16-Year-Old Builds Apartments for His Real Estate Business, TikTok Video Inspires SA

• A TikTok video of a hardworking young boy left people amazed by his efforts to start making a passive income
• The teen TikTok creator showed people how he is focusing on his future despite still being in high school
• Many people were in awe of the youngster who secured himself a valuable investment by making a few sacrifices
• Financial advisor Andrea Carr shared some investment tips for young people even while on a budget

A TikTok video by a young boy making business moves went viral. The teenager showed people his long-term plan to make money.

The video of the young boy's progress with rental rooms received more than 40,000 likes. Many people commented on the video gushing over his progress in real estate.

Teen gets started in real estate

A TikTok video by @theyluvv.sn3ke, shows a 16-year-old boy's building progress of apartment buildings. He told viewers that he managed to get started with the rental rooms by selling his car, saving his monthly allowance and using the money he got for his 16th birthday from his parents. Watch the video below:

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Teen owns student accommodation

Briefly News reported on another teen, Londeka Sibiya, who entered the real estate industry. She focused on providing housing for students to create an income stream for herself.

Londeka shared that she was able to invest in the student accommodation property after putting her bursary money aside. The young lady revamped a house she bought in Richards Bay and many were impressed by the business-savvy move.

Finance expert Andrea Carr told Briefly News that choosing between property or stock market investment should depend on your lifestyle. She said:

"Investment for young South Africans depends on your financial goals, risk appetite, and long-term strategy. Both options have pros and cons — it’s really about what works best for your lifestyle and vision for the future."

Andrea Carr said shares are a more accessible option because you can start with as little as R500 on a platform such as Easy Equities. Property requires a lot more money to start. Carr highlighted to Briefly News that shares are more risky because the market will change often, while property feels safer because it is a tangible asset. Risk in property comes in the form of tenant issues, maintenance and the property market.

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The financial advisor said using both shares and property to build generational wealth would be wise. Carr said:

"Start small with shares now to build capital and learn how investing works. Once you’re financially stable and ready to commit, consider property for long-term wealth."

SA impressed by teen's rental rooms

Many people thought the teenager was hardworking. Online users congratulated the young boy for making progress with his apartments. In another video, the teenager showed that he would put on his overalls to be more hands-on with his building project. He got involved while builders worked on the construction site by hauling building materials in a wheelbarrow. Read comments from impressed online users:

PK☆ Smaĺl asked:

"Where did you get your capital?"

theyluvv.Sneke the TikToker replied:

"I sold my car, saved my monthly allowance and 16th Birthday cash present from my parents."

jah_khie🦋angel🍫 commented:

"Blessings🥰we are here suffering but I pray one day I be like you 🙏"

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𝕭𝖑𝖆𝖈𝖐_𝕰. 𝕽𝖆𝖍 was impressed:

"Parents who believe in you. You're very blessed."

Bloom with Grace🤍 cheered:

"This is impressive! Congratulations 💐🤍"

mphixanehenry15 added:

"I am inspired."

4 Briefly News stories about young adults in business

• A student started his business by making the most of his NSFAS allowance which proved useful for his income.
• One 20-year-old showed a TikTok video of the rental rooms that she built and her effort left many people motivated.
• Online users were in awe of a young lady who started her business with a few thousand rands to her name.
• Two young love birds proved that they make a great team when they established a business worth millions of rands.

Source: Briefly News