My name is Wihan van Wyk and I am a Real Estate Agent and Investor!
In this video, I break down step by step how anyone can start their journey to become a real estate investor and buy their first property!
Step 1 – Start early 00:53
Step 2 – Credit Score 02:03
Step 3 – Make money and then save it! 03:42
Step 4 – Get Prequalified 05:53
Step 5 – Your Real Estate Strategy 07:14
Step 6 – Start researching areas 09:45
Step 7 -Buying and closing the deal 13:04
Step 8 Ready the property for tenants 16:05
– Buy an undervalued property
– In an area poised to rise in value
– Add equity by fixing it up
– Rent it out and profit!
This video was the first one I have ever done like this for Youtube, and it took quite a while! So if you liked it, I would very much appreciate that you give it a thumbs-up and ask me in the comments if there is anything from this video you would like to expand on in some more detail in another video.
If you are in need of some extra inspiration I can also highly recommend the book Rich Dad Poor Dad by Robert Kiyosaki:
This is the book that I first read and that put me on the investing trajectory that I am now. So I can’t recommend it enough!