NZ Property Podcast EP 45

Mark interviews Nathan Birch who recently featured in last weeks NZ stuff online as owning 170 properties at the young age of 30. A real achievement!   Podcast: Play in new window | Download Nathan Birch founder of Binvested  has a whopping 170 plus property portfolio! By researching the market and analysing thousands of deals Nathan Birch has developed a knack for scoring bargains. He made his first purchase at the young age 18, with just enough rent to cover his interest-only mortgage. He then strategically used equity to build his portfolio into 14 properties in 2009 making $30,000 passive income a year and able to retire his day job at age 24 to focus on property investing full-time. Nathan has been adding 20 to 30 properties to his portfolio every year since.   His passion, drive and his thirst has made him into the successful property investor he is today.   NATHAN’S INVESTING TIPS: ● Always buy below market value. This means you’re winning from the get go ● Make sure there is potential for growth. Don’t buy something because it’s cheap and has good cashflow if there is no room for it to increase in value (because of location or other reasons) ● Make sure the property is neutral or positively geared (when the rent covers mortgage repayments and costs). This ensures good cash flow ● Don’t get emotional about investment properties in the same way you would with a home you live in. Keeping a logical mindset is key. ● Get advice — talk to people who have done what you want to do. I built my portfolio by only listening to people who had already achieved what I wanted to achieve.        Listen to how Nathan Birch grew his 170 plus portfolio and how he has helped others invest strategically making them successful property portfolios.    Feel free to book an appointment with me to discuss by calling 09 5227963 or emailing us at [email protected]