I have a low-mid property and a high end property. The operational costs for a big property and its management is a struggle. Re-tiling and painting a 2 bedroom property vs a 5 bedroom house is much cheaper. Going forward I'll focus more on the low-mid end property. Thanks for the vid LR
Thanks for adding value to the comments and sharing your experience. I agree ,low-mid icnome tend to be less expensive and hassle free in most scenarios. Thanks for watching 👊🏻
Ironically I focus on low to mid, my properties are in the R1.5M range however all have multiple cottages.... Meaning slightly smaller risk on a single property. Maintenance I find still needs a reasonable bit, however you get gains based on maintenance as insurance and bulk materials makes a real difference. I never thought of R1.5M as higher on the range rather R2M as that barrier
Between low and high end market, which tenants are the most problematic? In terms of paying rent, maintenance of the property,. And lastly up to how much can be classified the lower income group market?
Great question, I think the majority of the time, lower income earners tend to be more financially unstable compared to higher earners. But you get great lower income tenants, and you get terible high earning tenants. Each individual has their own credit history, so its important to analyze it before you place a tenant. Based on statistics, lower earners tend to default more. Every area also has a different low and high class market, so you will have to research your area 💪🏻
@@louisreynhardt Okay thank you. I am based in Benoni Gauteng and have been trying to establish if it will be better to invest in Benoni or look for cheaper apartments in other parts of gauteng like kempton park and Joburg CBD
I like lower income properties with high demand and high value. Unfortunately, I dont know the area, so you will have to do your researchm but generally close to a varsity should work 💪🏻💪🏻
Do you know anything about industrial property investment, maybe commercial property too. Do you think it’s a good idea to invest in that sort of property ..if you do, could you make a vid about that. 😊
Great suggestion, I do not own any commercial or industrial properry, but it can be a good investment. I would stay away from office space in general, but retail and industrial can work. I'll look into making a video about this. Thanks for the suggestion
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I have a low-mid property and a high end property. The operational costs for a big property and its management is a struggle. Re-tiling and painting a 2 bedroom property vs a 5 bedroom house is much cheaper. Going forward I'll focus more on the low-mid end property.
Thanks for the vid LR
Thanks for adding value to the comments and sharing your experience. I agree ,low-mid icnome tend to be less expensive and hassle free in most scenarios. Thanks for watching 👊🏻
Ironically I focus on low to mid, my properties are in the R1.5M range however all have multiple cottages.... Meaning slightly smaller risk on a single property.
Maintenance I find still needs a reasonable bit, however you get gains based on maintenance as insurance and bulk materials makes a real difference.
I never thought of R1.5M as higher on the range rather R2M as that barrier
Thank u very good content higher end property is a want but lower end properties is a need I'll rather provide a need then a want
Absolutely, great way to put it. Thanks for sharing 🙏🏻🙏🏻
Unfortunately anything in the 400 k range in Cape Town is in a gangster ridden area
Absolutely, you will have to work with the prices in your specific area. In CT R1million is lower end 🤣🤣
Hi Louis, what is your total property portfolio value? And what do you earn net monthly, after tax.
Thanks for your comment. I prefer to be private about certain things. Hopefully, the content speaks for itself.
Between low and high end market, which tenants are the most problematic? In terms of paying rent, maintenance of the property,. And lastly up to how much can be classified the lower income group market?
Great question, I think the majority of the time, lower income earners tend to be more financially unstable compared to higher earners. But you get great lower income tenants, and you get terible high earning tenants. Each individual has their own credit history, so its important to analyze it before you place a tenant. Based on statistics, lower earners tend to default more.
Every area also has a different low and high class market, so you will have to research your area 💪🏻
@@louisreynhardt Okay thank you. I am based in Benoni Gauteng and have been trying to establish if it will be better to invest in Benoni or look for cheaper apartments in other parts of gauteng like kempton park and Joburg CBD
Hi Louis. What do you think of lower end properties in the North West near the university? And which areas there would you recommend?
I like lower income properties with high demand and high value. Unfortunately, I dont know the area, so you will have to do your researchm but generally close to a varsity should work 💪🏻💪🏻
love the vids
keep it up👍
Great video Louis , I like the lower income market in SA
Thanks my friend appreciate it 🙏🏻
Thanks I also like the Low-Mid income market 💪🏻💪🏻
another great video filled with value!
Appreciate the feedback. Thanks for watching 🙏🏻😁
Do you know anything about industrial property investment, maybe commercial property too. Do you think it’s a good idea to invest in that sort of property ..if you do, could you make a vid about that. 😊
Great suggestion, I do not own any commercial or industrial properry, but it can be a good investment. I would stay away from office space in general, but retail and industrial can work. I'll look into making a video about this. Thanks for the suggestion
@@louisreynhardtplease do a video on this. Would be great! 😎
@dustinmccrindle343 💪🏻💪🏻💪🏻
Louis.....I think you'll end up making MORE money from videos than u make on real estate.....
❤ keep up the good work
Thanks for the motivation my friend. Realty appreciate your comment 🙏🏻
Great content thanks Louis
Thank you very much 😊
Excellent video!
Thank you. Appreciate your comment 🙏🏻
dude, i intro your love. change it ever never
🤣🤣Best comment 👏🏻
love this video.
Thanks so much for watching 🙏🏻🙏🏻😁
just a question Louis is this youtube channel your diary?
Its free education bro.
What a stupid question boomer
What's up me, its you here 😂
😅🤣🤣🤣💪🏻💪🏻