Real Estate Investor December 2022/January 2023 | Page 13

RETHA VAN ROOYEN accommodation because of its proximity to a local university .”

“ By the end of the my first year of investing in property with intention , I owned 11 properties ”

Enrol in Student Accommodation

But information about student accommodation as a business was hard to find and there were many horror stories about property zoning or how the National Student Financial Aid Scheme ( NSFAS ) could implode and leave landlords with student squatters . I almost walked away from the opportunity but I was very fortunate to meet someone with the experience of managing a 100 student building in Cape Town . She demystified how the business works and became a partner for the company ’ s first year as well as a trusted advisor and close friend .”
“ Not everyone is going to be lucky enough to meet someone like that when you really need to . That is part of the purpose of writing my book ; to give an account of my learning experiences and pass on the knowledge I wish I knew when I started My Student House . I wanted the book to be a valuable resource and guide for anyone who is exploring the idea of Student Accommodation as a business .”
SA Real Estate Investor Magazine DECEMBER 2022 / JANUARY 2023 13