I Closed My FIRST Commercial Deal After 2 Years of Trying!

[@bonganitiso8014]

Great deal, son. evertime you close deals, l learn something new. So you purchased share to avoid transfer expenses saved R450K, Automatic Equity from day 1, 40ROI ......l love this Weldone son.

[@LaurensBoel]

Thank you, pops! Always love knowing you’re soaking up the madness with a method in these deals. 🙃 Now, you’re absolutely right-but buying a company instead of just the property comes with some spicy risk, too. It's like opening an attic in an old house; you never know if you'll find priceless antiques or a colony of bats. 🦇 There could be skeletons lurking-hidden liabilities, undisclosed sureties, or nasty surprises that didn’t make it into the financial statements. That’s why thorough due diligence is non-negotiable. Think of it as putting the company through an MRI scan before you sign on the dotted line. No surprises = no sleepless nights! 😅 But hey, with great risk comes great reward-just have the right team checking behind the scenes. Thanks for pointing out the balance here!

[@atangmadileng4967]

exceptional deal! well done Laurens

[@LaurensBoel]

Thank you!! 😊

[@aeversaelectricthings9034]

Thanks Laurens. You are always giving the audience confidence. First time commenter on your channel, long time viewer. Well done. You have also inspired me to get cracking on my rental property journey. I have already acquired 2 multi let rental properties using the strategies you speak about. Both are generating net positive cashflow and I will be able to do a third one this year. Much appreciated.

[@LaurensBoel]

Thank you for the kind words and for stepping out of the shadows to comment-first-time commenter, long-time viewer is the ultimate compliment! 🎉 It’s fantastic to hear that you’ve not only been inspired but also taken action. Two multi-let properties, both cash-flow positive, and a third one on the horizon? You’re smashing it like a tenant avoiding their deposit deductions! 💪🏡 Keep at it-compounding cash flow is how empires are built. Remember, the hardest part is starting, and you've already leaped over that hurdle. Now it’s all about scaling smartly and keeping those spreadsheets tighter than a landlord’s budget! 😂 Thanks again for the support-let me know when you're ready for property #10. I’ll save you a virtual high five for that one! 🙌

[@sanelensindiso]

Amazing Content! Congrats!

[@LaurensBoel]

Thank you so much 😃

[@malibongwekula1254]

Well done, Laurens! Great stuff man.

[@LaurensBoel]

Glad you enjoyed it!

[@veeg2315]

Congratulations 🎊

[@LaurensBoel]

Thank you!!

[@phildoom2329]

The fact that there's no transfer duties.Its like a magic hack.Can you please explain that in a separate video 😢😢😢 please 🙏

[@LaurensBoel]

Thanks! It’s a straightforward concept-you’re buying the company that owns the property instead of the property itself. But the real challenge lies in the due diligence. Buying a company is like opening an attic in an old, mysterious house; you might stumble upon priceless treasures-or an unexpected colony of bats. 🦇 The risks? Skeletons could be hiding in the closet: undisclosed liabilities, secret sureties, or those sneaky little surprises that somehow didn’t make it onto the financial statements. Due diligence isn’t just a step-it’s the step to avoid turning your investment into a horror story! 👀

[@jasonseekoei5392]

i dont see your deal cost accounted for in the deal? is there a reason that as cost is left out ?

[@LaurensBoel]

Huh... what do you mean deal cost accounted for in the deal?

[@davidjrthekingsir]

Growing up I want to be you

[@LaurensBoel]

Thank you! 😄 But here’s the secret: growing up to "be me" just means taking risks, learning from your mistakes, and hustling like your dreams depend on it (because they do!). Keep grinding, keep growing, and who knows? Someday someone will want to be like you. 😉

[@davidjrthekingsir]

@@LaurensBoel im already working towards my first apartment, Hopefully before the end of the year