MASTER INVESTOR
Investing in Student Accommodation has the potential to be a lucrative property investment strategy , especially for property entrepreneurs looking to scale up their portfolio . Demand is ever growing and opportunities abound , but there can be costly pitfalls for the unwary or ill prepared .
In her recently published book - Creating Wealth with Student Accommodation in South Africa - Retha recounts her inspirational entrepreneurial journey from a somewhat shaky start , to founding the successful My Student House business which currently manages the accommodation of 798 students across 25 properties in four South African cities .
“ The Student Accommodation business can be very rewarding but is certainly not for the fainthearted ,” cautions Retha with a warm smile . “ It ’ s all fine having a few students staying in a granny flat in your garden , but if you want to scale the business up to the next level you will need determination , a sense of humour , plenty of patience , and a passion for helping South Africa ’ s youth .”
Retha explains that she wrote her book as a business guide for the property investor who wants to run Student Accommodation as a successful business . “ I ’ m the first
MINI BIO
Name : Retha van Rooyen Background : 3 kids and a husband BUSINESS HERO / MENTORS : Vusi Thembekwayo and Grant Cardone Mentor : Richard Branson LIFE MOTTO : “ I don ’ t know how now , but I will when I ’ m done ” Dr Seuss
8 DECEMBER 2022 / JANUARY 2023 SA Real Estate Investor Magazine