Folks...Times are changing. One should NEVER want to carry a mortgage at any lengths and at any time. If one has money left over after a mortgage payment, instead of thinking any kind of investments, apply that money toward reducing your mortgage balance. Why? Because at any given moment, should you ever lose your job for any reason, you're screwed.
Are you not getting what he says? You don't need a job to run this lifestyle, it's about being financially free... When you get to the point where you live of the rent, fuck the job then
If you dont take any risks, you will spend your life paying off your mortgage. Australian house prices have increased considerably over the last 30 years. If you watched from the sidelines and didnt increase your portfolio then you missed out big time.
@@alexc5369 its better to buy an investment property using the banks money and the tenant pays it off until youre ready to sell. Then take the profits and bulk paydown your mortgage or, clear it completely. Its a strategy that works and hasnt cost you anything.
I have equity in my house. It was old building I renovated as I am a builder. I reckon I have around £100,000 equity in the property , how do I buy a second or third house without any deposit . Meaning cash to hand. not including the equity. Or will they allow you to use just the equity as a deposit? ?
Hi Kevin, by the sounds of it you are in the UK, in which case different lending practices probably apply. This sounds like something a good mortgage broker could help you answer. If you are not sure how to spot a good one get some tips here binvested.com.au/how-can-you-find-the-best-home-loan-it-all-starts-with-the-best-broker/
Not true ... capital growth is one of Nathan's 3 key criteria for choosing a good investment property. We source properties in Sydney for our clients that have capital growth - it is possible when you know how. :)
Sorry new to all this and still trying to understand how property investment works. Just a question, if you just bought your first property and planning to buy another one soon (say after 12 months), would it be a good option to put your money on the mortgage of your first property to convert your money savings into equity to increase the equity value of the first property? Then use the equity of your first property via equity loan to buy another property (saying that you have a positive re-evaluation)? Because: 1. Would it be tax deductible if you're investing via equity loan? 2. Would there be more associated tax and higher interest rates if you invest in another property via cash from savings vs. equity converted cash? Please feel free to correct me if I'm wrong or provide some clarification. I would love to learn a lot from you. Cheers :)
Hi Jorge, as with anything in property investment it's not always clear-cut. It depends on the variables in your investment strategy. We would recommend you speak with an investment finance strategist such as Zinger Finance (www.zingerfinance.com.au) as they can go into this in more detail with you. You may also wish to consult a property accountant prior to purchasing your first property, so that they can review whether the property in mind meets your needs, and what things could be done to optimize its cash flow (onepathaccountants.com.au). Generally speaking, many banks would steer you towards using one property as security against another, however, our investors generally favour withdrawing equity as cash to use as a deposit as they have greater freedom of choice when it comes to their next loan. Having the right finance for each stage of your property investment journey is very important, and can affect the speed of acquisition. Here is some further reading you may find interesting binvested.com.au/finance-large-property-portfolio/ and binvested.com.au/how-can-you-find-the-best-home-loan-it-all-starts-with-the-best-broker/
This video is truly misleading. Misleading statement number 1 ; 10% return. Next to no properties sustain 10% growth per year unless you are a wealthy person who can afford to hold a higher growth vs yield property. Those properties do exist ; however to put it in perspective Melbourne which has had the BEST growth over 20 years has a median growth of 8percent. Some years that drops to under 5 percent. There is NO mention of how expensive property is to acquire and the associated fees with that. That 1000 dollars saved would already be spent with the fees associated in investing. Passive income that comes from property can take up to twenty five years to achieve for the “average” mum and dad investor. And even after 25 years if you don’t like having residual debt you may have to sell a property or utilise your super if you didn’t account for this. The truth is investing comes from surplus cash flow. It’s NOT for EVERYONE. Not everyone likes debt or deals with it well. In order to have the ridiculous passive income this guy is stating would require massive amount of debt / leverage that would scare most people senseless. Also it’s completely unnecessary. You have to be able to AFFORD being able to hold these properties and pay for the leverage. That means having a good paying job that’s secure for 25 plus years; investing in property well means being in the market for a long period of time not 2-3 years !! Hence why property is a HIGH RISK investment. Property value will go up absolutely ; but you need to accept having large amounts of debt for most of your life (high risk) and hope by god you can make the payments required to keep your properties If what’s this guy says seem appealing to you ; you don’t know anything and you are being sold. Go get educated
Look at the timestamp. It is now a very different market to what it was when this video was made. Before you start being dramatic, maybe educate yourself. Watch a few more of our videos. Actually learn about us and what we do.
i let a real estate investor borrow money from me to buy a house 2 years ago ,,he was supose to pay me back last month when he sold the house now he is saying that he didnt made enough money to pay me back should i go to a lawer? do you have any idea how i supose to act? please help ,,I watch your shows I know you are very informative ,,thank you .Show less REPLY
Hi Filomena, sorry to hear about this! I would suggest seeking legal advice - if you don't already have a lawyer that you know and trust, I can recommend Steven Sidorovski at Zenith Legal. If he is not able to help, he should be able to point you in the right direction. You can contact him and his team on 02 9002 0520. Best of luck!
Wow it's so easy to be rich, I never realised that absolutely EVERYBODY can be rich. All you have to do is follow a couple of easy steps. I feel so dumb, here I am working for money like a idiot when I could be sitting back and having a "passive" income from the sky. Mr Binvested I think you forgot to include a little known fun fact about the mountain of mortgage you have with the financiers of your property portfolio. The fact that at any moment they can (and have in the past) required that the mortgage be honoured within 24hrs notice. This is very real risk I think you should think about, but don't loose any sleep over it.
What i would like to know is, after you buy the first property at say $250k, and if you have an average salary of say 65k, how is it possible to get enough equity to get loan approval for another $250k to buy the next property quickly, when you are in debt $250k?
Not telling you what to do or anything, but from my experience the bank will always lend you more money given the numbers work out and that youre able to pay them off. they will give you a number lets say 500k and thats your limit, then say if the property goes up in value, you can then withdraw that equity out and use that to buy another/renovation or whatever.. however, from nathans approach this is all "assuming"/ gambling that the property prices will go up or double like how it did in 2003-present. i personally believe the current market wont be like the last 10 years and will flatten out.. On the other hand it didnt stop me from buying 2 investment properties with large blocks (looking at development opportunity)
@@VoteLaborOut no I haven't the market and my capital timing just isn't right. I need 2 million dollars and a experienced developer to make this a successful project. At the moment I'm just land banking.
+Zoom Zoom It has nothing to do with the video quality, its the sound quality and all deserve an equal amount of attention, especially to become successful, find the balance don't favor 1 side
impulse1311 You critique the video quality but not the content? You should care about the message first and foremost. The video quality shouldn't even matter if the information he gives is good. "especially to become successful" He is successful already proving you wrong. Are you studying Cinematography or something? Because you are in the wrong part of UA-cam...
impulse1311 "it was about not being able to hear anything" You have the other channel that provides sound and you have chosen to use antiquated single channel audio (for some reason). When you go from audio that has a dual channel input to mono channel output you know what it does? It melds both together... That's right you get that single audio channel through both speakers when listening with mono sound... "it makes the experience for viewers who only use 1 audio channel uncomfortable." If you use single channel audio than you get the sound of both in each speaker combined, so whats the problem? Please tell me how it is "uncomfortable" as it seems to me you are deluded about how the audio channels work bud. "it was about not being able to hear anything" There is audio but clearly you just don't hear it... So really if you use mono audio you CAN hear what he is saying AND in BOTH speakers of your earphones... "uncomfortable", "able to hear anything". "please use both speaker channels, you just got a thumbs down and - 1 view" Clearly you care nothing for the message/information of this video... "trying to be confrontational" Sorry bud but the world is confrontational and i had to put you in your place. Hah! Mono channel... What fucking device uses mono channel only? Or do you just choose mono ch... Learn how to use your device and switch it to stereo sound "so you don't look like a such a moron."
+Zoom Zoom wow, replying to this is a waste of time bud, did you read anything that was said because clearly again you misunderstand, youtube penalizes you for uploading a video with 1 channel, the fact that you carry on responding to this trying to defend your pride or dignity by proving or assuming that impulse had 1 channel setup, why did you think he only has one channel, maybe its your confrontational behavior... and your passive aggressive tendencies, go climb up another tree please because your really looking like an idiot now....
Mate, luv your work. Thank you for sharing your honest approach to investing. 2 thumbs up.
Thanks Darren. Have you signed up to our newsletter? Make sure do you do you never miss a post :)
yes. Reading Matrix right now :). Be in touch.
Folks...Times are changing. One should NEVER want to carry a mortgage at any lengths and at any time. If one has money left over after a mortgage payment, instead of thinking any kind of investments, apply that money toward reducing your mortgage balance. Why? Because at any given moment, should you ever lose your job for any reason, you're screwed.
Are you not getting what he says?
You don't need a job to run this lifestyle, it's about being financially free...
When you get to the point where you live of the rent, fuck the job then
EmperorWildManChan . I didn't think you're fully understanding what he point is. Yes there is always going to be an element of risk.
If you dont take any risks, you will spend your life paying off your mortgage. Australian house prices have increased considerably over the last 30 years. If you watched from the sidelines and didnt increase your portfolio then you missed out big time.
@@zooks3894 over the next 30 they will continue to go up, so if you just save the cash and buy outright you won't be paying double back in interest
@@alexc5369 its better to buy an investment property using the banks money and the tenant pays it off until youre ready to sell. Then take the profits and bulk paydown your mortgage or, clear it completely. Its a strategy that works and hasnt cost you anything.
Really digging your videos Nathan!
Thanks James :)
Ok thank you .I read the advise on trying to find a broker. Cheers will look into it and take on board
I have equity in my house. It was old building I renovated as I am a builder. I reckon I have around £100,000 equity in the property , how do I buy a second or third house without any deposit . Meaning cash to hand. not including the equity. Or will they allow you to use just the equity as a deposit? ?
Hi Kevin, by the sounds of it you are in the UK, in which case different lending practices probably apply. This sounds like something a good mortgage broker could help you answer. If you are not sure how to spot a good one get some tips here binvested.com.au/how-can-you-find-the-best-home-loan-it-all-starts-with-the-best-broker/
fix your audio.
Haha left audio only, thought my headphones were broken 😅
Do you have 10 mil if debt?
But those kind of properties (200.000) are in areas which normally there is no capital growth. 10% you can’t even find in Melbourne or Sydney nowadays
Not true ... capital growth is one of Nathan's 3 key criteria for choosing a good investment property. We source properties in Sydney for our clients that have capital growth - it is possible when you know how. :)
Sorry new to all this and still trying to understand how property investment works. Just a question, if you just bought your first property and planning to buy another one soon (say after 12 months), would it be a good option to put your money on the mortgage of your first property to convert your money savings into equity to increase the equity value of the first property? Then use the equity of your first property via equity loan to buy another property (saying that you have a positive re-evaluation)? Because:
1. Would it be tax deductible if you're investing via equity loan?
2. Would there be more associated tax and higher interest rates if you invest in another property via cash from savings vs. equity converted cash?
Please feel free to correct me if I'm wrong or provide some clarification. I would love to learn a lot from you. Cheers :)
Hi Jorge, as with anything in property investment it's not always clear-cut. It depends on the variables in your investment strategy. We would recommend you speak with an investment finance strategist such as Zinger Finance (www.zingerfinance.com.au) as they can go into this in more detail with you. You may also wish to consult a property accountant prior to purchasing your first property, so that they can review whether the property in mind meets your needs, and what things could be done to optimize its cash flow (onepathaccountants.com.au).
Generally speaking, many banks would steer you towards using one property as security against another, however, our investors generally favour withdrawing equity as cash to use as a deposit as they have greater freedom of choice when it comes to their next loan. Having the right finance for each stage of your property investment journey is very important, and can affect the speed of acquisition.
Here is some further reading you may find interesting binvested.com.au/finance-large-property-portfolio/ and binvested.com.au/how-can-you-find-the-best-home-loan-it-all-starts-with-the-best-broker/
Nice vid
This video is truly misleading.
Misleading statement number 1 ; 10% return. Next to no properties sustain 10% growth per year unless you are a wealthy person who can afford to hold a higher growth vs yield property. Those properties do exist ; however to put it in perspective Melbourne which has had the BEST growth over 20 years has a median growth of 8percent. Some years that drops to under 5 percent.
There is NO mention of how expensive property is to acquire and the associated fees with that. That 1000 dollars saved would already be spent with the fees associated in investing.
Passive income that comes from property can take up to twenty five years to achieve for the “average” mum and dad investor. And even after 25 years if you don’t like having residual debt you may have to sell a property or utilise your super if you didn’t account for this.
The truth is investing comes from surplus cash flow. It’s NOT for EVERYONE. Not everyone likes debt or deals with it well. In order to have the ridiculous passive income this guy is stating would require massive amount of debt / leverage that would scare most people senseless. Also it’s completely unnecessary.
You have to be able to AFFORD being able to hold these properties and pay for the leverage. That means having a good paying job that’s secure for 25 plus years; investing in property well means being in the market for a long period of time not 2-3 years !! Hence why property is a HIGH RISK investment. Property value will go up absolutely ; but you need to accept having large amounts of debt for most of your life (high risk) and hope by god you can make the payments required to keep your properties
If what’s this guy says seem appealing to you ; you don’t know anything and you are being sold.
Go get educated
Look at the timestamp. It is now a very different market to what it was when this video was made. Before you start being dramatic, maybe educate yourself. Watch a few more of our videos. Actually learn about us and what we do.
Great stuff
How many home loans can I have at one time ?
That really does depend on many different factors. If you need help with your finance, let us know!
What about when U sell them and CGT
That's why you need a solid strategy in place. You want to be buying properties that fit in to Nathan's 3 fundamentals of investing in property.
i let a real estate investor borrow money from me to buy a house 2 years ago ,,he was supose to pay me back last month when he sold the house now he is saying that he didnt made enough money to pay me back should i go to a lawer? do you have any idea how i supose to act? please help ,,I watch your shows I know you are very informative ,,thank you .Show less
REPLY
Hi Filomena, sorry to hear about this! I would suggest seeking legal advice - if you don't already have a lawyer that you know and trust, I can recommend Steven Sidorovski at Zenith Legal. If he is not able to help, he should be able to point you in the right direction. You can contact him and his team on 02 9002 0520. Best of luck!
@@binvested thank you for your help
Thumbs up for the intro and dubstep remix at 2:13
Video editing has come a long way since 2014 ;) Luckily, you can still hear the message being delivered.
Wow it's so easy to be rich, I never realised that absolutely EVERYBODY can be rich. All you have to do is follow a couple of easy steps. I feel so dumb, here I am working for money like a idiot when I could be sitting back and having a "passive" income from the sky.
Mr Binvested I think you forgot to include a little known fun fact about the mountain of mortgage you have with the financiers of your property portfolio. The fact that at any moment they can (and have in the past) required that the mortgage be honoured within 24hrs notice. This is very real risk I think you should think about, but don't loose any sleep over it.
Not true.
What i would like to know is, after you buy the first property at say $250k, and if you have an average salary of say 65k, how is it possible to get enough equity to get loan approval for another $250k to buy the next property quickly, when you are in debt $250k?
Not telling you what to do or anything, but from my experience the bank will always lend you more money given the numbers work out and that youre able to pay them off. they will give you a number lets say 500k and thats your limit, then say if the property goes up in value, you can then withdraw that equity out and use that to buy another/renovation or whatever..
however, from nathans approach this is all "assuming"/ gambling that the property prices will go up or double like how it did in 2003-present. i personally believe the current market wont be like the last 10 years and will flatten out.. On the other hand it didnt stop me from buying 2 investment properties with large blocks (looking at development opportunity)
yes agreed..
@@ESKN hi did you go through with the development?
@@VoteLaborOut no I haven't the market and my capital timing just isn't right. I need 2 million dollars and a experienced developer to make this a successful project. At the moment I'm just land banking.
@@ESKN all the best, it's good to hear you didn't rush into it though
Watch Daniel talking about his buying first investment property :)
facebook.com/pifinance/posts/1231983380227010
No sound on your video! Wish I could hear.
Hi Joyce, there is definitely sound. You may need to adjust your audio settings.
Why would a bank keep lending you money?
Is that the proverbial you or are you directing that at Nathan specifically?
With all the money you’ve made on property could you buy a better microphone?
no sound dogg
Don't give up your day job - your only covering off the basics here
I'd put that 20,000 into getting a better mic
💯🧡
There is no sound. Have it at the start/end with the intro music but not during the presentation.
dafaq is that sound!!!??!
do yourself a favour, please use both speaker channels, you just got a thumbs down and - 1 view....
+impulse1311 you should care about the content more than the video quality...
+Zoom Zoom It has nothing to do with the video quality, its the sound quality and all deserve an equal amount of attention, especially to become successful, find the balance don't favor 1 side
impulse1311 You critique the video quality but not the content?
You should care about the message first and foremost. The video quality shouldn't even matter if the information he gives is good.
"especially to become successful"
He is successful already proving you wrong.
Are you studying Cinematography or something? Because you are in the wrong part of UA-cam...
impulse1311 "it was about not being able to hear anything"
You have the other channel that provides sound and you have chosen to use antiquated single channel audio (for some reason).
When you go from audio that has a dual channel input to mono channel output you know what it does? It melds both together...
That's right you get that single audio channel through both speakers when listening with mono sound...
"it makes the experience for viewers who only use 1 audio channel uncomfortable."
If you use single channel audio than you get the sound of both in each speaker combined, so whats the problem?
Please tell me how it is "uncomfortable" as it seems to me you are deluded about how the audio channels work bud.
"it was about not being able to hear anything"
There is audio but clearly you just don't hear it...
So really if you use mono audio you CAN hear what he is saying AND in BOTH speakers of your earphones... "uncomfortable", "able to hear anything".
"please use both speaker channels, you just got a thumbs down and - 1 view"
Clearly you care nothing for the message/information of this video...
"trying to be confrontational"
Sorry bud but the world is confrontational and i had to put you in your place.
Hah! Mono channel...
What fucking device uses mono channel only?
Or do you just choose mono ch...
Learn how to use your device and switch it to stereo sound "so you don't look like a such a moron."
+Zoom Zoom wow, replying to this is a waste of time bud, did you read anything that was said because clearly again you misunderstand, youtube penalizes you for uploading a video with 1 channel, the fact that you carry on responding to this trying to defend your pride or dignity by proving or assuming that impulse had 1 channel setup, why did you think he only has one channel, maybe its your confrontational behavior... and your passive aggressive tendencies, go climb up another tree please because your really looking like an idiot now....