Revealing Our Expenses and Earnings for a house we flipped in Pretoria South Africa!

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  • Опубліковано 25 лип 2024
  • From shabby to chic, join us on an exhilarating journey of house flipping in the heart of South Africa! 🏠💰 In this eye-opening video, we're pulling back the curtain on our latest project, revealing every cent spent and earned during the transformation of a rundown property into a stunning modern oasis.
    Curious about the nitty-gritty financials behind a successful house flip? 📊💵 Look no further! Our comprehensive cost breakdown delves into the initial investment, renovation expenses, unexpected surprises, and finally, the satisfying profits at the end of it all. 📈💸
    You won't believe the incredible transformation that took place, from dusty corners to dazzling rooms filled with style and sophistication. 🛋️✨ We'll walk you through each step of the process, sharing our expert insights, lessons learned, and top tips for maximising returns.
    Whether you're a seasoned investor or a curious dreamer, this video is a must-watch for anyone interested in the South African real estate market and the thrilling world of house flipping. Hit that subscribe button and join us as we spill the beans on our most rewarding adventure yet! 🔔🎉"
    #HouseFlipping
    #SouthAfricaProperty
    #RealEstateInvesting
    #HouseFlipper
    #RenovationProject
    #InvestmentOpportunity
    #PropertyDevelopment
    #FlippingHouses
    #RealEstateProfit
    #HomeRenovation
    #SouthAfricaRealEstate
    #FlipLife
    #PropertyInvestor #HouseFlipSuccess
    #InvestInProperty
    #HomeFlipping #RealEstateVenture
    #RealEstateEducation
    #SouthAfricaFlippers

КОМЕНТАРІ • 30

  • @phumelelezwane2081
    @phumelelezwane2081 11 місяців тому +11

    We reeally appreciate your content. You are truly giving back and making others be able to pursue their dreams. I for one am truly grateful

  • @hazelem1266
    @hazelem1266 7 місяців тому +5

    My son does this in Johannesburg and he has been very successful. Has done it for the last 10 years.

  • @tora6548
    @tora6548 Місяць тому +2

    I'm inspired. I live at a place we're I've noticed a number of distressed homes and I am working my numbers. I can't wait to sign and start.

  • @walterzikalala
    @walterzikalala 11 місяців тому +6

    Very professional and to the point, a job well done!

  • @MM-et5kz
    @MM-et5kz 11 місяців тому +5

    Thank you so much for this video gents. I have been going crazy trying to find flipping costs in SA (especially for 2023). Immediately saved this video to watch over an over again.

  • @sibusisosiyabongandaba698
    @sibusisosiyabongandaba698 11 місяців тому +2

    Tjoe......i've been looking for a show like this all along, I want to venture into this space but working solely on Flats/Apartments.

  • @2sweetpaul
    @2sweetpaul 11 місяців тому +1

    Awesome brake down and house is on point 👌

  • @UyapoKnight
    @UyapoKnight 11 місяців тому +1

    Brilliant stuff!!

  • @tmatungamire
    @tmatungamire Місяць тому

    Very interesting content. A huge highlight on how to buy property and what to expect.Thank you so much guys...

  • @mrmanq9517
    @mrmanq9517 8 місяців тому

    Great work, interesting breakdown
    Thank you for schooling us 😎

  • @Bets729
    @Bets729 11 місяців тому

    I learn a lot from your videos and enjoy it. Great content … I wish you make these videos more often..😊

  • @learnalotowen2387
    @learnalotowen2387 6 місяців тому

    Thank you guys. Nice and very informative video.

  • @joshuamulangawangamukosi8694
    @joshuamulangawangamukosi8694 10 місяців тому

    My favourite video thus far 👍👍👍👍

  • @lourensstrydom9707
    @lourensstrydom9707 3 місяці тому +1

    Fantasties ouens!

  • @modikiramaisa4619
    @modikiramaisa4619 5 місяців тому

    Oh my goodness what a gorgeous property ❤❤❤❤ where would you suggest I start as a beginner ?

  • @segomo5773
    @segomo5773 11 місяців тому

    Thank you for this. So do you pay for home/building insurance while you are busy on the project?

  • @armin8768
    @armin8768 11 місяців тому +2

    That main bathtub without blinds is any neighbour’s 14 year old son’s favourite netflix series

    • @henniemeyer3301
      @henniemeyer3301 11 місяців тому

      😂there is a small garden and wall right outside the window 😂

  • @nealprinsloo8076
    @nealprinsloo8076 19 днів тому

    what did you study and what did it take you to get started?

  • @musawenkosimakhoba9028
    @musawenkosimakhoba9028 Місяць тому

    I love the deal breakdown. No one has done it in as good detail. I suspect SARS will want capital gains tax next year for the current tax cycle. How much u think it will be?

  • @NoxyMhlongo
    @NoxyMhlongo 4 місяці тому +2

    Do you offer consulting services for aspiring flippers?

  • @venothentrollip4303
    @venothentrollip4303 6 місяців тому

    Hey guys I'm a big fan of your channel and I love what you do❤
    Q: How well does wholesaling real estate work in South Africa? Do you guys have any information or knowledge on that??

  • @jamesblack7922
    @jamesblack7922 11 місяців тому

    Thanks for the vid... how do you feel about taking early occupation and renovating before transfer?

    • @bigpondproperty3764
      @bigpondproperty3764  11 місяців тому +2

      We decide based on a feeling of the property and/or sellers. If we feel there is too much risk, we obviously wait for registration but a lot of times it makes sense for ourselves as well as the sellers to occupy early.

  • @saveinvestgrow1529
    @saveinvestgrow1529 11 місяців тому

    What is the average cost of adding a bathroom with a tub, basin and loo?

    • @bigpondproperty3764
      @bigpondproperty3764  11 місяців тому +1

      Brand new additions as in new walls, floor and roof would add additional cost, but as for renovating an old bathroom we estimate the cost at around R40 000.00

  • @esmarievenier876
    @esmarievenier876 20 днів тому

    0.01% occupational rental?

  • @talloolahmoon
    @talloolahmoon 11 місяців тому

    🇿🇦🇿🇦🇿🇦

  • @deanh1706
    @deanh1706 11 місяців тому +2

    550 for 8 months work is minimal but I guess a reflection of the South African economy

    • @bigpondproperty3764
      @bigpondproperty3764  11 місяців тому +3

      True, ideal is to run 3 or 4 of these projects at the same time.