I’m a property owner of 3 residential properties. I live abroad, and I’ve rented out all 3 of my properties without an agent. Let me tell you, those people (agents) are opportunists. They do absolutely nothing of value. If something breaks, they simply relay the message, then recruit their own people to fix at ridiculous rates. As long as you have a plumber, an electrician, and a maintenance man on speed dial, then you don’t need to have an agent. Incase you end up with a recalcitrant tenant, then have templates of the various letters that you need to issue in order to evict them legally. Agencies are a scam. They offer you no value whatsoever. Thanks to technology, you can DIY this process with minimal effort.
@tshepotrevor4503
Жыл бұрын
That’s the honest truth. I’m a property owner too. At first I used the services of an agent. That was the biggest mistake of my life. After deducting their monthly commission from the rental amount, they would deposit rental that was incomplete to me. When I enquired, they claim that the tenant paid on an ATM machine and the bank charges a fee for that hence my rental is incomplete, but they take their full commission 🙄🙄. And they didn’t care to alert the tenant of this. The very same rental would be paid to me very late during the month while debit orders for levies run early in the month. Even though the tenant paid on time. That was a nightmare. To top it all, when the tenant moved out, there was a lot of damages to my property and it was dirty. After conducting exit inspections with the tenant, the agent lied and wrote on the papers that my property was in good condition. Luckily I went to the property same day to check myself, I was shocked. I Immediately called their offices and told them that their agent lied. They advised that I must take photos of all damages and all outstanding rental cz of the “ATM” story and send to them. They eventually deducted from tenants deposit and I fixed the damages. From all those bad experiences, I decided to manage it myself, peace of mind I tell you. I now have a dedicated plumber and maintenance guy and do my own monthly check ups as i interact with tenants directly. Vetting tenants, securing tenants, handling deposits, etc. Last I heard that agent resigned from his job and many clients had complained about him. Estate agents are wolves in sheep clothing.
@mocabeentrill
Жыл бұрын
I'm learning this so late! But I'll redeem myself on my soon to be second property.
@beewest5704
Жыл бұрын
An agent I used would just give prospective tenants the address & key & let them go to my place alone. The neighbor told me so I tested them to see if its true. And that is truly what they did.
@nombusontsimbi8291
Жыл бұрын
Thank you so much for this.
@Inspirationdiaries
Жыл бұрын
Nicolette is funny 🤣🤣🤣🤣🤣 They will take you for a Popeye.... for a Popi
@msmphom733
Жыл бұрын
They can literally make the rent even cheaper than your calculations and then say you take over the lease. Wonderful videos Nicolette especially for an aspiring property owner
@Matita_Sipokazi
Жыл бұрын
OMG, I need a support group just to talk about property rental agents😂. East London remax is worse. They don’t even want to take a meeting.
@tlaly
Жыл бұрын
You're educating us! I appreciate you so much👌🏾❤️
@zee144
Жыл бұрын
Well handled.. similar thing happened to me. . We need to be very sharp out there!. Please make more of these videos to educate us on these creative business techniques, so we can counter!
@katlego5077
Жыл бұрын
That's totally absurd. This is why I do my own rental. Agents can be tricky. What a fat chance they were trying to take .
@habangana
Жыл бұрын
Thank you Financial Bunny!! We are learning a lot from you pretty lady, avoiding our own school fees
@thandekabiyase6434
Жыл бұрын
Thank you financial bunny, the way you open our eyes. Thank you for teaching us 🙏
@UnknownUser-pw8os
Жыл бұрын
I just bumped unto this utube channel and had to watch every second of what you are saying. Very educative and besides I love the lady's intellect.....big up.... Constant M
@banelemoya9153
Жыл бұрын
Your facial expressions😂👌🏾🔥
@TalkingMoneyWithNozi
Жыл бұрын
I enjoyed your realness in this video. Get them girl!!
@koketsoletlape3803
Жыл бұрын
hehe "for 10 marks" best comedic relief for this horror show of a situation
@redeemablesoul
Жыл бұрын
Thank you Nicolette...i learn alot from you..
@vusumzijoshuampondo6333
Жыл бұрын
We need part2 please....you tell us the use of Body Corporate(how it started, what's the use,what insurance companies do they use, when making renovations & altering the structure what process should they follow,etc ?).More info please!
@lesetjatoona
Жыл бұрын
Typically, I include a condition that I’ll take occupation on lodgement, which is just a few days before actual transfer. In this way, I am able to see if all suspensive conditions have been met. If not met, I can then instruct the transferring attorneys, regardless who appointed them, to stop with transfer registration. Ideally, you don’t want to inherit tenants from the seller unless you are able to manage that transition and have the means to deal with it. You then well.
@msmerlinmonroe6714
Жыл бұрын
I enjoy your videos so much and learn so much. Thank you
@FinancialBunny
Жыл бұрын
Thank you
@thembekamajola5602
Жыл бұрын
I was pursuing the estate property myself, but their association regulations and disclosure didn’t not seem right. Alots of crookedness and it was clear they were designed systematically to capitalize from owners ignorance and the illusion of ownership with limitations and not fully enjoying those your premises and benefits. Good thing your tough lady, questioned them and don’t let them take advantage of you- This are things in property sector that needs to be addressed by our government.Discriminating policies needs to be eliminated effectively!
@Khutsahalo
Жыл бұрын
This was so informative, thank you so so much for that .. I love your fearlessness 👏
@boypeeloo
Жыл бұрын
Wang nthabisa nje....thanks for sharing.I personally learn a lot from u
@liandathamane9185
Жыл бұрын
Honestly how ??? Yah nne note to self and all owners attend those Meetings ...Thank you Financial bunny for the insight ❤️
@zukiswageorge575
Жыл бұрын
Thank you Nicolette... I enjoy watching your videos, your energy wow!😃. They are literally the only source of information for me right now....Whether it's finance or property education...I appreciate you sthandwa sam 🥰😍....Go get them girl! And God keep on blessing your hustle.
@FinancialBunny
Жыл бұрын
Thank you so much Zukiswa, these words of encouragement are exactly what I needed today. I appreciate it so much. Stay blessed and may it all be abundance for you
@zanelenxumalo5057
Жыл бұрын
Well done girl thanks once again great content
@zandatwala3469
Жыл бұрын
Yesss girl, I love how you handled these!
@bronwynmorris
Жыл бұрын
As a real estate agent, I cannot believe you had to go through this! It gives us such a bad name, wow 😂🙌 there’s no way they actually tried to get away with this shit…. Please guys not all real estate agents do this, and please do check if they are registered
@boikanyoseoposengwe372
Жыл бұрын
this is really an eye opener. thank you.
@RENEWALSPACE
Жыл бұрын
It’s a pity that SA is going the sectional title way. Most body corporations are so corrupt it’s terrible.
@SeipatiMotlopye
Жыл бұрын
So true hey 😢
@phoebemailwane7949
Жыл бұрын
That's true.
@ytvc120
Жыл бұрын
Let’s expose the kinds of fraud perpetuated by body corporates to help others identify and mitigate it
@lemitsiri2662
Жыл бұрын
The wisdom!!!! ❤❤❤
@bridgetsebolai6207
Жыл бұрын
Ijooo as a property owner this really opened up my eyes thanks ausi for the information 💖🙏🏽🥰😘🙌
@williamraolane8661
Жыл бұрын
Learning so much for your experience.
@saneh5158
8 ай бұрын
Thank you for your educational videos. Please do a video for drawing up a lease that is in line with the property law and will also work in the favour of the landlord. I’m preparing to purchase my first property and you videos are doing the Lord’s work
@elizabethmukulu8255
Жыл бұрын
I love a me a Nicolette Mashile, She is superwoman and I m thankful that I get to feed from her tank of wisdom. Thank you Ma’am for doing the Lord’s work on our behalf.
@ninepersonalities2349
Жыл бұрын
Damn I love your personality 😂❤ You are amazing!
@mandlachonco2823
Жыл бұрын
Ey I'm watching for the first time, you're maaaad, smart, beautiful and funny, I love you dude😂❤
@amandandleleni9861
Жыл бұрын
I just got in the industry and anxiety is killing me.. Just bought a unit to rent out, hoping for things to go smooth for me..
@amandandleleni9861
Жыл бұрын
How do i go about? 🥺🥺
@kelebogilemashishi3358
Жыл бұрын
Me too, i just deposited theor money today.. Yoh i am on every video about apartments 😅
@nonzwakaziprecious9507
Жыл бұрын
I'm still in a process ladies, how is everything so far?
@lunganikhubone2595
Жыл бұрын
Bangene Nicky Nicky. Let them shake. Not everyone is ignorant it high time they change. This is very great teaching. You are a real teacher. This kind of education is more expensive than that of college. They say you learn more when you learn from other person mistake. But you really forcee a mistake. They is a lost they could have included in the lease. Like Commission that is due to them for the entire lease even if they are not responsible after the registration is complete. White collar cre is dangerous because it always on paper. They just simply say you have signed. We have to be very careful. Especially in this state of economy. People just want to make easy money.
@esthermakgato-co3gc
Жыл бұрын
Hi Nicolette. What are some of the property literatures that you would recommend to a person who doesnt really know much about the nitty gritty details of property but is interested in exploring? Even if it can be courses. Thank you in advance
@kutalabam
Жыл бұрын
Sorry for my 2c I'm like learning as I go but UCT offers a long distance learning course ma'am, I believe it's 12 months not sure of the tuition but if you enquire and Google on their page, you can leave your email details, there'll be in contact with you, hope this helps 😊✌🏾
@upskillwithnom
Жыл бұрын
Always learning something from you✨️
@khonayesamoranobadula8416
Жыл бұрын
Amazing content as always 🙏🏿👌🏿
@danielngada8225
Жыл бұрын
Very wise woman ❤
@oyandakona5994
Жыл бұрын
Bayaqela aba bantu tshini! Sort them Financially bunny kubo This is a good video!
@NgwakwanaM
Жыл бұрын
Thank you for this video. Went through the same thing😔
@FinancialBunny
Жыл бұрын
Why are we being made popeyes?
@lulumops
Жыл бұрын
Very interesting conversation!
@busisiwesithebe384
Жыл бұрын
😂 Ey! Ukwatile uNicolette 😅 Kodwa Hai, ba sile shem!
@nwabalisa2674
Жыл бұрын
Aaaaarg I needed this video, I am currently beginning on my property investment journey
@thobekamolteno7924
Жыл бұрын
THATS MY GIRL ,You my inspiration sweertut Zhow I wish you my mentor..... YOOOO YOU COMPLETE ME YOU KNOW YOUR WORTH GIRL LIKE IM SO SO SUPER EXCITED TO COME ACROSS YOUR PAGE UNGIPHA IVUVUZELA IN MY SPIRIT...👌👊👊
@thatorankapole1461
Жыл бұрын
Hi Nicolette do you by any chance have any videos on the topic of rent to buy on property?
@ngobenimsesenyaneplatius9862
Жыл бұрын
I loved it when you said people should read everything, that right there is education
@tiawilliams2003
Жыл бұрын
Always do your research, understand how the property world works. These people can tell if you don't know how things work.
@bonolobonifaciosebolai3761
Жыл бұрын
Thank you for your story. I am about to meet up the developer for our property and they didn't built what they advertised from the show room. First things I did was check the contract and read again. Eish, re tla jewa hela so if we don't read and educate ourselves.
@bonolobonifaciosebolai3761
Жыл бұрын
Ijoo, they are taking me for a popaye this people I tell you
@phumelelamkhonto2219
Жыл бұрын
Thank you very much, highly appreciated.
@elkat2282
Жыл бұрын
I luckily stumbled on this video and I'm hooked.
@luckymashiloane3877
Жыл бұрын
I love your content I learned a lot
@bonganiubisi1432
Жыл бұрын
there's a lot that they get away with by putting it in the fine print, I dont even want to start about the "Body corporate" that is the worst and people end up loosing their units especially if you buying to rent out you might end up with a negative profit
@edub201683
Жыл бұрын
Notification gang😊 Love the head scarf😍
@siphonsibande5894
Жыл бұрын
Ngithanda musuthi,yes thina bantu abamnyama asinalutho bt esinakho ukufunda,their for lets read and acquire information and knowledge as much as we can,i like that.
@moketelebea18
Жыл бұрын
You are very Smart.
@LadyT06
Жыл бұрын
*Interesting how they BASICALLY had an INDABA about your own property to come with suggestions in order ORDER to implement their own DECISIONs.He bathong,ga ba go bone ka sepe stru.Mmege,babe gatile moseleng😅!*
@phoebemailwane7949
Жыл бұрын
Eish... I hear you. These things 🤦🤦🤦
@mphoelia4455
Жыл бұрын
This is a sign of mastery coz you make property space looks so simple but this is epiphany for me. One have to get knowledge about property before going into it.
@millydea_koki1273
Жыл бұрын
Yes Body corporate & Property Manager is the biggest scam-we had an incident where the body corporate & ANGOR Propert Manager almost ran our estate into an R2 million rand loss. And they did not want to take accountability! Shortly when owners were questioning they said they would send statements and till today we are waiting🤣😂. They then shortly changed the body corporate and appointed a new property manager. They like taking chances. We had to pay a special levy.
@i_morongwa
Жыл бұрын
Insightful 💡
@NewsFeeders
Жыл бұрын
Can I please ask if a dept review rejection process does require documents to be sent by me to the company. Currently trying to get my application rejected but they say I must send them my payslips and bank statements before they can do that. Is that how it is done? Please advise 🙏
@yveletsoalo5343
Жыл бұрын
You GO Girl ❤! Know your rights peeps
@siphesihletom4933
Жыл бұрын
You never disappoint
@segobernice2103
Жыл бұрын
Eish Nicolette property ke stress man. Can't wait for part 2
@achillesglacia7700
Жыл бұрын
Wow, she's amazing, South Africans are amazing people, I think this can be reported nicollette,? No? It not your fault the deeds office is slow, this is grounds for a lasw suit, putting unnecessary pressure on the wrong person, and with intent to double sell the same item just on the off chance the deeds office delays
@kebeilengmakgotlho7923
Жыл бұрын
WA sokodisa but you're smart😅yerr
@sihlesihle6838
Жыл бұрын
They wanted to take the 1st monthly rental + 10 percent monthly. If they dnt find a tenant I still owe them their 10 percent & even if there’s no tenant
@simonmahlangu923
Жыл бұрын
Shit! We gotta read but where do we learn all those things?
@chuckychic5334
Жыл бұрын
Thank you for this
@chantelm186
Жыл бұрын
When "God said touch not my Annointed" this is an example of it. Bafike wrong to My cocco bbe, My financial bunny shem
@natacheiilonga
Жыл бұрын
Wow, jeeeesu
@Khitha_m
Жыл бұрын
🙌
@siphesihlemlungwana9879
Жыл бұрын
"Explain for 10 marks" 🤣🤣🤣🤣
@runyararomapenda4348
Жыл бұрын
These guys think that we don't read these contracts.
@mphocollenmaaboyi4215
Жыл бұрын
🤣😂😂😂 Makgowa
@mananammalegae
10 ай бұрын
😂😂😂 I love you
@thabisoxolo
Жыл бұрын
waze wamuhle!😩🔥
@nonzwakaziprecious9507
Жыл бұрын
These guys they better not come for me, need to start attending and educating myself
@forexengineering9877
Жыл бұрын
What would have happened if you had said you want your money back?
@kwenamokgokong8291
Жыл бұрын
Wow
@donaldmakola5917
Жыл бұрын
I am in need of your advice?
@dingalodingalo8447
Жыл бұрын
Miss you on TV.This rules are from International based rules designed as we go along by them.Listen to Joe Biden.
@din_dins_adventures183
Жыл бұрын
Factsvso disrespectful. Had a situation with the managing company and they couldn't back up their story after they did illegal thing 😐😐
@vusumzijoshuampondo6333
Жыл бұрын
What's that illegal just for curiosity?
@FILIPPI107
Жыл бұрын
So they didn't know they are selling to "THE" Financial Bunny..? LOL
@princendwandwe4493
Жыл бұрын
Wow, Wow, Wow
@lucricia_mokgolo
Жыл бұрын
Interesting.
@MolimiMathobela
Жыл бұрын
Baotlwaela masepa
@clinzo356
Жыл бұрын
We are not there!!!!! Similar to school meetings We are not there!!!! Many sectional title properties have majority Black however procure mainly from minorities.
@mduduzinkosi6147
Жыл бұрын
That is true
@seabelomolefe5247
Жыл бұрын
Report anti -competitive behavior to the Competition Commission and SACAP
@Ziphozonke
Жыл бұрын
Must be something they always do and get away with
@mazibukomail
Жыл бұрын
This is pure corruption.
@Unathiwealth
Жыл бұрын
Share me your lease agreement
@joshuagxekwa
Жыл бұрын
They were trying to set you up for failure but they met their match shame 🤣
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