The team focuses on a strategy called Back to Back, where they make money from property without putting in any of their own money. Nhlakanipho shares how he does the back to back strategy. He provides some examples on how this works. Long term he is looking to do multi family rentals that provide them with passive income.
He shares how be bought a 2 bedroom house with 2 outside rooms for R200 000. He sold it immediately for a profit on a back to back deal.
In this episode I speak to Nhlakanipho Ntombela of Ntombela Properties who is making property work for him with no money down, in his deals.
Nhlakanipho together with his business partner Fortune Nhlapo are fresh in the game however I love his drive. In less than a year, he has closed seven deals and the year is not over yet. I love their passion and hunger!
He shares how be bought a 2 bedroom house with 2 outside rooms for R200 000. He sold it immediately for a profit on a back to back deal.
In this episode I speak to Nhlakanipho Ntombela of Ntombela Properties who is making property work for him with no money down, in his deals.
Nhlakanipho together with his business partner Fortune Nhlapo are fresh in the game however I love his drive. In less than a year, he has closed seven deals and the year is not over yet. I love their passion and hunger!
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