In this week’s episode we share our stories and what it’s been like to run a business where we loan people money and they refuse to pay us. We talk a lot about getting out of debt, but we rarely talk about the people that are owed money and how it affects their lives and businesses. We hope that this podcast leads to a deeper conversation about debt and the importance of paying the people you owe.

In this week’s episode we talk to Khumo Nawa from Botswana. Khumo has been in the banking sector for 15 years and decided at a young age that she wanted to be out of the corporate world by the time she was 35, but she started working and forgot the dream. In 2016, she found herself feeling unfulfilled and drifting into depression and ended up leaving her job prematurely in 2017. Luckily, she acquired her first property in 2011, a 2 bedroom house on a piece of land, when she had read Rich Dad,...

In this week’s episode we talk to Lester Philander, a property investor and the founder of Corp Cafe based in Muizenberg, South Africa.   He started his property journey by making an offer on a property in Mitchell’s Plain, but ended up quitting his job to start his business after getting the initial approval but not the final approval, so the process fell through.A few years later, he and his wife bought their first property to live in Muizenberg and later bought a second property with 3...

In this week’s podcast we talk to Nthabiseng Sejake, a property investor and municipal employee from Soweto who works in utility and property management. Her mom is an entrepreneur who owned a shebeen (tavern), which is now a bottle store; her mom also owns 4 properties.   She bought her first property to get away from her mom and have space. She bought her first property (a 2-bedroom house) in Protea Glen after being referred by a client. She got funding from Mastandi to get the property and...

In this week’s podcast we talk to Tim Akinnusi, the CEO of MortgageMarket.co.za. Tim is originally from Nigeria but has resided in South Africa for 30 years. He is the former Managing Executive of ABSA Home Loans, and prior to that he was the Executive Head of Sales and Client Value Management at Nedbank Home Loans.   Tim is a seasoned property finance expert with over 15 years’ experience in the financial sector. Tim started MortgageMarket in 2020 to help ordinary South Africans get the best...

In this episode- PropDocMom took the commonly asked questions by mentees and some general questions off her Facebook page.   Questions that may seem obvious to a savvy investor or questions you've always wondered about- however never had the time or opportunity to have addressed.   Here's some mentor tips about property management matters, property financing and property structuring.... and more   Take a listen... Leave us your comments and more questions for Propdocmom.   See you on...

In this week’s podcast we talk to Tinyiko Motileni, who has 3 businesses, one of which is a property business. She also has a Master's in Business Leadership.   She didn’t even know there was anything like real estate. She just wanted to have a side hustle, make money and buy property. Her main aim with property was to be free and to have passive income.   She bought her first house at 24, she bought her house to get passive income by building a property in the back. Unfortunately, her...

In this week’s podcast we talk to Zoliswa (Zoe) Singcu, a mother of two and world traveler who is originally from Port Elizabeth (PE), South Africa and is currently working in Saudi Arabia as a Medical Technologist. She is a world traveler. She bought her first property for her family in Kimberly; she and her husband struggled to get that property. She spent a lot of her time watching programs that have to do with houses and decorations. When she was working the night shift at her job at...

In this week’s episode of the Property Magicians Podcast, we talk to Palesa Lengolo, a finance professional with over ten years of experience in investments, banking and accounting.   She’s also an author of a book called ‘Stokvels - How they can make your money work for you' and told us that the stokvel industry is a R50 billion (US$3 billion) in South Africa.   She grew up seeing her mom being part of stokvels. She became interested in stokvels when she started working for a pension...

In this week’s episode of the Property Magicians Podcast, we talk to Thapelo Mokau, a flight engineer and property investor.   He bought his first property in 2019 when he qualified as a flight engineer. He was planning to stay at the property but he attended a real estate seminar where he was told there were a few strategies he could use.   He started with sourcing, where he looked for property for investors. He started by engaging with other sourcing agents and started building a...

In this week’s Property Magicians Podcast, we bring you a bonus episode from a class we had for our stokvel members where Leroy taught us about running the numbers and analyzing a deal so we could understand what makes a property profitable and if it's ever a good idea to make a loss in cash flow on an investment. In this class, we learned that there are three stages when it comes to running the numbers: Stage 1: Capital Cost - Transfer Attorney fees - Transfer Duty (if your property is...

In this podcast episode, we talk to Lebo Ramafoko who shares with us why it’s important to understand the politics of financial institutions and how even as recently as 1998- black South Africans had not been exposed to financial institutions and had limited options to get mortgages or even negotiate terms on their loans.    The psychology of the “big house” for a black child. How the big house emanates from lack, from wanting to show up in a particular way, be applauded by our community...

In this week’s podcast we talk to Susan Granger who defines herself as a creator. She explains that all her adventures have to do with what she feels inside her. She creates because she wants to see something growing. She is the owner of Nubian Q Urban Farm where she grows her own food organically and teaches others to set up their own sustainable food gardens. She also has a seed bank that she has started creating and is currently sitting at 400 species of seeds. Her food garden is in an...

In this week’s episode we share our next Property Magicians Stokvel deal. This is the fifth deal that we will be investing in as a stokvel. Here's a quick summary of the minutes and what was discussed at the meeting: The meeting starts off with Vangile greeting everyone and giving us updates on the stokvel. Vangile than hands off to Miranda so she can brief us with Deal 2’s payout that is happening in Aug 2022 and how everything will work. Miranda then takes us to Deal 5. Miranda explains...

In this episode, a serial entrepreneur and creative Tsotetsi of the Moleleki-Group shares his journey of being in sales, an account manager, a stylist and a brand manager for various corporations. He loves design from clothes, furniture AND beautiful spaces. This is what landed him with architects and developers of “high-end” properties in the North of Johannesburg.  He had very little knowledge of real estate when he did his first deal - a “flip” that yielded R100 000 (US$ 6 370). He bought...

In this episode we talk to Thembisa Winston Kunene, a 25 year old entrepreneur by profession and a selfless philanthropist by passion. He considers himself an old soul.   He was born in Swaziland, but his dad lived in South Africa, which is how he ended up moving to South Africa at the age of 5. He went to an international school and was exposed to different races and different cultures.   He built relationships at his school that allowed him to work as a receptionist for one his friend’s...

In this episode, a serial entrepreneur and creative Tsotetsi of the Moleleki-Group shares his journey of being in sales, an account manager, a stylist and a brand manager for various corporations. He loves design from clothes, furniture AND beautiful spaces. This is what landed him with architects and developers of “high-end” properties in the North of Johannesburg.   He had very little knowledge of real estate when he did his first deal - a “flip” that yielded R100 000 (US$ 6 370). He...

In this week’s episode, we talk to Isaac Masilela, the founder of Mziwethu. He was born on a farm in Mpumalanga, where his father was rendering his services for a place to stay. Watching his parents build houses with mud and farming to sell food, shaped him to be the entrepreneur he is today.   When he went to Secondary School, he went to live with his uncle who had structured houses; he decided then that he would build his parents a house. He became interested in housing and building...

In this week’s podcast episode we have Malebogo Zilberman. Malebogo is a 39-year-old Fellow Chartered Accountant registered as a Fellow with the Association of Chartered Certified Accountants (FCCA) and a Fellow Certified Professional Accountant registered with the Botswana Institute of Chartered Accountants.   Her first property deal was a deal she entered into to help her mom develop back rooms.    She understudied her mum's development journey and saw how she used cash to develop 7...

In this week's episode of the Property Magicians Podcast, we talk to Xolile Rikhotso Mashaba. Xolile is a mother of 3 and a wife. She studied Electrical Engineering at college and is currently studying HR Management at a college. She is a qualified underground Electrician by profession and a property investor.    Xoli wasn’t thinking about real estate investing when she started her real estate journey. She and her husband were looking for a place to live and her father in law sold them a 2...

In this week's episode of the Property Magicians Podcast, we talk to Funke Alao again. We first interviewed Funke in episode 87, where she shared about the real estate market in Nigeria. Funke is a realtor in Nigeria and does business in Ghana, Rwanda and soon Kenya.    In this episode she is sharing about the real estate market in Rwanda where her company has apartments available for sale.    She shares that she fell in love with Rwanda because it is so beautiful and so organized,...

In this week's episode of the Property Magicians Podcast, the hosts, Vangile and Dr. Miranda, of the show do a show talking about unconventional ways to make money in real estate. We cover 7 unconventional ways to make money and most of it doesn’t require lots of money:   1. Grazing Land- leased If you have land, you can lease that land to farmers who need land for livestock. We talk about the model that Livestock Wealth employs in KwaZulu Natal, where they lease land for their...

In this week's episode of the Property Magicians Podcast, we talk to Matimba Masinga, a Soweto-born entrepreneur, father and husband. He started off his journey at a young age - working in his father's business. His father was a demolisher (used to break down buildings). In 1984, his father opened the first Black owned furniture company - he recycled materials he got from demolishing buildings to build furniture. He was drawn to real estate because of the work his father did - he would see...

In this week’s episode, we share a recording of the webinar we did for the stokvel members updating them on deal number 5 and the name change of the stokvel.   We started off by explaining the Mission and the Vision of the stokvel and that the name of the stokvel has officially changed from Wealthy Ones Stokvel to Property Magicians Stokvel (PMS). In the webinar, we explain why we had to change the name of the stokvel.   We also give an update on Deal 1 which happened in Oct 2021 and...