrenched taught him that relying on one income stream is incredibly risky. Since 2014 Laurens successfully built a local and international property portfolio and been involved in over 100 successful property transactions.
He specializes in multi-lets, student accommodation and investing overseas (specifically in the UK). His investment philosophy is simple: make sure the property makes money from day ONE!
Interested in finding out more? Contact Laurens directly for an obligation free introductory call.