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How To Negotiate - Project H | Bargain Property Purchase - 10 Hot Tips

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  • Опубліковано 25 лип 2024

КОМЕНТАРІ • 109

  • @thamanig9289
    @thamanig9289 2 роки тому +76

    I have been watching American flippers for a while now but one finds it hard to relate realistically and in the end it wouldn't be so educational. This is a gold mine! Thank you Steve. As I Subscribe.

  • @sakhiledlamini7921
    @sakhiledlamini7921 Рік тому +16

    Glad I’ve come across this page, something we can relate to, currency and regulation wise.
    Been flipping houses in Durban before covid and definitely gonna be going back soon

  • @mongiedison6951
    @mongiedison6951 3 роки тому +9

    Loved the video, Steve. Please document more.

  • @nkosinathi7645
    @nkosinathi7645 2 роки тому +5

    Just got a new subscriber Steve, very informative. Excellent job on the house, can't wait for your next project.

  • @jacquesmostert4115
    @jacquesmostert4115 2 роки тому +4

    I watched all of your videos and I am of the opinion that with your honesty and objective approach that you are on the right track. Keep up the good work. I wish you the best of luck and lot's of flipping!
    Cape Town

  • @tshiamosello5158
    @tshiamosello5158 3 роки тому +6

    Hi, Steve. Super informative video. Keep doing what you're doing.

  • @randombarry23
    @randombarry23 2 роки тому +2

    Great video. Just found your channel and I'm loving it. There's nothing else like this in SA.

  • @aldinoarendse3421
    @aldinoarendse3421 3 роки тому +28

    You've got something good going. You're someone I can listen to. I'm also in the same line of business, but pretty much a one man show. Also, knocked about by the lockdown in my 1st year starting out.
    It is great to hear from someone local and who looks passionate about what he's doing.
    I really hope you'll be doing more videos. Looking forward to following project H.

    • @FlippingJohannesburg
      @FlippingJohannesburg  3 роки тому +1

      Thanks Aldino! Will def be doing more vids. Stay tuned! All the best for your business

  • @TSerumula
    @TSerumula 2 роки тому +4

    Fantastic work man. Well done on this one. Love your interior design too

  • @marieslabbert6009
    @marieslabbert6009 2 роки тому +4

    Very informative video. I deal in commercial and industrial property, but find house flips very interesting.

  • @skunkle100
    @skunkle100 3 роки тому +4

    Awesome video Steve!

  • @nellyngomane
    @nellyngomane 2 роки тому +1

    Thanks for sharing all of these tips. They are definitely helpful

  • @thapelomokgadi8903
    @thapelomokgadi8903 2 роки тому +4

    Hi Steve, love your work!

  • @basanibaloyi2093
    @basanibaloyi2093 2 роки тому +3

    You just gained yourself a subscriber.... I'm learning alot from your content

  • @TheBoose
    @TheBoose 2 роки тому +3

    Phenomenal job. Well done 👏🏾

  • @albertludick505
    @albertludick505 2 роки тому +4

    It would be interesting to see how you go about finding these hidden gems, like the channel. keep it up.

  • @gavinbowes8402
    @gavinbowes8402 3 роки тому +4

    Well explained and really useful

  • @thatomokwena560
    @thatomokwena560 2 роки тому +6

    Hey Steve, can you do a video on running the numbers in detail and how to determine the after repair value

  • @emcee_hkp9247
    @emcee_hkp9247 2 роки тому +11

    Another helpful tips (no offense)
    • always check the Market value first
    • location & surrounding lifestyle is also important
    • reason why they are selling the house (money or ??)
    • point out all the outdated/damages etc.

    • @babatundepopoola7184
      @babatundepopoola7184 8 місяців тому +1

      And check the distance between shopping and entertainment centers

  • @kgomotsomolekoa4532
    @kgomotsomolekoa4532 2 роки тому +1

    Very educational.. I love this content

  • @Sean-Aviv
    @Sean-Aviv 2 роки тому +1

    Thanks for sharing!!!

  • @kaylin8212
    @kaylin8212 2 роки тому +2

    Please keep this up!

  • @siphesihlengubeni5585
    @siphesihlengubeni5585 2 роки тому

    Wow thank you so much this is so helpful

  • @ovuokeaghwotu2389
    @ovuokeaghwotu2389 2 роки тому +1

    Glad I found your channel.

  • @kandie128
    @kandie128 2 роки тому +28

    I'm from Canada, but I love your videos. I find them very interesting. My doctor is actually from South Africa. We have a lot of doctors from there.

    • @Moey519
      @Moey519 2 роки тому +1

      This is news to me …lol I live in Canada have never met anyone from SA yet

    • @ollievw3450
      @ollievw3450 2 роки тому

      Shame that they have the feeling they have to leave. It’s not as if they have enough doctors.

    • @valamdluli7590
      @valamdluli7590 2 роки тому +2

      @@ollievw3450 they looking for better pay and if NHI is approved the health system might collapse and the government won't have enough funds to take in new doctors

    • @ollievw3450
      @ollievw3450 2 роки тому

      @@valamdluli7590 I know, SA medicine today is a far cry from the first heart transplant…

    • @mohaumokhethi8625
      @mohaumokhethi8625 2 роки тому +1

      @@ollievw3450 cornea transplant and the worlds first mid ear transplant within the past 3 years would beg to differ

  • @sakhileshandu595
    @sakhileshandu595 2 роки тому +1

    Awesome!

  • @JB9314252
    @JB9314252 8 місяців тому

    Wow!! I have learned a new thing today and will apply it. Thanks and keep it up.

  • @felicitybulo2073
    @felicitybulo2073 Рік тому +1

    Thanks for this. This was really informative

  • @lucricia_mokgolo
    @lucricia_mokgolo 4 місяці тому

    Bumped into your channel and love your content. You've just gained a subscriber!❤

  • @syedmehrhassan3651
    @syedmehrhassan3651 2 роки тому +1

    Nice tips!

  • @RonaldSimonKahn
    @RonaldSimonKahn 10 місяців тому

    Thanks for sharing!

  • @abbasssibatra8682
    @abbasssibatra8682 2 роки тому +2

    Interesting 👍

  • @lungelolakhekhumalo5552
    @lungelolakhekhumalo5552 2 роки тому +3

    This was very informative, thank you for sharing.
    Any tips on how you can find out if there are any other offers being placed on the property?

  • @modestclyde2896
    @modestclyde2896 8 місяців тому +1

    You're quite smart, I hope I can be frugal enough and be able to ganner enough money personally to enter into this business one day.

  • @omphemetsetlhapane4919
    @omphemetsetlhapane4919 2 роки тому +1

    Nice tips

  • @syedmehrhassan3651
    @syedmehrhassan3651 2 роки тому +1

    Nice bro!

  • @johanbekker2917
    @johanbekker2917 Рік тому +1

    Looooving your vids man! I am a real estate agent in Kimberley, South Africa and considering starting to flip. Just not sure in what way it will affect my current job. I assume this is rather time consuming.

  • @RuanOrjustRu
    @RuanOrjustRu 2 роки тому +1

    Awesome tips. How does one find these dilapidated houses though? I've googled but 'fixer upper' or 'flip house' doesn't have terribly many market hits.

  • @yeet_za
    @yeet_za 2 роки тому +1

    Lekker one Steve.

  • @zamanyambi9424
    @zamanyambi9424 3 роки тому +5

    Hey, great video, please share the best location to invest into round Joburg

  • @rodneynkosi8707
    @rodneynkosi8707 3 роки тому +3

    Fantastic video, this is authentic as it can get.

  • @menzimazibuko8998
    @menzimazibuko8998 Рік тому +1

    Please make more videos like this.

  • @c3lphtitl3d
    @c3lphtitl3d Рік тому +1

    Hey Steve, super informative! Would the same rules apply for a property under R1mil? ie Can we negotiate with the same window? (Obviously in proportion to your scenario)

  • @buntungqokoma8951
    @buntungqokoma8951 2 роки тому +1

    I wish you can negotiate on my behalf your game is proper

  • @360life-
    @360life- 2 роки тому +3

    How do you find your flips?please make a video

  • @phindilesibiya1635
    @phindilesibiya1635 2 роки тому

    How do you source these properties? I like your videos by the way

  • @mlungisi1702
    @mlungisi1702 2 роки тому +1

    You just got a sub boet. Great content. 👍✌️👌

  • @Joseph-hc1nx
    @Joseph-hc1nx 2 роки тому +2

    Dream job

  • @mamoisemabuza436
    @mamoisemabuza436 2 роки тому +1

    Hey, please can you also name the suburbs. I think that would be very helpful with matching your budget to what you can suburbs you can look into

  • @c3lphtitl3d
    @c3lphtitl3d Рік тому

    Also what kind of window are we looking at when putting in written offers? Is 5 working days reasonable?

  • @user-et7ic8zx3r
    @user-et7ic8zx3r Рік тому +1

    Hi ilike the way you do things professional

  • @christiaanpieterse4931
    @christiaanpieterse4931 3 місяці тому

    Hey I have been waching the channel for a while now what is the general consesis about buying on turf/boggy or clay soil as I am looking to buy a property in pretoria

  • @OraL925
    @OraL925 Рік тому

    PERFECT VIDEO 😂 im in anytime youd consider hosting a master class

  • @raydanielz9408
    @raydanielz9408 Рік тому

    But, can you share with us, how to get finance for the first deal? I am an estate agent and come accross lots of this kind of properties and would love to get back as I did it before but had access to my pension fund loan

  • @CoffeeToCodeConverter
    @CoffeeToCodeConverter 2 роки тому

    Steve! Steeeeeeeve. Steeeeeeeeeeeeeeve. Steve here. Nice going! How much of the commision did absorb?

  • @Tryfan13
    @Tryfan13 2 роки тому

    Hi Steve, where is this property allocated?

  • @oratorbrands2185
    @oratorbrands2185 2 роки тому +1

    more videos bruh!!!!!!!

  • @jaymngomezulu
    @jaymngomezulu 2 роки тому +3

    When you speak of a written offer, is this an offer to purchase or some other documentation in your own words? I'm curious as to what that looks like. Thank you.

    • @Marissa821
      @Marissa821 6 місяців тому

      Offer to purchase.

  • @thetad1242
    @thetad1242 2 роки тому +1

    My from R1.3m to 3.3m. that's quite a thing

  • @yououtuber4176
    @yououtuber4176 2 роки тому +1

    I've got a toxic boss.
    We know something about 'always get it in writing'....

  • @BlueCrown-kw3wb
    @BlueCrown-kw3wb 4 місяці тому +1

    Come to uganda, and make me your realtor please you will love it,
    Even house prices here are way down
    Like so down that it will shock you
    And the country is so friendly

  • @lesibamoja1901
    @lesibamoja1901 2 роки тому

    Had a seller resind an accepted OTP but didn't have the will power to take them to court

  • @miguelfucungo4202
    @miguelfucungo4202 2 роки тому

    Ah Steve ✨🤌🏿

  • @Tommy-nt6wv
    @Tommy-nt6wv 9 місяців тому

    How much did this house sell for ?

  • @MfundoGcabashe
    @MfundoGcabashe Рік тому

    Are you negotiating directly with the seller/owner or listing agent?

  • @jancovanderwesthuizen8070
    @jancovanderwesthuizen8070 Рік тому

    where do you find all these run down houses to renovate? Ive been looking thru Property24 in JHB and PTA and coudlnt find barely any

    • @Marissa821
      @Marissa821 6 місяців тому

      Joburg: check Blairegowrie, Norwood, parts of Randburg, Orange grove

  • @wimpie051
    @wimpie051 2 роки тому

    Maybe stupid question, but I do ask it. What's the currency your talking in? Dollar, Euro, local currency? I'm living in Europe and want to calculate it in Euro..

  • @evafricatech
    @evafricatech 2 роки тому +4

    You did not tell us about your game plan in selling the house for 3.3 million rands. And as to why you thought it would sell for that much. That should have been included on your negotiation technique

    • @navinchouhan255
      @navinchouhan255 2 роки тому

      Is it in rand or US dollar

    • @limzoman5157
      @limzoman5157 2 роки тому

      Rands bro.
      Divide the rand figure by 15 and u will get the us$ figure

  • @costakonti
    @costakonti Рік тому

    how do you find these homes? general websites or agents or both?

  • @jdewalt9847
    @jdewalt9847 2 роки тому

    usd or rand? the currency used to purchase?

  • @costaqwabe5683
    @costaqwabe5683 3 місяці тому

    I always find houses for sale from distressed home owners but I lack the funds especially buying , example of house in Wilro Park I wanted to flip I offered the owners R1 180mln to sell for R1.9mln renovation and buying cost were gona be R300K... current one I want to flip is worth R2.2mIn , I want to offer seller R1.3mln - R1.6mln depedant on inspection......I need a partner with financial resources I will be foot soldier on the ground .. I am also willing to put financial skin into a deal. Its NOT A SCAM..... partner can bring own conveyancer

  • @swirl._.3
    @swirl._.3 2 роки тому +1

    work smarter not harder

  • @tmooeetv
    @tmooeetv 2 роки тому

    Is this deal USD or ZAR?

  • @jarsky
    @jarsky 2 роки тому

    Watching this video, crying that this is 1.3m rand...where i couldnt get a property half this size for $1.3m dollars (13m rand) 😓

  • @grand_paps5967
    @grand_paps5967 2 роки тому

    1.3 Dollars, pounds, CAD, AUD, local currency?

  • @luligaga9623
    @luligaga9623 Рік тому

    I wonder if he bought the house through an estate agent or directly from the owner 🤔

  • @walterzikalala
    @walterzikalala 2 роки тому

    ?????

  • @nicolasrucoba8533
    @nicolasrucoba8533 2 роки тому

    So that house was 80k

  • @guluvatrading1301
    @guluvatrading1301 5 місяців тому

    Hope they aint watchin this

  • @joatmofa0405
    @joatmofa0405 2 роки тому

    LOL - that's not really "good negotiating skills" - in fact - it's a shyte deal!

    • @d3athcom3st0a11
      @d3athcom3st0a11 2 роки тому

      its in zar not usd.

    • @limzoman5157
      @limzoman5157 2 роки тому +3

      Well...he made a million rand in 2months (us$ 65k)... doesnt seem shiyte to me

    • @d3athcom3st0a11
      @d3athcom3st0a11 2 роки тому +1

      @@limzoman5157 yeah that was my point!

  • @user-et7ic8zx3r
    @user-et7ic8zx3r Рік тому

    Hi ilike the way you do things professional