In episode 10, we interviewed Linda Dotwana, a portfolio manager from TUHF.
TUHF is a financier that focuses on granting loans to property entrepreneurs who are focused on investing in the inner city. They have financed up to 40,000 residential units in South Africa.
There’s a money myth that a lot of people, in particular South Africans, buy into and believe.
That myth is that moving to another country will change you finances and lead to financial freedom.
I bought into this myth as well and it shaped my life.
I started traveling and living abroad right after graduation in 2005 because I believed that's what would lead to financial freedom.
In episode 9, we interview Ntombi Sithole, a full time property entrepreneur, who shares with us how she was able to build a property portfolio that cashflow a. R105, 000/ $7,000 per month.
She shares how she bought her first building in 2015 for R 2.5 million ($167,000) and how that building is now worth R6 million ($401,000).
I can see how my history of oppression as a South African has led to a collective victim shadow in my maternal family and how this victim shadow has affected our relationship with money:
We feel powerless with money - we never feel like we can master money. It feels like financial events just happen to us. My maternal family has this belief that money is something mystical that only the lucky few can ever master it.
We're always operating from a sense of blame - it's never our fault, our financial mishaps are witchcraft or someone’s fault. I spent years blaming my childhood for my debt. I’d convince myself that my relationship with money would’ve been great if I had a better childhood or if I'd been loved better as a child.
In episode 8, we interview Benedict Nkosi who is on a mission to retire by the age of 35.
He plans to do this through his property portfolio. Benedict has 4 investment properties but the one property that really fascinated us was his AirBnB property.
In episode 7, we interview Slindile Leseyane, who is the founder of Sakhisizwe Property Stokvel (a property syndication).
Slindile talks to us about how she got started in real estate, house hacking, how she got a roommate to help her pay her mortgage.
