Real Estate Investor Magazine South Africa October 2015 | Page 10
INVESTOR INTELLIGENCE
The Property
Coach
Real Estate Investor Magazine
coaches The Sharks rugby team to invest in real estate!
R
eal Estate Investor Magazine (REIM)
is South Africa’s premier real estate
information source, experts and educators
of how to invest into passive income generating
residential, commercial and offshore investment
properties. REIM partnered with The Sharks rugby
management to educate and coach the senior and
junior Sharks rugby players on financial fitness and
property education class called ‘The Sharks Impact
Programme.’
The goal of the programme is to teach players
how to manage their personal finances wisely, build
their income, source credit, protect their assets
and invest for their future now so that when their
rugby careers end they are set up with a new source
of direct passive income mainly from property
investment. Player and manager Jacques Botes
and biokineticist Jimmy Wright led The Sharks
financial training initiative with REIM founder
and property coach Neale Petersen.
‘Rugby players have busy careers and many don’t
have time to educate themselves on how to invest
the fruits of their highly paid careers’ says Wright.
Most top rugby professionals are highly successful
in their careers and are well paid sportsman but tend
to lose their wealth due to following bad advice on
8
OCTOBER 2015 SA Real Estate Investor
get rich schemes, developing bad financial habits,
submitting to financial predators and general poor
choices. Rugby is similar to a high paid job, which
does not always translate into long-term wealth.
Botes says, ‘Players have around an 8 to 12 year
window to earn big but not all are taught how to
hold onto their wealth after their careers come to
an end when they face the real world.’
The players learnt new ideas on both successful
investment principles plus were exposed to some
of the investment failures. Some of the principles
include how to invest wisely, set financial goals, use
your psychology when investing, analyse a property
both physically and numerically, find an investment
property as well as step-by-step guides on investing
and managing your investments.
The players were also taught the fundamentals
of seeking proper asset allocation, getting smart
financing, using leverage, asset protection and smart
asset management. Many of the established senior
players said they were excited by the prospects of
building their wealth in real estate while some of
the longer serving players have already become
successful investors in their own right through
acting on their strategies. Click on the link to see
some of the video highlights of the training.
www.reimag.co.za