Episode 69: The A to Z on buying properties at auction

In this week's podcast episode we talk to Lesetja Toona, a property investor and founder of Lenayatla Property Solutions, about buying properties at auction.

 

You’re in for such a treat in this episode because Lesetja takes us on a real-life online property auction and allows us to see how he bids for properties and at the end of the auction walks us through the deal he was bidding and explains to us what his cap at the auction was and walks us through the numbers so we get a better understanding what makes a deal a good deal at auction.

 

He also talks to us about things we should know when going to buy a property at auction and why it’s important to be self-aware and understand yourself and to read the room.

 

He also shares some of the investment mistakes he made because he didn’t have enough education in property and how that has him focusing on a multilet strategy.

 

This is another incredible episode. 

 

Click play and leave us a comment in the comments section below.

 

A book that inspired Lesetja: “David and Goliath by Malcolm Gladwell

 

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