Real Estate Investor Magazine South Africa Dec/Jan 2016/17 | Page 45

refurbishment. The deal worked really well financially.
When I completed the refurbishment work I was able
to refinance to another lender and release most of my
initial funds so that I could invest in another deal.
The property cash flowed well at approximately £150
per month.
The biggest learning on this project was finding a
cheaper damp proofing contr