it in terms of the liquidators , banks , Home Owners Association ( HOA ), municipalities with arrears on the property plus many vexatious legal battles between different parties .
Gawie spent most of the two years prior to the Bahari Bay deal closure working fulltime on the due diligence , site visits , haggling , negotiating and coercing , wheeling and dealing with attorneys , investors and financiers . While it ticked most of the deal boxes , it still took many twists and turns both up and down for Gawie along the way , it was a long , stressful and arduous process but seeing the incredible site today with it ’ s amazing sea views it was well worth it .
GAWIE ’ S TOP 4 BUSINESS & INVESTMENT TIPS
1 . Find the value in the distressed properties
2 . Invest in knowledge as it can aid you
3 . Have an amazing team around you
4 . Be on the ground and in the arena all the time
He also had a big conundrum in sorting out the water certificates with the district Municipality and after no other alternatives were left on the table , had to force them via an urgent High Court Order to deliver the water certificates which they then did . Eventually on 12 December 2022 Bahari Bay was registered in the deeds office in the name of Tieleo 5 ( Pty ) Ltd .
Bahari Bay has been the most complex but most satisfactory deal for Gawie as it had so many moving parts .
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