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SMH website front page story this arvo

Discussion in 'Property Experts' started by dabbler, 9th Sep, 2015.

  1. dabbler

    dabbler Well-Known Member

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  2. larrylarry

    larrylarry Well-Known Member

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    The story of Nathan Birch and BInvested continues...
     
  3. Biz

    Biz Well-Known Member

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    He`s been on 170 properties for a while now. Needs to pull his finger out and get on with it.
     
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  4. D.T.

    D.T. Adelaide Property Manager Business Member

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  5. Blacky

    Blacky Well-Known Member

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    York likes this.
  6. D.T.

    D.T. Adelaide Property Manager Business Member

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    We're just rounding up to the nearest 10mil now right?
     
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  7. bob shovel

    bob shovel Well-Known Member

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  8. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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  9. Azazel

    Azazel Well-Known Member

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    Didn't read the article, but is that what he's moving on to now?
     
  10. bob shovel

    bob shovel Well-Known Member

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    It would but thats the main sale pitch
     
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  11. Azazel

    Azazel Well-Known Member

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  12. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Whether its true or not I don't fault him. He is doing what he sees as best for his company, image etc etc. I'm sure he has agents who contact media outlets to share his story etc. Its what business people do. I don't care how much of it is exaggerated, that just means the more brilliant his marketing is imo. Some sour grapes around I think.
     
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  13. Aaronjod

    Aaronjod Well-Known Member

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    I'm with Leo on this one. I don't know him or his dealings, but just because someone told you they got ripped doesn't necessarily mean they did. There is always two sides to the story.

    I believe you should always treat people with respect and not judge on what you have heard from others. If he is ripping people off then they are matters to be dealt with between them, and is really none of our business. If I were to approach him for his services I would do my own DD before actually committing and would accept responsibility for the outcome, because at the end of the day I was the person who enlisted him.

    I do think he is also doing some great things and find him a little inspiring myself. Who am I to judge this guy, he has achieved more than me thus far. If it was done unethically I think in the long run he will be broke.
     
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  14. hillsguy

    hillsguy Well-Known Member

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    Let's wait until those interest rates start rising and then interview him ... please ... I am over all the cheap publicity ...
     
  15. Leo2413

    Leo2413 Well-Known Member Premium Member

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    You could say the same thing about investors here who have millions in debt with 20 plus properties. I am sure Nathan has buffers, exit strategies, contingency plans in place for various scenarios that can play out. He will be just fine.
     
    Last edited: 10th Sep, 2015
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  16. Soul

    Soul Well-Known Member

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  17. MichaelW

    MichaelW Well-Known Member

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    Nathan's a good operator. I've watched him grow from zero to 170 or wherever he's up to today and take my hat off to him. He's worked hard to source those super cheap properties which he's reno'd and rented. He's accelerated his capital gain through renovation and also his cashflow given his purchase price is so low. Post reno they're typically sub 50% LVR and yielding very strongly.

    Its too much work for me to do that volume of properties but its worked a treat for him.

    Way to go Nathan! Not my gig, but well done fella!!

    Cheers,
    Michael
     
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  18. See Change

    See Change Timing Lord Premium Member

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    And at 30 , he still has his youth and if he wants to relax and go partying he could now do it in style ...

    Cliff
     
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  19. Chilliblue

    Chilliblue Well-Known Member

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    A little disappointed with Aiden Devine the writer. He has enough knowledge and professionalism to have done a real piece and checked over what is being claimed.

    Instead he writes a fluff piece. He should call himself a reporter if he is only going to regurgitate what is being placed in front of him.
     
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  20. Tony Fleming

    Tony Fleming Well-Known Member Business Member

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    I honestly don't think rate increases would effect many investors at the moment especially seasoned investors who bought before the boom. It needs to go up by about 2.5 percent to get back to where they were sitting before. You've got plenty of options to fix before than