Sydney Man Buys SIX Investment Properties in 18 MONTHS! His Strategy Case Study! 😮 

Thanks!

Thanks Kevin

Glad you enjoyed it

Thanks for the feedback and listening @m_j_roscoe2174.

​@@RB-pf1ht how can we contact you ? Thanks Both.

@@Id.ishaduhan i am on facebook group as Richard richard

Thanks mate 🙏🏼

Thanks Stugots. Hope you enjoy the conversation.

You can join the fb group - Richard is tagged - and ask him directly ☺️

people who have high income, he is a businessman so he can service the loan

Thanks for sharing. Playing within the rules.

I would argue opposite. Private investors are the ones building houses so we need more rich private investors. This guy could very likely increase the amount of homes available to be lived in by families in the future.

@@huntster4000 the govt certainly ain’t building many

@@huntster4000 ok but you've adorned this story with details that aren't real. No houses were constructed, and apparently 6 were taken off the market in the space of 18 months. To those who argue "don't hate the player, hate the game" - yes, that is a valid point, but if you're asking for a pat on the back for exploiting a system that disproportionately disadvantages people who are less fortunate, then expect the full range of justifiable feedback.

@@ChrithBraown Think long term People that generate their wealth using real estate using pks strategies tend to end up with a lot of developable land and they also have the equity from the growth and the cash flow from rents to afford developing and actually increasing liveable properties for families and people in general.

Why will rents drop? And why would you not have buffers?

I live in Perth and it has a cycle of boom and bust where all the mining projects finish then there is a stagnant period where no one has jobs for 7 years - lots leave Perth as they have to. My rental for example is only the same rent now as it was in 2013, between now and then rents dropped from 650 to 400 a week and everything outside an 8km zone from the CBD dropped in price massively. I can see that happening in about 4-5 years time. @@AusPropertyMasteryWithPK

@martyncoates6035 Buy in an area where the demand for rentals far exceeds the supply. This way rental unlikely to drop at least in a short-medium term. Build a buffer and don't overly leverage..

Are you referring to Richard?

I am engineer (project management) by trades but have retired from that job now :)

consultingbypk.com.au/