All Forum Posts by: Tiisetso Nkosi

I am currently looking into buying an apartment.

I have since rounded down my list of potential buys, based on my pre-approved documents  and on the area.

The one thing I have noticed, is that there seems to be a lot of people looking to sell where I am looking to buy.

Does this seller motivation signal something bad, the against the area?

The Agent(selling) simply says the owner of the apartment has reached his target and now wants to exit. The owner is liquidating up to 8 (Eight) apartments  in the complex (where I am looking to buy). This is also happening in another unrelated property close to the area.

In your Experience:

Is the area simply losing value or is there some other reason for the sudden uptrend in vacant apartments?

Should this change my resolve to purchase at this time?

Your inputs would be highly appreciated.

Thank you Nathan.

I will see to it. 

Thank you for the recommendations and will keep coming to your post as a reminder/source of inspiration

Hi Everyone

My Name is Tiisetso Nkosi and I am currently in South Africa. 

I came across BiggerPockets through Youtube and subsequently the BiggerPockets Podcast.

I am interested in doing a house hack for my first investment and subsequently create sustainable real estate portfolio that will last for generations.. 

I got into real estate through several books (including Rich Dad Poor Dad) and  now believe it is the best way to financial freedom.

I am very eager to learn and would like leverage the wealth of wisdom found on this platform to archive my goal.

Thank you for having me and I look forward to this journey with you.