Milosevic recently held a free property workshop at the Southern Sun Cape Sun Hotel in Cape Town. One thing you have to know about these free workshops: 11 times out of 10 it’s a teaser event to get you to come to a paid event. They issue a few juicy tidbits of information and the rest of the questions you’re now dying to ask? Well, you’ll have to fork out some cash to get your answers.
But if you go in with some common sense, you can pick up a few things. Like all the right questions to ask. But first, some juicy tidbits. Milosevic, originally from Serbia but married to a South African woman, admitted that he first got into the property game the way most new people do: a rental property (in Pretoria). But he had a bad tenant and he lost a significant amount of money getting him out (the law always favours the tenant, apparently).
Then he spoke to some seasoned investors and discovered that flipping properties was the fastest way to amount some capital – and the best part? In some cases, it requires zero money down.