Would you like to see how we did it and how this project turned out? Follow my company M5 Property Addicts on Facebook or YouTube to get all the latest updates on the projects! I will show you how the team found this property, how we renovated it, the numbers and what it looks like now!
SNEAK PEAK INTO SOME OF MY PROJECTS
STUDENT ACCOMMODATION MANAGEMENT
I recently jumped into the student housing market. Whilst looking for a reputable management agent that specialises in student housing I discovered that there was definitely a gap. I decided to go BIG and placed 350 students in less than 3 months across my Cape Town student accommodation properties. To accomplish this I created a company called My Student House that now manages all my properties and also offers it as a service to other student accommodation landlords that do not want to sit with the challenges of managing students. www.mystudenthouse.co.za
Changing a R700 000 property into a R38000 a month passive income machine.
AT LAST!!! project completed.
See if you can count how many times TJ says "done".. 😂😂
Some of the challenges... House built in 1903 Built from stones and mud, tree branches in the roof, no existing registered plans, 2 deceased estates, no power connection
Take a virtual before and after and walk with us through the property. Purchase price: R260 000 Renovation: R600 000 (would have been cheaper to just start over had we known what we would find in the walls of the house)
On Budget: DEFINITELY NOT, Would we do it again? Yes so many lessons learned and skills grown.
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