1% Rule for Property Investing in South Africa

[@louisreynhardt]

My Property Course and coaching program ➡️➡️➡️ : payhip.com/LouisReynhardt

[@MsOrangeknickers]

Hi Louis, I am curious if you have experience buying property in a different town/city if you live in a one horse town. Also, I noticed that you do most of the renovation work yourself, how does it affect the cost if you have to hire a contractor to do these?

[@xolamdingi9784]

You have a follower 😁 the link doesn't work and I would like to enroll on property course 🙏

[@louisreynhardt]

@xolamdingi9784 welcome to the channel. Follow this link. It works from our side : payhip.com/LouisReynhardt Looking forward to have you onboard

[@xolamdingi9784]

@@louisreynhardt oh it works now thank you Sir🙏

[@xolamdingi9784]

@@louisreynhardt "PRIVATE COACHING WITH LOUIS PACKAGE" you help customer to attain at least one property but the end of the session?

[@graceasomani5726]

I will like to learn about the trust structure of purchasing property, I already have a trust but don't know what to do next

[@louisreynhardt]

You can contact Prosperity Enterprises. They help me with all my stuff. You can also use my name as reference.

[@tshegofatsotshikane5330]

Great breakdown on how to start your analysis when identifying potential property to invest in, thank you for the knowledge.

[@louisreynhardt]

Huge pleasure. Thank you so much for watching. Please share it with your friends and family. All the best 💪🏻

[@renzelkhamacho1379]

This is gold mate. Thank you for continuing to go school us.

[@louisreynhardt]

Pleasure my friend. Thanks for supporting the channel 💪🏻 🙌🏻

[@rethabilemasega4274]

Our own Graham Stephen😅,you just gained a subscriber❤‍🔥

[@louisreynhardt]

Lets goooo 💪🏻🚀🇿🇦🤣

[@SanalPillai-r7r]

This is brilliant Louis !

[@louisreynhardt]

Thanks for watching 💪🏻 🙏🏻

[@BeachBum51050]

FYI: Your written equation and stated (verbal) equation are different. I.e., the "x100" should not be part of the denominator.

[@louisreynhardt]

Thanks for pointing it out. 💪🏻💪🏻

[@RonaldSimonKahn]

Thanks Louis!

[@louisreynhardt]

Thanks for the continued support Ronald 🙌🏻 🙏🏻

[@Lt.Acid2.0]

Louis, how do I get the excel sheet you designed for property investors?

[@louisreynhardt]

You can pop me an email at [e-mail] 💪🏻

[@bankster2191]

Levies can completely throw most deals out the window.

[@louisreynhardt]

1000% I call it deal killers 🤣🤣

[@sizwenxumalo3925]

Louis thank you for the video. Please check your formula ((Monthly rental)/(purchase price))*100. I would like to get your evaluation sheet. How do I buy it?

[@louisreynhardt]

Pleasure my friend. Thanks for watching. What about the formula ? You can join my membership of R25 to get access to these sheets and the members whatsapp group. Look for a " join" tab on my channel or upu can follow this link and click join kzbin.info/www/bejne/hZuynZenlK59gbssi=7yyKdQF_iVCwTkTu

[@sizwenxumalo3925]

​@louisreynhardt thank you for the link. Your formula at 02:51 has 100 as the variable product in the denominator and not the whole.

[@louisreynhardt]

@sizwenxumalo3925 thanks for pointing that out. I hope eveyrone will still understand. Thanks for watching my friend 💪🏻

[@Jerome-iwnl]

Thats kind of a weird way to explain the 1% rule... I would rather say: The rent should be 1% or more of the purchase price 400,000 purchase price means 4,000 rent or more

[@louisreynhardt]

💪🏻💪🏻

[@gustav7117]

Passop vir studente, hulle fok alles op.

[@louisreynhardt]

Feite. Maar gewone huurders ook maar 🤣

[@MhlengiDlamini-qf6uv]

hy sir i just wish to know if is it possible to start investing into property without capital as like maybe you go to the bank and explain your ideal and show them that you want to do this if they like it they will you give you money because i like this kid of business the thing is i dont have money to start and i'm still a student

[@louisreynhardt]

Unfortunately its not that simple. You can however focus on angel investors or private investors

[@bulelanimsibi1664]

Can you share your excel spreadsheet?

[@louisreynhardt]

Sure pop me an email at [e-mail]

[@ankevanrooyen7901]

Hey Louis , I’m just a little confused. I bought a house cash and it doesn’t pass the 1% rule, but I’m still making money every month. Does this rule only apply to property that you would be taking out a bond on?

[@louisreynhardt]

The 1% is just a simple way to analyze rental properties. Whether its bonded or not does not matter because you use the rental income and purchase price only. You can do Return on Investment calculations if you want to find out more about your cash deal.

[@Mamacitapmua]

I feel like I’ve seen this video before, is it a repost?

[@louisreynhardt]

Its a new take with some extra tips. The first video I made about the 1% rule was only 2 minutes long .

[@Mamacitapmua]

@@louisreynhardt ok perfect, thanks for the tips and lessons 👌🏼

[@Cpm_legit54]

What's up Louis,it's guys here🤔 But mistakes like this happen

[@louisreynhardt]

Mistake or on purpose ? 🤣

[@Cpm_legit54]

@@louisreynhardt mistake💀

[@Moletji]

We should collaborate on a deal. I currently have 2 complexes But still need more

[@Moletji]

P.s you messed up my mind. One of the complexes makes less them 1% but I'm still profitable

[@louisreynhardt]

If it has a loan its highly unlikely to be profitable if its lower than 1% but it can be depending on the levies and rates and interest rate and deposits etc.

[@MCranstounDay]

My name is not Louis and I'm sure your name is not "guys here" :) Check your intro boet :) I dig your videos though, keep it up !

[@louisreynhardt]

🤣🤣🤣 I love the comment. Thanks for sharing. I do the intros on purpose 💪🏻💪🏻

[@dikgang1623]

​@@louisreynhardt hi Louis, please note that some of us dig your intro. Some people are hate mongers. We as South Africans love your intro and your content

[@xolanimagida1098]

Don't sweat it brother, the chap is obviously new here, but he'll catch on 😂​@@louisreynhardt

[@malibongwekula1254]

Geez, some people though...yes, the intro is legendary "Guys", dpnt stop brothrr. ​@dikgang1623

[@louisreynhardt]

Thanks brother appreciate the support

[@DonSlim242]

Is it wise to purchase an investor property Cash, I have liquid on me and I'm not working but I just want to invest my money into Real Estate

[@louisreynhardt]

It all depends on your situation. I like using OPM. But if you dont have a income it can make sense if the return you receive from the property is enough

[@Spiralbox]

Where the hell do you get 21K rent on a property of 1mil? That is just fantasy. No way in hell my friend.

[@louisreynhardt]

Mutli lets is how. 💪🏻💪🏻

[@Spiralbox]

@louisreynhardt multilets? Please explain. You let multiple people let your place for R 700 per day each?

[@louisreynhardt]

No not exactly. Multi lets can be done in in different ways. The strategy is simply using for example a 2 bedroom and renting it out to two separate people for R4000 each instead of, for example, R6500 for the entire 2 bedroom. This is just simply put.

[@Spiralbox]

@@louisreynhardt Aah I see. Interesting, thanks man. Just subbed to you btw because I am starting my property business soon.