Safe Investing SA

PGD:Financial Planning Law🎓
Safe Investing SA by Mbini, personal finance author, speaker, coach. I teach SAns to create wealth.

[Safe Investing SA @SafeInvestingSA]

The total repayment😢

[Safe Investing SA @SafeInvestingSA]

Are you preparing your children to run the family business some day? What roles do you give them? and why?

[Safe Investing SA @SafeInvestingSA]

@elonmuskADO 12

[Safe Investing SA @SafeInvestingSA]

@capitalnjb I agree👌🏾

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal A very long process. I went through the rezoning process with town planners. Which went really well. I will be starting the sectional title bit with a land surveyor. I'll share after.
I have rezoned quite a bit of land that needs to be developed from 2025. One is a small complex.

[Safe Investing SA @SafeInvestingSA]

Of the 4 rezoning projects, 3 got approved. 2 required consent from @FNBSA, which they gave easily. This really helps small property developers like myself. FNB helped build our business🙏🏾

@Nedbank (where my entire business is), on the other hand gave every excuse to reject us.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal Of course.

[Safe Investing SA @SafeInvestingSA]

@mattyza @FrugalLocal We are talking about investors' buying season, right. I don't think it will calm down that quickly. It is tied to the economic cycle. It is the buyers' market because of relatively high interest rates. It should take a bit longer, I think.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal Property deals are work hey. We dont have the time. But the journey is so worth it.

[Safe Investing SA @SafeInvestingSA]

So there are no ETFs on Easy Equities EUR @EasyEquities ?

[Safe Investing SA @SafeInvestingSA]

@PrimePropertySC @FrugalLocal Your response regarding the coast is very helpful. I never thought of it.
Here inland, I find that older units have high levies due to higher maintenance. In my personal experience, high levy old units do not equal good maintenance.

[Safe Investing SA @SafeInvestingSA]

@WarrenIngram @brucebusiness Action initiatives are the best. All the best.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal Funny how the husband DMs me all your posts. I'm tempted to tell him that we are friends, I never miss your posts😂
We were talking about giving a mortgage to my company for a multi-let. I failed to convince him. Now he sends me this tweet. Thanks.

[Safe Investing SA @SafeInvestingSA]

@andrew23377850 @FrugalLocal @Eldavinn_3FA I was here to write this. It is one property that should be in personal name.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal Replied using wrong account🙆🏾 I wanted to add: the small town deal took over 1yr to close. It was deceased estate. It took me over 10 yrs to have a property investing model that is winning at all times. Costly lessons along the way. I no longer buy anything that has no +cashflow.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal My property in the Eaatern Cape small town. R160K, rented to professionals each time, never vacant, R3000 net income. I'll be developing that land. It's close to a loved school and big hospital. Out of town investing needs a lot though. Marketing is through word of mouth.

[Safe Investing SA @SafeInvestingSA]

@theficouple Well done. Multifamily is great.

[Safe Investing SA @SafeInvestingSA]

@MathathoKarabo Custom duties depend on the actual individual items that you bought. Every single piece has its own import duty. If done properly , there should be no tricking the system. The only trick is knowing the duties of items before you order.

[Safe Investing SA @SafeInvestingSA]

@FrugalLocal School and rest Saturday. Sunday is driving in neighborhoods to see what's new, what's attractive, where's potential, who owns what. Too many booms in the suburbs. It's not so easy accessing.