Awesome. Buy undervalue (possible, I’ve done it many times usually by buying privately or buying a problem then fixing it) add value (at the start by sweat equity...as time goes by and position allows then pay professionals - mind you at a discounted rate - use apprentices or young qualified trades willing to work after work/weekends) revalue - have a good relationship with mortgage brokers/business bankers or if lending is tough consider mezzanine/ second tier. Take some educated, calculated risks and reap the rewards... and repeat!!! I’ve learnt a lot from Nathan over the years mainly from these videos. Thanks and happy investing everyone
i love this video. Nathan, I like how humble you've remained through the years. Looking to follow in your footsteps here in Los Angeles. Bravo man, you inspire me!
one of nathan's strategies that always talk about is to be able to buy below the market value. frankly speaking, i tried before and it is not always achievable and even if it is, we are only talking about a slight discount to the market like 2-3% below the market value. it is almost impossible to buy way below. perhaps i need to be his client in order to obtain that kind of a discount. however, his other strategy of getting a good cash flow for the property. i totally agree and none of my properties gross yields less than 5.8%. anyway, he is a good mentor and i learn quite a bit from him.
+albert fong I was wondering about that below market value thing.. I have been looking and it seems impossible. I do have a question for you mate, what does this mean "none of my properties gross yields less than 5.8%"?
Truly inspirational Nathan, thank you. I have been following you close to a year now and about to turn 19 next month and hopefully can pump out my first property at the end of next year, but I also would love to be your client because the information you offer is great and can be a true pathway to success. The only issue is money because this past year has been a roller-coaster and I need some structure. Nathan my question is did you have a budget or some sort of financial plan that saves a lot of money for people in my situation and are at my age 18-19. If anyone has any input or advice plz reply thanks
Love it. Thanks for the inspiration and I’m doing the same, But sad reality is most people will still get up and go to work for $500 a week for the rest of their lives.
The people that want to make a difference in their lives can and will. Like they tell you in the safety demonstration on planes, always put your own oxygen mask on before you help others put theirs on. The same kind of applies here - make sure you are getting everything in place for yourself to be able to ride the wave/weather the storm etc before you worry about others.
Hi Nathan, can u please give me tips and tricks for developement and subdivision in NSW, particularly in blackown council area. I want to know as much as i can before i turn 18 in 6 years so i can buy my first investment, leading into heaps more. A reply would be very appreciated
MAKING A PROPERTY PORFOLIO OF MILLIONS Step 1: Get a time machine and go back 10 years when earnings were not much different and banks lent alot of money. buy a shit load of houses. Step 2: Rent the houses out and wait 10 years for houses to go from 150k to 600k+ there you have it, very simply. now just get a fucking time machine.
I think around the 20 minute mark with doing painting one's self, only applies to those with spare time...not everyone can go to work and crank the hours, rake in the money then just pay everyone to do everything...especially when starting out. Disagree? Go get a quote from a builder to reno, that shit aint cheap.
Costs can be cut dramatically with doing everything yourself...the trick is, obviously don't take time off work to do renos, don't be a lazy fk and actually do stuff before and after your day job, weekends etc...the difference between poverty and wealth is work. Hard work. Simple as that.
Scratch the surface as in you never go into the process of how you achieves things speicfiaclly and what your thoughts were when you made certain decisions. Regardless Ill follow the things you post and say and hope the value of houses dont go up too much here in good ol adelaide
It doesn't work like that. You cant purchase below market value since the only purchase you can make is at market value. He probably found out who actually sells you the house, as he had 6 months experience in real estate and he tipped off the seller for like 3-5k. As the commission is like 3-4% or the commission is what the boss gives you. Anyways, I know what I'm doing, its an easy concept but you have to work incredibly hard.
I haven't even watched this video but I can tell how you got where you are. You were the one who came up with this formula, and as you did it early you flew under the radar. I mean who really cares if an 18 yo guy buys houses. But you did it right. All these video, you literally dont say much, just scratching the surface. You are right. This is not easy and it takes time. And you did everything correctly. Now you aren't a dero but I can 100% tell that you are on good terms with every single tenant you had who lived in those areas, because you are one of them, except smarter. Well done. But the way you speak in your older videos and the people you took videos of to say things such as them buying 4 properties under $200k seems suss, only because the people in the videos dont look very intelligent. You are hiding the intelligence youve got. You are not smart, in terms of education, you are street smart. And I have a lot of respect for that. You did the right thing at the right time. The only way you could buy more properties is if you have connections nowadays because the videos you post, attracts a lot of people meaning everyone is trying buy everything up. Youve got nothing to worry about thats why you present like no one else has anything to worry about. Youve got a massive portfolio, probably millions saved up in your bank account, youve got life set. If this was easy everyone would be rich. Well done Nathan. I have mad respect for the things youve done and how you achieved it, and I love how easy you make this seem, gives more people like you and me properties to snatch up. You said you did hours of research where as the people watching probably go on realestate.com.au twice a week. I legit cannot admire you more. I just hope the market doesnt fuck itself when I do all these. Good luck in future, see you soon as a potential partner!!!
I too am a property investor, but your use of the word 'own' 170 plus properties - is a concern for me and for anyone else viewing your videos. Maybe you should be using the word "acquired" or "servicing" such a number of properties as I doubt you have clear title on all of them. The numbers you throw around can be misleading in my opinion. Real wealth is what $$$$ you have left over after paying off your debt. So how many properties do you really own and what are you really worth is the question for me. I've come across people like yourself that keep purchasing and leveraging with the little equity they have in their property and are 'financed up to the eyeballs'. This can be extremely risky, especially if the market turns. A financial position I refer to as a 'house of cards' - pardon the pun!
Also you do really scratch the surface, you keep saying the same thing all over again, which people who are 'bullshit' wont pick up. Good job haha! I would do the same
Have you tired turning the volume up? I don't think the issue here is the quality of audio, I think it's you inability to navigate a volume button. The good news however, is you're clearly able to use UA-cam, there should be plenty of video on how to increase your volume on this very platform. ;)
@@PatrickGuerrisi They like the property but with out the work unfortunately that not how the game is played The people that were Doing the lottery 25 years ago are still waiting for the big numbers and luck Nathan is not waiting around for luck he’s making his own success and the very best of what life opportunities go too him
Well done Nathan, great to have you on board with utilising our products with your recent project! Keep up the great work!
Awesome. Buy undervalue (possible, I’ve done it many times usually by buying privately or buying a problem then fixing it) add value (at the start by sweat equity...as time goes by and position allows then pay professionals - mind you at a discounted rate - use apprentices or young qualified trades willing to work after work/weekends) revalue - have a good relationship with mortgage brokers/business bankers or if lending is tough consider mezzanine/ second tier. Take some educated, calculated risks and reap the rewards... and repeat!!! I’ve learnt a lot from Nathan over the years mainly from these videos. Thanks and happy investing everyone
Thanks for your kind words Matt, really appreciate it mate. :)
i love this video. Nathan, I like how humble you've remained through the years. Looking to follow in your footsteps here in Los Angeles. Bravo man, you inspire me!
Edwin G and
i admire and respect what you've achieved a lot. I am looking to do the same. thanks for sharing your journey and content
This is fantastic! Just what I needed to hear. Cheers for the content.
I've learned so much. Great interview Nathan!
one of nathan's strategies that always talk about is to be able to buy below the market value. frankly speaking, i tried before and it is not always achievable and even if it is, we are only talking about a slight discount to the market like 2-3% below the market value. it is almost impossible to buy way below. perhaps i need to be his client in order to obtain that kind of a discount. however, his other strategy of getting a good cash flow for the property. i totally agree and none of my properties gross yields less than 5.8%. anyway, he is a good mentor and i learn quite a bit from him.
+albert fong I was wondering about that below market value thing.. I have been looking and it seems impossible.
I do have a question for you mate, what does this mean "none of my properties gross yields less than 5.8%"?
hi, i meant my properties are earning about 6-7% in of return as rental income?
as rental income
albert fong just give up and be poor then. lol
I'm wondering how to secure loan. As bank seems not keen to lend after I have more than 10 positive geared properties. 😣
Truly inspirational Nathan, thank you. I have been following you close to a year now and about to turn 19 next month and hopefully can pump out my first property at the end of next year, but I also would love to be your client because the information you offer is great and can be a true pathway to success. The only issue is money because this past year has been a roller-coaster and I need some structure. Nathan my question is did you have a budget or some sort of financial plan that saves a lot of money for people in my situation and are at my age 18-19. If anyone has any input or advice plz reply thanks
Thanks for doing this video, Nathan.
Thank you thank you for inspiring me to want more from my life.
Your life is what you choose to make it. Your only limit is your mindset. So go out there and take control over it!
Love it. Thanks for the inspiration and I’m doing the same, But sad reality is most people will still get up and go to work for $500 a week for the rest of their lives.
The people that want to make a difference in their lives can and will. Like they tell you in the safety demonstration on planes, always put your own oxygen mask on before you help others put theirs on. The same kind of applies here - make sure you are getting everything in place for yourself to be able to ride the wave/weather the storm etc before you worry about others.
Very good interview very informative and inspirational
Glad you enjoyed it! Please let us know if there are any topics you would like to see Nathan cover
My favourite Binvested video on UA-cam. love it
Hi Nathan, can u please give me tips and tricks for developement and subdivision in NSW, particularly in blackown council area. I want to know as much as i can before i turn 18 in 6 years so i can buy my first investment, leading into heaps more. A reply would be very appreciated
MAKING A PROPERTY PORFOLIO OF MILLIONS
Step 1: Get a time machine and go back 10 years when earnings were not much different and banks lent alot of money. buy a shit load of houses.
Step 2: Rent the houses out and wait 10 years for houses to go from 150k to 600k+ there you have it, very simply. now just get a fucking time machine.
blake Wallace start now
bet you wished you started buying when you posted this now eh mate? Time machine was sitting right in your lap when you posted this
I wonder what Nathan’s net income is now? after 8 years. Is it 10M?
I think around the 20 minute mark with doing painting one's self, only applies to those with spare time...not everyone can go to work and crank the hours, rake in the money then just pay everyone to do everything...especially when starting out. Disagree? Go get a quote from a builder to reno, that shit aint cheap.
Costs can be cut dramatically with doing everything yourself...the trick is, obviously don't take time off work to do renos, don't be a lazy fk and actually do stuff before and after your day job, weekends etc...the difference between poverty and wealth is work. Hard work. Simple as that.
You can not do it now in the UK Lots of new taxes and lending is tight
No Section 24
dislexic landlord
Treating shelter as a mere casino chip!
Not quite, I don't think you have fully grasped the concept of what we do. I am happy to answer any questions you may have ...
Just another pyramid scheme. Works for as long as people keep on getting sucked in.
Then you definitely don't understand what we do. I can get someone to go through it with you if you would like?
Scratch the surface as in you never go into the process of how you achieves things speicfiaclly and what your thoughts were when you made certain decisions. Regardless Ill follow the things you post and say and hope the value of houses dont go up too much here in good ol adelaide
It doesn't work like that. You cant purchase below market value since the only purchase you can make is at market value. He probably found out who actually sells you the house, as he had 6 months experience in real estate and he tipped off the seller for like 3-5k. As the commission is like 3-4% or the commission is what the boss gives you. Anyways, I know what I'm doing, its an easy concept but you have to work incredibly hard.
I haven't even watched this video but I can tell how you got where you are. You were the one who came up with this formula, and as you did it early you flew under the radar. I mean who really cares if an 18 yo guy buys houses. But you did it right. All these video, you literally dont say much, just scratching the surface. You are right. This is not easy and it takes time. And you did everything correctly. Now you aren't a dero but I can 100% tell that you are on good terms with every single tenant you had who lived in those areas, because you are one of them, except smarter. Well done. But the way you speak in your older videos and the people you took videos of to say things such as them buying 4 properties under $200k seems suss, only because the people in the videos dont look very intelligent. You are hiding the intelligence youve got. You are not smart, in terms of education, you are street smart. And I have a lot of respect for that. You did the right thing at the right time. The only way you could buy more properties is if you have connections nowadays because the videos you post, attracts a lot of people meaning everyone is trying buy everything up. Youve got nothing to worry about thats why you present like no one else has anything to worry about. Youve got a massive portfolio, probably millions saved up in your bank account, youve got life set. If this was easy everyone would be rich. Well done Nathan. I have mad respect for the things youve done and how you achieved it, and I love how easy you make this seem, gives more people like you and me properties to snatch up. You said you did hours of research where as the people watching probably go on realestate.com.au twice a week. I legit cannot admire you more. I just hope the market doesnt fuck itself when I do all these. Good luck in future, see you soon as a potential partner!!!
I too am a property investor, but your use of the word 'own' 170 plus properties - is a concern for me and for anyone else viewing your videos. Maybe you should be using the word "acquired" or "servicing" such a number of properties as I doubt you have clear title on all of them. The numbers you throw around can be misleading in my opinion. Real wealth is what $$$$ you have left over after paying off your debt. So how many properties do you really own and what are you really worth is the question for me. I've come across people like yourself that keep purchasing and leveraging with the little equity they have in their property and are 'financed up to the eyeballs'. This can be extremely risky, especially if the market turns. A financial position I refer to as a 'house of cards' - pardon the pun!
Hi Chris, the portfolio is worth $50M, the net worth of that is $30M so they debt is actually is the smaller proportion.
How does the bank keep on lending him money he never tells us . He just keeps on repeating the same thing over and over
He's told you multiple times Peter ... we have multiple resources on how you can grow your portfolio, including the finance aspect.
Also you do really scratch the surface, you keep saying the same thing all over again, which people who are 'bullshit' wont pick up. Good job haha! I would do the same
Why is he whispering??
Have you tired turning the volume up? I don't think the issue here is the quality of audio, I think it's you inability to navigate a volume button. The good news however, is you're clearly able to use UA-cam, there should be plenty of video on how to increase your volume on this very platform. ;)
Invest in Real Assets...!
Forget about Bonds & Shares...!
Speak Up! blah,blah don't get it
lol! what a joke
It really isn't.
Another negative person that just whinges and say it cant be done
@@PatrickGuerrisi They like the property but with out the work unfortunately that not how the game is played The people that were Doing the lottery 25 years ago are still waiting for the big numbers and luck Nathan is not waiting around for luck he’s making his own success and the very best of what life opportunities go too him