if you follow his post (nathan).
most of his stuff are foreclosure, property with problem (termite, burndown), or out in stick. and hence below market value.
obviously one have to be prepared to pay for any property that have been offered through at any conditions. and the one that doesnt suit his requirement, he will just shifted it to the clients, and make $10k upfront + trailing commission from the loan. (not bad after couple of hours of talking).
in order for him to keep acquaring property, one must have cash flow to support the loan payment (rent)+ deposit for the new acquired property + rising prices is just a cream on top of the cake, and make it easier to flip the property to the other people.
if you see recently he posted land below market value in sydney, kellyville. that doesnt even make it into the market. or the gold coast foreclosure ? no one sees it until he make it known on the face book.
he must be on the market long enough, to know those people that want to move the property quick, without going through the standard process, and therefore not available to public.
with his business that he sets up now.. everything will be ok as long as the price of the property keep going up.
most of his stuff are foreclosure, property with problem (termite, burndown), or out in stick. and hence below market value.
obviously one have to be prepared to pay for any property that have been offered through at any conditions. and the one that doesnt suit his requirement, he will just shifted it to the clients, and make $10k upfront + trailing commission from the loan. (not bad after couple of hours of talking).
in order for him to keep acquaring property, one must have cash flow to support the loan payment (rent)+ deposit for the new acquired property + rising prices is just a cream on top of the cake, and make it easier to flip the property to the other people.
if you see recently he posted land below market value in sydney, kellyville. that doesnt even make it into the market. or the gold coast foreclosure ? no one sees it until he make it known on the face book.
he must be on the market long enough, to know those people that want to move the property quick, without going through the standard process, and therefore not available to public.
with his business that he sets up now.. everything will be ok as long as the price of the property keep going up.