Real Estate Investor Magazine South Africa November 2013 | Page 26

MY STORY BY ANGIE REDMOND Education Is Priceless It paves the way for your future, just ask Themba THEMBA’S TOP 9 INVESTMENT TIPS FOR YOU 1 Have no fear and know that fear stands for: false evidence appearing real. 2 T hemba Ntanzi is a professional electrical e n g i n e e r, r e g i s t e r e d w i t h t h e Engineering Council of South Africa. Themba’s life motto from the great poet and writer, Kalidasa, is as positive as his property investment mindset: “Yesterday is but a dream and tomorrow is only a vision, but today well-lived makes every yesterday a dream of happiness, and every tomorrow a vision of hope”. He is an avid property investor and a true tale of how education can really change your life. Themba grew up in a village called KwaDlangezwa; he stayed with his grandparents who had stopped working as early as 1975. Themba’s grandfather was a shoemaker and his grandmother was a tailor who also rented out her backrooms to university students and school teachers. “My investment and property journey started at an early age but my grandparents did this at a smaller scale,” recalls Themba. When Themba got to university the first book he bought was the Fortune Strategy which was advertised in the Sunday Times, he also joined the Sunday Times Money Club to learn from guys like David Shapiro and David Bullard. Themba says, “The book that changed my life and the way I saw things at the time was the 24 November 2013 SA Real Estate Investor book titled Money Success and You by John Kehoe. This book had a challenge that read ‘If money was not an issue what would you like to have” I wrote ten things that I would have liked to have at the time. A year later the Sunday Times ran a competition called “dream a new life”. Every prize that was listed in the newspaper matched what I had written in my notebook.” After several weeks of participation, Themba did indeed win the competition and those winnings were the springboard for his first foray into property investment. “I used my winnings to buy my first two properties cash. I was doing my third year and going to my final year when I won this competition. I had my first two properties while I was still at varsity. These are properties that helped me learn the property business,” says Themba. Themba began his professional career in Johannesburg, and while there he saw an ad for a P3 Investment Group presentation for the public to educate them on property investment. “I attended the presentation and I joined the club immediately. From 2005 I have been a coachable and growing student of property. In 2009 I felt that I had enough that I could also share my knowledge with others. P3 gave me a chance to become the club’s part time representative. I Stay around people who are achieving the results you also want 3 Have a clear plan of action of what you want to do 4 Avoid analysis paralysis. Most people tend to plan forever without action. 5 Don’t give up! One day I went to the bank 5 times and my request was declined 4 times but on the 5th time it was approved on the same day. 6 Don’t play low. Once your foundations are set, take on bigger deals and never stop reading really good books and attending wealth creation workshops. 7 Invest or save 10% of your gross income and also tithe in your local church. If you don’t believe in tithing you can give to charity. You will be amazed how your financial situations change. 8 Have faith and you don’t need much - but just a mustard seed size of faith to move or take on bigger deals. 9 Understand the tax system or have your own tax advisor. Understanding the basics in tax makes a huge difference in how you structure your investments. www.reimag.co.za