 The most important thing for a young person, there are many business ideas that they can come up with. One of them could be property. I'll say to them, do your own research. Learn as much as possible. Try to find out if the market is not overpopulated. You will think there are beds that people still need but once you get in there you will find no, the market is full already. Good evening and welcome back to the first time home by a show. As you heard tonight we're talking to a super fan who's got an extensive information from our private property podcast as well as doing his own and he's taken that leap of faith and invested in student accommodation. That's Sammy Moringa. I'm sure you've seen him before on the screens on our other podcast and tonight I finally get to sit down and chat and talk to him about his story into property but before that of course you know we've got amazing content coming to your screen live every weekday this week. We've got salmon to guacamole with the private property podcast that's live at 7 p.m. every Monday to Friday evening and of course if you're interested in agriculture and farming we've got him Bali on your screens every Tuesday and Thursday at 8 p.m. and without further ado Chad Vavuros travels in Zanzi, looks at mansions, townhouses, apartments all over Johannesburg and that's every Monday and Friday evening at 8 p.m. without further do I come to your screens every Wednesday night at 8 p.m. and tonight Sammy Moringa is with us absolutely excited for the show. Let's dive into it. Good evening Sammy how are you? Good and you? Good thank you so much Sammy. Before we even jump into your property journey you of course you watch all the shows and I'm absolutely excited. I think we are now sitting on 300. Yeah on Zama show almost 350 actually and first time home buyers growing slowly hopefully we reach 100 soon so I like I like that you always you know interacting with our shows and I'm sure you've learned a lot but I'd like to end off the show with that you know some of the lessons you've learned with our private property podcast before that Sammy tell us a little bit about you you know you're always on the shows you played the game show the other a few weeks ago but we've never actually known who Sammy is. Okay Sammy it's a young man born in Mokopane in Mahuilering yeah my mom passed away around 1999 December then we buried her I moved to my aunt in Marble Hall then you know due to some challenges I wanted to achieve because of I've always seen my mom used to do good in business and everything then I decided I need to come to Pretoria no I started as a taxi driver first I wouldn't like to you yeah but I was driving like my own taxes from there then I met my beautiful wife after meeting her then that's why she inspired me to achieve more with what she has achieved understanding her background then we started working together with many things we bought a first property in Sushanguvi but it's we sold it now we sold it because when we moved to Philippine after sealing the property then you know the up and downs the work not finding work you know sometimes growing up is not a little bit easy trying to get one two three going then but with the property of Philip Nell when we first saw it because she's the one that saw the property then I thought it was an achievement for ourselves to be in Philip Nell next to town seven minutes eight minutes drive it's a university next to it I was even thinking about my daughters they will just walk to school and stuff like that not thinking that one day we'll talk property but here we are today here we are today I like that and you know one thing I always promote and talk about and one thing I learn that's a common thread in a lot of the stories from some of my guests is the support you know and you spoke so proudly about your wife being there supporting you through this journey educating you as well you know you always need that some that person who's going to push you to achieve and sometimes in life you know bad things need to happen in order for us to realize no I now now need to achieve something different for my own family yes you are right there you know you know life is a journey we as a young people of this country we're allowed to make mistakes by then I was young even though I don't want to reveal my age now I was young then we were allowed to make mistakes but don't make mistakes that will cost you make mistakes that will educate you we know we want to have fun we want to go out we want to drive to Cape Town to heaven to do whatever to one two three make sure you experience such because that's how life is then make mistakes but make mistakes that you'll be learning from don't just go out there because while you are growing up you are seeing people that they made their own mistakes and some they can recover from that then try to avoid such exactly as an individual and one thing I've also learned especially in this industry is when you make a mistake try not to make the same mistake that you know that's kind of the point because you need to learn from them and it's so important to learn from them then yes there's a lot that we're still gonna talk about I know yeah I think yeah yeah let's we'll get there I want to find out I know that you said you know you got into property Filip Nal and all of those things happen but what else informed your decision to take that leap of faith into property you know I was driving from home I think I went to visit my aunt then I was driving from home then I saw another property in Sushanguvi it's not far also from the University of Technology then what I did I got interested in then we drove you know agents called the agent we met when we got there there were some stories you know some stories for me to be able to not view the property then she just made a one phone call and they found another property that I said okay let's go and view it I think it was it was like even three minutes drive from there we went to see it immediately when we got there I was impressed with the property then but I had no idea then about properties right I had no idea about properties then but I thought I can make it with the little money that I was trying to save because the most important thing before you get into certain things the money that you are saving for renovation and stuff like that it will assist you more but if you buy new developments then it's an advantage for you yeah it's an advantage for you then yeah you'll make it easier I like how you say the most important thing is to save and you know we deal with a lot of people around us currently who are struggling to save what would you say besides saving another important point or a lifestyle change that we need to take on to become a property investor what else would you say we need to think about I think to think about you know with property what I've learned it's you need to start practicing it like following people that are into property looking for mentors I think you want once I interviewed Mr Witness Mdaga yes it's one of the people that I look up to yeah in the lockdown eras you remember 18 months 19 months ago he was every day on Facebook trying to educate people telling people that there is something that you can achieve yeah because he saw that people were not busy with one two three then he could get attention of some of us yeah to say it's something that we called you can invest into property and it went very good for many of of us around the country because I think he went from maybe 2000 followers to like 36 000 followers in in less than six months because people were taking advice from him he ended up writing a book uh that book it's on his Facebook page with Mr Mdaga you can follow him you'll get so much information about what we learned from there because I wanted to find out you keep saying when you started your property journey that you didn't know enough yet and I wanted to find out what were your sources how did you teach yourself how to be a better property investor how to be a smart you know I teached myself very hard because uh what happened we decided we were moving we want to move from philippine then we started looking around looking for a house we got one after getting one then we had to start with the renovations immediately right because you know the processes of the house even though it was a little bit longer but we know it was gonna happen the renovations I think I shared with you the pictures for my renovations how they they went through you know looking for a contractor to come and do that with no experiences I thought I was having enough budget yeah 30 000 or 35 000 but overnight that money within a week or two it was all gone wow because the escalation cost because it's something that we are not experienced in and I think normally you guys going to speak on the shows that get a professional that they can even if they are not going to give you a quotation that is 100 percent but it will go to 90 95 or they can even add 20 percent more onto their quotation so that you don't you don't overspend but yeah that's that's the less the hard lesson that I learned because you just keep on going to the hardware stores and buying stuff but yeah because of the determination on wanting to achieve that and the little bit that I saved I think that's where now the assistant came from for me to achieve the end goal exactly and you know I know that you said you were close to a lot of universities especially so you were you I think that that's a little bit for me I think it's a good student accommodation is is a path I've always wanted to take myself why did you a semi-choose student accommodation particularly you know while I was busy renovating I was thinking of course it's my my area is the area it's an advantage for working people and students the way I do is designed it's designed even if the student are not there I can always take on waking people it's either it's a sharing we've got single rooms where we know that even if somebody's working can come and look for room exactly for a place to stay for a rental because it's like a multi let's they can come in take a room but for now I prefer only students because I don't want to have mixed people in one in one place I'm trying that and even the pandemic has not been great to me yet but I know vaccination is on the card I know by maybe 2020 2023 things would be better yeah I was actually about my next question was how did the pandemic affect you know your property journey it's just been tough you know students they are not around they are learning online and stuff like that but hopefully with the little that we have because we do have those that are they want to be around they didn't want to go home yes at least they are assisting us to to cover for certain things the running cost of the property on its own because it's a cost on its own that you guys you don't know about there's a lot of things that are happening behind the scenes exactly you know you know you know you wake up you go to work coming back from work there's a lot of their sms's there's this there's this that just happened but because of I have somebody who's assisting me but are lucky yeah it's like a caretaker for the proper for for the accommodation then yeah things are easy for me even if I'm not there I cannot be there for like a month it's always gonna be around to sort out all the issues you have someone you trust that's at your property to take care of it if you're not there exactly besides that I think it was going to be a hassle because people don't want to come and view the place of course how will they get in if whenever you are held up into some some others exactly I know that you are strong believe in inspiring the youth and helping the youth you know achieve their goals yes my biggest question especially because we have a lot of young people who watch the show is would you encourage other young people to also take that leap of faith to invest in student accommodation particularly student yes but you know the most important thing for a young person to come up there are many business ideas that they can come up with one of them could be property I'll say to them do your own research that's what is important learn as much as possible so that try to find out if the the the market is not overpopulated right because you will think there are enough you will think these days they are beds that people still need but once you get in there you will find no the market it's it's it's full already you know universities you need to register with this first you need to do this you need to do this and it's not easy to go through that hey like myself I'm running them privately so individually so charging them paying them monthly but it's not an easy exercise also because you know somebody can just give you an SMS to say I'll pay you on the 17th yeah and and and because of they are there you can't say no to them you need to be you need to understand the situations of people it's not like you're working with a company or something like that exactly need to trust that they will pay on the 17th no you need to trust and so that the old no you won't come back and find them gone and you know sometimes as a property investor you need to be patient you need to have goals and you need to just you won't achieve things overnight right that one is not possible you need to be patient patience is and do and I'm still learning a lot from this because I think also understanding the tenants because the good one will leave you they'll come as a different tenant where you will always now needs to be in the property all the time but you also lend them and you show them what kind of a person you are then they will all then they will start doing the things that you want them how how how you want things to happen in your in your yeah you spoke a lot about how the pandemic you know could have affected you and obviously no one expected this pandemic especially for the property market and you spoke about a lot of lessons that you've learned and things that you went through but what was your most important lesson that you learned when investing in student accommodation you know you'll think student will wonder you'll do the building the building will be ready yeah then the student will come viewing the place that's where now you start hearing certain concepts how the student want the place to be they will ask you where's the microwave where is the fridge where is the numb they want to come empty handed they want to come with the luggage yeah they want to find everything there there in the property they don't want you to just give them an empty space but not the empty space but not they need space they just need they need everything ready k-tains everything you know then for me to go out there for shopping for that now for something that I wasn't ready for you know something that I wasn't not even thinking because now I'm thinking I'll just get tenants that they will buy things themselves no and it's extra money that you are not even it's not even budgeted for exactly and you charge you you put an amount for the price that you think then you start looking in your neighbors who are doing the same business as you because also it's competitive business around where where where they are students then you'll need to meet the standard and also the price range needs to be almost the same because people are and you start seeing it now here I'm not making the money that I was thinking because the money will always be there on the spreadsheet but you won't see it here in the bank that's the problem you'll do your budget plan you'll do what you think you're going to receive but then it actually doesn't always turn out that way because of also the pandemic on its own exactly it's a different story but yeah students they are fun working with and you are sure their parents are going to pay it's not like they are not going to pay because they are sending them to school it's not like maybe somebody's working if you don't have money you don't have money of course but the parents when they are home back home they will fight for their kids to pay them and shelter is very important and we always talk about this you know and what mother or father is going to send their child out to go study and not make sure that they don't you have shelter so that's also very important so you're right so I also wanted to find out so you spoke about the biggest lessons learned maybe before you even started your journey I'm sure there were some mistakes a lot of mistakes you know you know what I did I think the biggest mistake that I did was when we started with some of renovations because we had a double garage that we turned into single rooms then we got a contractor where somebody just came in look and look you don't know whether somebody's a professional over there but they will guarantee you that they have done this before two minutes down the line not even the half of the job is not done the man is done the material that is bought is not enough you know then I've learned to like get work with professionals into construction and be involved be involved as much as possible I know it's not easy for them for some people that are working but try to be involved as much as possible so that you can understand where is your money going you can because that's because at the end of the day it's all about the funds that because you'll you'll have an empty shell that is not complete because they will break it down to say we are starting to to to do construction and I was about to ask what your biggest lesson learned from those mistakes were and it's of course to have this powerful team and a trustworthy team right yes there was one guy that it's we worked because because of the pandemic we had time there was one friend of mine that I called in to come and assist me we worked together throughout some of the things I had to start doing them myself paintings is good with her welding I called him in we started doing but Butler doors and everything with him he said no certain things he said no Sam you don't need to hire somebody I'll do this I'll do this and because of seeing him on what he wanted to help me achieve because he saw what other people did to me then it was easy for me now to fall for everything we worked we worked day and night we on Monday to Sunday we were busy painting we're doing this and at the end product I'm telling you it was a wonderful experience yeah and now the results were perfect doesn't it get difficult though because you know not every property journey let's say my my plan is to get into student accommodation and then I do get into a situation where I get the wrong contractor or someone comes and they take my money and they run and then you were lucky enough to be in a position where you could go to your property yourself go paint it go do what you needed to do go everything but now what if I'm in a position where I'm working a nine to five Monday to Friday yeah that's why now that's why you need to get professional yeah advice for me get a professional but it doesn't mean also the professional do make mistakes and they run but get somebody who has been there done that before and maybe even see the work that they've done around differences nowadays we've got websites we've got facebook pages and look for let's say maybe want to do an accommodation going look for somebody who did that before right I think the experience will always make a difference into you achieving your goals earlier you spoke about having a budget plan and having the breakdown and you know writing down maybe your ROI what you think you're going to get and it doesn't always turn out that way no no not at all really that at all let's say maybe for for for for an equipment sake you have 70 000 budget that for the job I think for me with the experience that I've always got have a 20 000 that is sitting extra to come in after the 70 000 is finished because you won't finish the job without that and with the accommodation don't forget the budget it will be for the construction right you still need to have a budget for buying the the furniture after yeah after and let me tell you something it's not a furniture it's not cheap not at all but I used I found out I used a way that it assisted me a lot yeah in in in in searching for for for for like a new second and stuff in the pandemic people were selling things so that they could add other things going yeah then I went in I bought those kind of stuff chairs that have been we were sold online tests that were sold we've been sold online and and fridges that were still in good conditions I've got them then you see now I that's why I my costs were less are there exactly then that's that's the strategy that I used yeah and it worked for me Sam you now sound like you know exactly what students want I know you've been in this long enough to understand yeah I think I know what they want I think what what what my my my my goal one day is to maybe have a a place where we can accommodate if not 50 bits 100 bits yeah I think I can run that that's amazing yeah I think I can run that but yeah I think that's why now you know we haven't talked about the rates in Texas I think those are the most important thing you need to try to use green energy try to put in solar gizzards because the electricity it's a little bit expensive of course and students are always online you know we always need to be online yes as students so you're right yes yes electricity cost is more because they don't forget after this one take a shower in the morning they will want to take a shower in the evening and a Giza is the thing that is gonna chow the most chow the most of the electricity in the house then if you use your solar gizzards and stuff like that then you know your cost are gonna you know you'll have maybe 40 percent less of the amount of the electricity that you had to use right in your properties water you can't run away from it but speak to them that if you take your shower don't sit there like because there are certain things that are I'm paying for because sometimes you will see a bill coming five thousand a month only water then you speak to your people because even at home you tell them even at home if they build like this can come your parents are gonna not be happy with you we see but it's also difficult also responsibilities like telling them to be responsible citizens yeah because we don't we know South Africa is scared you become they fall the way from home you know I mean when are you kids you've got around you become they've got nine kids that you need to run but even if they are working people they will end up being your kids even if they are older than you your tenants become your children but the experience on its own it's something that is out of this world I'm telling you I wanted to ask you a question you know about if I or to people watching at home if they are ready to take that leap of faith into student accommodation so the solid returns that you get so the return on investment okay that's him okay the returns to be honest on the spreadsheet are there but because of the pandemic now of things are not looking very good but I believe it's something that somebody can work around somebody can I think with the pandemic gave us enough time to prepare ourselves for when the schools start going back to normal or at the full-time basis I think we're gonna be ready for them to say the accommodation is there everything is there because you know when you do your calculations you when you do your taxes your waters in electricity and whatever the costs that are gonna be involved you see the returns are not as bad because it's like a multilets yeah imagine if you are charging one for an example 900 and you've got around 14 students in your accommodation because the rooms are big and stuff like that some they are going for sharing some they don't like sharing then we charge them for single but your their returns will always be there I wouldn't like to do it's better than and you know one thing I like even if one student can move you know by month and you'll have another you know not exactly that you'll still have let's say maybe you had you had 10 students you'll have nine that will pay you always it's not like when you have a single house where it is rented by a single person yeah then if they leave you yeah for three months you'll you'll you'll you'll struggle for three months let's say maybe you are spending an installment for like four five thousand imagine you are paying four five thousand plus the thing that people they don't budget for the reason taxes yeah and the reason taxes now at this rate you saw how electricity went up around 16 percent yeah the water is up now you see and everything went up through the municipalities now we are looking at around maybe raise in Texas around 900 then electricity only you know you see now you need to cover those costs that's very close needs to be involved but don't forget again you don't have a tenant yeah it needs to come from you and I was very important to save whatever money that you are getting it's not like the money you need to just show it exactly but like you're saying if you still have the nine students left you're able to you know let's say your rates and taxes or whatever is five thousand and with the nine students you have left you might only be taking a five hundred or a thousand out of your own pocket because of that one you lost yes and I think yeah you answered my question I feel like student accommodation is definitely not an easier way to go into property but it for me I feel like it's a little safe here also don't forget they don't be maybe one or two months in a year that you won't have students it's like a 10 months business then but now those those two months that it gives you time also to come and do some little bit of renovations here and there exactly you see where what is needed for you to sort out then you'll see everything it's to be ready for you when they come when they come back they will find and you know paints are not expensive man I think even if you can buy five liter of paint you can just fix the mistakes that there are students before they left they they've made you see and be willing to do to do things yourself so that you can also save costs and no people that don't have time then but okay then then have somebody who you trust and I think one thing I've learned is especially you know coming from student accommodation myself living in student accommodation not owning not yet you know coming from that journey myself living in communes living in not necessarily living off campus was what I did right I didn't live at res so I was living in private you know I had landlords like yourself and I think what's so important yes we might only have a small budget of we can only pay 3000 a month but we're so picky you know so if I do see a scratch on the wall or if I do see something I'm going to be like okay I know that it's within my budget but I am sure I can find something but and then I go next door or I go up the road because you're right it's such a it's a competitive market it really is and one of my questions I don't know maybe if you can answer this is what do what would you say are like top locations for student accommodation of course being close to a university is prime is the one location for me I think Jobeck I think the inner city it's next to vets yes I think yeah people can look into that town Pretoria there are a lot of private universities private colleges tvet colleges for government these universities swan University of technology they it's headfield take is they call it take is University of Pretoria this UNISA I think how thing 20 and Johannesburg the city of top locations yeah top locations but I had a kuru leni this this this plans civilian university I think people didn't to start doing research no ways the university gonna be before the prices of the properties next to that university start skyrocketing that's very true so now we need to take that into consideration you need to take that research before yes I think also like why why is this place Guiana I think the you know the College of Guiana so and is taking it over hopefully by 2023 okay by 2023 2024 the year 2020 the university will start taking in students and stuff like that people needs to start looking at that to see if maybe they cannot take advantage of it now by land start building slowly on your own pace exactly and but look at will the university have enough accommodation stuff like that yeah so that it's an it's a business opportunity because we know people now are losing jobs left right and center we need to advise each other on what is the next where is the next payment gonna come from exactly so I like what you said about doing your research and especially a lot of people when they come on to the show they talk about before you and we know location is important before you even invest in a property do your research on the entire location as well right I wanted to find out very important how important do you think it is for the youth to be knowledgeable or to invest in generational wealth and financial freedom you I think it's it's it's very important they the thing is at certain age you feel you you've grown certain things in your life and with the investment that you started earlier they will come in hand in your life because you will find you have me let's say maybe you've got 20,000 30,000 that is saved that maybe you want a property somewhere and that property that you want it needs renovation you see it will come in hand you need to invest you need also to not forget to invest in yourself while you are still young don't say maybe after finishing your university degree or continue studying so that you could equip yourself more yeah you know you know now I normally say to people you want a GTI yes buy a GTI it's it's a must it's where it's your you are growing you must you need that luxury so that you can also experience certain things but when you pay the GTI 8,000 make sure that they set thousand rent or 500 rent that you are saving every month that one day is gonna look after you you'll see the need to have that money one day and many people they don't understand they need because for now yes it's all fun fun fun all night clubs and everything but after a certain time you'll be surprised when some of your PA friends are saying not only I have 250,000 in the bank and when you look at it you can only show us something that is five year old a car it has lost value and just before this just before we even started shooting you spoke about how important it is to save in your 20s and did you start saving in your 20s what happened because I lost my mom at an age I think certain stages I just jumped in to be a parent of course to look after my siblings you see then on on on its own with the little bit that our parents left us it was easy for some other stuff to happen in our lives right then the hardest thing was living home to come into portfolio to starting a different journey that journey when he started it he started like a I was playing right because I said to my aunt I'm going to portfolio now I want to see if I cannot make something out of myself and I got here it wasn't an easy right to be honest it wasn't an easy right but with determination dreams decision making is also important because you can get here and be friend people that they will just want you to go out have fun every day you will find peace jobs here and there but when you do that make sure that the little money that we're having save it so that you can have goals have friends I went I wanted to study one two three then go to school I remember there were some some things that I want to study I want to do this I want to this and at the end of the day those things they played an important role to be where I am today exactly and I think you'll meet friends that also have goals yeah that's where now you start thinking where people are thinking this big then why not why not me exactly then that's where now I think I've grown so much so that yeah come let's make business yeah that's the kind of friends that I want and I like that you said determination it's so important I feel like determination is what we need and I'm sure there are people in their 20s now who were still in a phase where unfortunately we still can't save you know black tax is a thing for us raising our family because we might not you know we've lost the parental figure in the home and this is the life of some people watching the show currently and what's so important is I love that you said and that you were honest that maybe you didn't start saving immediately but it's your circles and your networks and your people around you that start encouraging you and I think that we need to try our utmost best to even if it's just a 500 a month or whatever the case maybe is and I know before the show we spoke about investing in other things which we won't talk about but I mean invest in other things even in the bank just open a 32 days notice put money there something just save something because you know with all these properties that you are talking about people they know because if for those that have been listening to the shows they are extra cost that we need to pay lawyers this much you need to pay this you need to do this before everything before the properties in your name you know and that's a lot of money also that is not budget head for exactly you can't just say you want this property then after some time they said you see an invoice coming from a lawyer 29,000 that is needs to be paid for property and don't forget you are still going to pay the property for the next 20 years and we already lost 29,000 you need to be ready for these things you need to be ready for these things and you know sometimes cutting costs you know there will be some they will tell you there's 4,000 that if you can pay this one cash if it's not included into your monthly installment have that 4,000 that you can pay cash so that it's in a long run the 4,000 plus 7% interest rate by 20 years and don't forget it's 12 months by 20 years it's a lot it's a lot well that 4,000 it can go up to maybe 250,000 you see that's why now it's very important to save so that the cost that you can cut even paying the deposit it will assist you and with that 250,000 you can go buy another property hey don't say that there are properties in inner city like now around 250,000 people must take advantage of those properties 100% they must cost that property if you can look at what the interest rate now you will end up paying around 1500 installment it's crazy it's nothing it's money that you can just go and eat in a night club in a night very true even more sometimes thank you so much semi just before we close off I know that you know we call this the super fan edition where we bring you onto our show and we're very excited I want to find out from you just to close off the show three most important lessons that you've learned from watching all our podcast and how you are encouraging people around you to be who you are or to do what you're doing private property I've learned a lot there's one thing that I've always seen on private property website houses beautiful houses those houses are inspiring yeah sometimes you don't need to drive to these locations to go and see these houses they are just a legal button away to see how people are living yeah people are rich out there look at those prices of those houses and you see a 15,000 15 million rent house you ask yourself is this person gonna bite on installment or bite cash you see it's a motivation it's one of just land don't limit yourself limitless be a limitless person so that this thing can happen to me also one day and you'll be shocked when it happens to you yeah you'll you'll you'll when you get a phone call from the bank to say you ever proved you you'll be like hi but is this you'll even want to pinch yourself to say is it real me that's the first lesson be limitless nothing nothing's gonna stop you number two what I've learned it's you need to work around with people you need to take advices yeah you can don't make decisions alone there are people who know better than you of course and my friend is Google yeah people they don't know that my friend is Google and there are the third the third most important thing that I learned from private property things can just happen for you you know we used smartphones people they don't know that the smartphone is the most powerful tool that was ever given to us yeah all this knowledge I don't know who came up with that but I think that person I think I must just meet the person who came up with this smartphone because everything is right there everything is right there we need to take advantage of it if it wasn't a smartphone we didn't have a show like summer show we didn't have a show like your show yeah we didn't have anything that is depending to us like now information now can just circulate overnight yeah and we need to take advantage of that as people living in in in in a country like this exactly and you can literally you know I know I like how you say Google is your friend but like even on you know the shows you can ask these questions you speaking to professionals you know you are now classified a professional semi in student accommodation because you're yeah imagine you I can just go not imagine you are yeah I'm here you know you're learning lessons every day you're growing in this industry so you know you've given so many other people advice and soon as smartphone I never believed in a smartphone before I want that to you I never believed in a buying smartphone that has so much memories I just thought even if it's 18 gigabytes enough yeah but now the way the just things what you call the updates this this this this YouTube channels this what you need to download this you need you need to have a phone that is gonna assist you so that you can be able to take look the app Facebook yeah today I'm next to you talking to you now so just what a simple thing a smartphone then that's the lesson learned from me to say guys let's take advantage of these things that are being given to us for free and use it and use it grow ourselves like you said our business is whatever the case may be if I need an app for my business I'll go for it I'm telling you yeah thank you so much semi I think that my biggest lesson that I'm taking from here from the show especially talking to you sitting down talking a privilege actually you know is genuinely determination you know looking at where you've come from looking at where you're going I want to close off with my one last question to you is does Sammy's journey stop at student accommodation I mean Sammy's looking at 50 million rent houses so it can't it shows it's not it's not that investing yeah I'm trying to learn how to invest as I just said people needs to take advantage of what is happening now with the smartphones that we're having let's learn how to invest let's put money where it's supposed to be I know people they will say hi now I'll go and buy a bag yes buy a bag but make sure with that bag that you bought save something buy a share buy something yeah do something with your money that one day you know is gonna come in hand for you even if I can pass away then it was a wheel week I think the past week national wheel week where you can just get in anywhere and draft a will for free with those investments that you made make sure that people generations after you can survive through that yeah that's what is happening people that have started businesses that are still on 100 years later you will see somebody will say KFC it's 100 years old yeah meaning that business it has just been there forever and generations of generations and generations it's a legacy for the family of Kentucky fry chicken you see now yeah that's what we need to live and it's a wheel nothing will ever change even if now the business is being franchised but there are realities that have been paid for yeah for the kids exactly they don't even need to go to school they don't but they do but their education we know is the powerful tool exactly so that also they can improve the business of course technologies that are happening now the first industrial revolution let's take advantage of that thank you so much sammy for coming out and joining us on the show thank you and I think the biggest lesson that I'd like to leave us with this evening is definitely determination go out there and leave your legacy take care stay safe we'll see you guys again next week wednesday live at 8 p.m on facebook instagram and youtube take care