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

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Flipping Johannesburg

Flipping Johannesburg

Күн бұрын

Пікірлер: 114
@thamanig9289
@thamanig9289 2 жыл бұрын
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.
@sabelonkosi8528
@sabelonkosi8528 2 жыл бұрын
I've been on the same boat for some time... Steve is a godsent
@tondani6663
@tondani6663 Жыл бұрын
Absolutely
@siyabongangwane5236
@siyabongangwane5236 5 ай бұрын
This comment is so relatable 👌
@sakhiledlamini7921
@sakhiledlamini7921 2 жыл бұрын
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 жыл бұрын
Loved the video, Steve. Please document more.
@albertludick505
@albertludick505 2 жыл бұрын
It would be interesting to see how you go about finding these hidden gems, like the channel. keep it up.
@aldinoarendse3421
@aldinoarendse3421 3 жыл бұрын
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 жыл бұрын
Thanks Aldino! Will def be doing more vids. Stay tuned! All the best for your business
@emcee_hkp9247
@emcee_hkp9247 2 жыл бұрын
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 • point out all the outdated/damages etc.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 Жыл бұрын
And check the distance between shopping and entertainment centers
@Mosopia
@Mosopia 2 ай бұрын
​@@babatundepopoola7184that's literally the main point. Houses near malls or main roads have a bigger price tag
@kandie128
@kandie128 3 жыл бұрын
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 жыл бұрын
This is news to me …lol I live in Canada have never met anyone from SA yet
@ollievw3450
@ollievw3450 2 жыл бұрын
Shame that they have the feeling they have to leave. It’s not as if they have enough doctors.
@valamdluli7590
@valamdluli7590 2 жыл бұрын
@@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 жыл бұрын
@@valamdluli7590 I know, SA medicine today is a far cry from the first heart transplant…
@mohaumokhethi8625
@mohaumokhethi8625 2 жыл бұрын
@@ollievw3450 cornea transplant and the worlds first mid ear transplant within the past 3 years would beg to differ
@thatomokwena560
@thatomokwena560 3 жыл бұрын
Hey Steve, can you do a video on running the numbers in detail and how to determine the after repair value
@jacquesmostert4115
@jacquesmostert4115 2 жыл бұрын
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 жыл бұрын
Hi, Steve. Super informative video. Keep doing what you're doing.
@marieslabbert6009
@marieslabbert6009 3 жыл бұрын
Very informative video. I deal in commercial and industrial property, but find house flips very interesting.
@nkosinathi7645
@nkosinathi7645 2 жыл бұрын
Just got a new subscriber Steve, very informative. Excellent job on the house, can't wait for your next project.
@TSerumula
@TSerumula 2 жыл бұрын
Fantastic work man. Well done on this one. Love your interior design too
@thapelomokgadi8903
@thapelomokgadi8903 2 жыл бұрын
Hi Steve, love your work!
@basanibaloyi2093
@basanibaloyi2093 3 жыл бұрын
You just gained yourself a subscriber.... I'm learning alot from your content
@randombarry23
@randombarry23 2 жыл бұрын
Great video. Just found your channel and I'm loving it. There's nothing else like this in SA.
@modestclyde2896
@modestclyde2896 Жыл бұрын
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.
@skunkle100
@skunkle100 3 жыл бұрын
Awesome video Steve!
@TheBoose
@TheBoose 2 жыл бұрын
Phenomenal job. Well done 👏🏾
@gavinbowes8402
@gavinbowes8402 3 жыл бұрын
Well explained and really useful
@lungelolakhekhumalo5552
@lungelolakhekhumalo5552 2 жыл бұрын
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?
@nellyngomane
@nellyngomane 2 жыл бұрын
Thanks for sharing all of these tips. They are definitely helpful
@zamanyambi9424
@zamanyambi9424 3 жыл бұрын
Hey, great video, please share the best location to invest into round Joburg
@kaylin8212
@kaylin8212 3 жыл бұрын
Please keep this up!
@malibongwekula1254
@malibongwekula1254 2 ай бұрын
Found this so useful. Thank you for the upload
@360life-
@360life- 3 жыл бұрын
How do you find your flips?please make a video
@kgomotsomolekoa4532
@kgomotsomolekoa4532 2 жыл бұрын
Very educational.. I love this content
@ovuokeaghwotu2389
@ovuokeaghwotu2389 2 жыл бұрын
Glad I found your channel.
@Sean-Aviv
@Sean-Aviv 2 жыл бұрын
Thanks for sharing!!!
@syedmehrhassan3651
@syedmehrhassan3651 2 жыл бұрын
Nice tips!
@rodneynkosi8707
@rodneynkosi8707 3 жыл бұрын
Fantastic video, this is authentic as it can get.
@felicitybulo2073
@felicitybulo2073 Жыл бұрын
Thanks for this. This was really informative
@JB9314252
@JB9314252 Жыл бұрын
Wow!! I have learned a new thing today and will apply it. Thanks and keep it up.
@yeet_za
@yeet_za 2 жыл бұрын
Lekker one Steve.
@abbasssibatra8682
@abbasssibatra8682 3 жыл бұрын
Interesting 👍
@omphemetsetlhapane4919
@omphemetsetlhapane4919 2 жыл бұрын
Nice tips
@johanbekker2917
@johanbekker2917 Жыл бұрын
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 жыл бұрын
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.
@lucricia_mokgolo
@lucricia_mokgolo 9 ай бұрын
Bumped into your channel and love your content. You've just gained a subscriber!❤
@buntungqokoma8951
@buntungqokoma8951 2 жыл бұрын
I wish you can negotiate on my behalf your game is proper
@c3lphtitl3d
@c3lphtitl3d 2 жыл бұрын
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)
@sakhileshandu595
@sakhileshandu595 2 жыл бұрын
Awesome!
@jaymngomezulu
@jaymngomezulu 2 жыл бұрын
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 10 ай бұрын
Offer to purchase.
@syedmehrhassan3651
@syedmehrhassan3651 2 жыл бұрын
Nice bro!
@RealGhostDj
@RealGhostDj 2 ай бұрын
Howsit bro. I wanted to find out where you’re accounting for the new approved house drawings. Is it the new owner that’s having to sort that out? Are you not getting new drawings done after the structural changes in the units? (Knocking downs walls etc)
@menzimazibuko8998
@menzimazibuko8998 2 жыл бұрын
Please make more videos like this.
@siphesihlengubeni5585
@siphesihlengubeni5585 2 жыл бұрын
Wow thank you so much this is so helpful
@mamoisemabuza436
@mamoisemabuza436 2 жыл бұрын
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 2 жыл бұрын
Also what kind of window are we looking at when putting in written offers? Is 5 working days reasonable?
@mlungisi1702
@mlungisi1702 2 жыл бұрын
You just got a sub boet. Great content. 👍✌️👌
@Joseph-hc1nx
@Joseph-hc1nx 2 жыл бұрын
Dream job
@christiaanpieterse4931
@christiaanpieterse4931 7 ай бұрын
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
@costaqwabe5683
@costaqwabe5683 8 ай бұрын
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
@salocalnews
@salocalnews 3 жыл бұрын
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 жыл бұрын
Is it in rand or US dollar
@limzoman5157
@limzoman5157 2 жыл бұрын
Rands bro. Divide the rand figure by 15 and u will get the us$ figure
@phindilesibiya1635
@phindilesibiya1635 2 жыл бұрын
How do you source these properties? I like your videos by the way
@raydanielz9408
@raydanielz9408 Жыл бұрын
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
@yououtuber4176
@yououtuber4176 3 жыл бұрын
I've got a toxic boss. We know something about 'always get it in writing'....
@NelisiweNgubane-q5h
@NelisiweNgubane-q5h Жыл бұрын
Hi ilike the way you do things professional
@CoffeeToCodeConverter
@CoffeeToCodeConverter 3 жыл бұрын
Steve! Steeeeeeeve. Steeeeeeeeeeeeeeve. Steve here. Nice going! How much of the commision did absorb?
@Tryfan13
@Tryfan13 2 жыл бұрын
Hi Steve, where is this property allocated?
@MfundoGcabashe
@MfundoGcabashe Жыл бұрын
Are you negotiating directly with the seller/owner or listing agent?
@wimpie051
@wimpie051 2 жыл бұрын
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..
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
South African Rands (ZAR). Thanks for watching
@OraL925
@OraL925 Жыл бұрын
PERFECT VIDEO 😂 im in anytime youd consider hosting a master class
@TinyFord1
@TinyFord1 2 ай бұрын
Was this property in its terrible condition listed on Property 24 with pictures and all? Or how did you come across it?
@FlippingJohannesburg
@FlippingJohannesburg Ай бұрын
Yes it was listed on P24
@BlueCrown-kw3wb
@BlueCrown-kw3wb 8 ай бұрын
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
@oratorbrands2185
@oratorbrands2185 2 жыл бұрын
more videos bruh!!!!!!!
@lesibamoja1901
@lesibamoja1901 2 жыл бұрын
Had a seller resind an accepted OTP but didn't have the will power to take them to court
@thetad1242
@thetad1242 2 жыл бұрын
My from R1.3m to 3.3m. that's quite a thing
@jancovanderwesthuizen8070
@jancovanderwesthuizen8070 Жыл бұрын
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 10 ай бұрын
Joburg: check Blairegowrie, Norwood, parts of Randburg, Orange grove
@costakonti
@costakonti Жыл бұрын
how do you find these homes? general websites or agents or both?
@FlippingJohannesburg
@FlippingJohannesburg Жыл бұрын
Many different ways. In this case, it was on the market with agents
@jdewalt9847
@jdewalt9847 2 жыл бұрын
usd or rand? the currency used to purchase?
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
Rands
@jarsky
@jarsky 2 жыл бұрын
Watching this video, crying that this is 1.3m rand...where i couldnt get a property half this size for $1.3m dollars (13m rand) 😓
@grand_paps5967
@grand_paps5967 2 жыл бұрын
1.3 Dollars, pounds, CAD, AUD, local currency?
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
South African Rands (ZAR)
@miguelfucungo4202
@miguelfucungo4202 2 жыл бұрын
Ah Steve ✨🤌🏿
@tmooeetv
@tmooeetv 2 жыл бұрын
Is this deal USD or ZAR?
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
This is in ZAR
@navinchouhan255
@navinchouhan255 2 жыл бұрын
Is it in remote place?. It's very cheap
@swirl._.3
@swirl._.3 2 жыл бұрын
work smarter not harder
@luligaga9623
@luligaga9623 2 жыл бұрын
I wonder if he bought the house through an estate agent or directly from the owner 🤔
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
Through an estate agent
@Tommy-nt6wv
@Tommy-nt6wv Жыл бұрын
How much did this house sell for ?
@nicolasrucoba8533
@nicolasrucoba8533 2 жыл бұрын
So that house was 80k
@nicolasrucoba8533
@nicolasrucoba8533 2 жыл бұрын
Dollar*
@FlippingJohannesburg
@FlippingJohannesburg 2 жыл бұрын
Yes indeed ! When converting to USD, it seems very cheap
@qb2oh9
@qb2oh9 2 жыл бұрын
@@FlippingJohannesburg very very cheap
@walterzikalala
@walterzikalala 2 жыл бұрын
?????
@guluvatrading1301
@guluvatrading1301 9 ай бұрын
Hope they aint watchin this
@joatmofa0405
@joatmofa0405 2 жыл бұрын
LOL - that's not really "good negotiating skills" - in fact - it's a shyte deal!
@d3athcom3st0a11
@d3athcom3st0a11 2 жыл бұрын
its in zar not usd.
@limzoman5157
@limzoman5157 2 жыл бұрын
Well...he made a million rand in 2months (us$ 65k)... doesnt seem shiyte to me
@d3athcom3st0a11
@d3athcom3st0a11 2 жыл бұрын
@@limzoman5157 yeah that was my point!
@RonaldSimonKahn
@RonaldSimonKahn Жыл бұрын
Thanks for sharing!
@NelisiweNgubane-q5h
@NelisiweNgubane-q5h Жыл бұрын
Hi ilike the way you do things professional
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