Sydney Man Buys SEVEN Properties, THREE Left for Retirement | Moves Away from Buyers Agents

[@AusPropertyMasteryWithPK]

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[@QuyenHissen]

Really enjoyed the interview, Eric & PK. Great job on your journey, Eric, and kudos to PK for lighting up a movement of inspiration! So many nuggets of wisdom and good vibes in that conversation!

[@AusPropertyMasteryWithPK]

Thanks for watching!

[@meetviren]

Well done Eric - thanks PK for sharing Eric’s journey 🙂

[@AusPropertyMasteryWithPK]

My pleasure!

[@ve5394]

Fantastic session. Thank you so much for PK & Eric. Sharing. It is really useful:)

[@AusPropertyMasteryWithPK]

Glad you enjoyed it!

[@alanblair88]

Great video! I also bought in Redcliffe in 2016. When you live in Sydney, Redcliffe seems like a great place. We could never understand why it was considered inferior by some of the locals.

[@ldandco]

Exactly ! we bought in Rothwell in 2014, which is 5 mins away driving from Redcliffe and the comments of locals from QLD say that it is a low socioeconomic area, which really surprised me as the area is beautiful. We are from Sydney so I agree with your point.

[@fergushealey8645]

Another great video PK and Eric with plenty of value

[@AusPropertyMasteryWithPK]

Thanks Fergus

[@someguy4260]

Margate great suburb. I was in the area a lot last year and i noticed the demographics of the area has changed a ton. You see far more bmws, audis people more affluent compared to 5-7 years ago.

[@illusionoflife01]

Hi PK. You guys talked about trusts. What kind of trust is best to enable one to buy property? And which banks are more likely to provide a loan to a trust? Thanks

[@susmusmanoj112]

Eric and PK great video Ques to Eric - could u elaborate what kind of parrameters you were putting in ur offer ? Could u please elaborate

[@michaelrobinsrobinson7934]

I love these experiences people and making lovely chat

[@Learn_Share_]

Hi Pk, could you please let me know how can I enrol to your course?

[@foobar8485]

Eric’s potential risk would be QLD’s labor government who frequently tries to impose bigger tax (ie land tax reform attempt) and penalties (ie limit the rent increase) on interstate investors.

[@AusPropertyMasteryWithPK]

That’s a risk everywhere, Eg vic

[@I_LOVE_THE_SUNCOAST]

Hello from USA. Very informative.

[@AusPropertyMasteryWithPK]

Thanks for watching!

[@lnm695]

I wonder how to go around serviceability. We have 1 investment property + principal residence and bank said we cant borrow anymore despite having equity.

[@AusPropertyMasteryWithPK]

He did it through trusts

[@yalingko6924]

Is it because of 'rentvesting' hence Eric is able to pull out equities constantly? As I feel a chunk of homeloan just tie up your borrowing capacity.

[@AusPropertyMasteryWithPK]

It defs helps!

[@mealea98]

Hello, did Eric have good relationships with these property managers alteady? Or are they happy to answer these questions for us yo verify the suburbs? Thank you!

[@ericletranproperty]

hey, no I started from scratch and built these relationships with the property managers as I started searching

[@teresazhang3766]

Don’t think Alexandra hills is a good choice in Brisbane. It lacks infrastructure in that area.Brisbane in 2023 still enjoyed 10% growth.

[@smb7576]

thanks for the interview. the strategy is simple. i am one of those who feel time poor and not confident enough to do it on my own. i have a good buyers agent but would like to do get to the point to find my own deals. it doesn't bother me to spend the money on the buyers agent but i feel a little less successful when using them. anyway one day i'll take the step to find my own deals.

[@AusPropertyMasteryWithPK]

Thanks for sharing. Yes confidence can be built easily through education and mentoring. Of course you need 3-5 hours a week over 1-2 months to DIY

[@tonyly3616]

May I ask how much does it cost to use a buyers agent or do they all vary in price.

[@AusPropertyMasteryWithPK]

@@tonyly3616 it costs wayyy too much generally $15kish

[@speedmao1]

Eric is great!

[@AusPropertyMasteryWithPK]

He is!

[@tomjones4451]

Brisbane property price is still way cheaper than Sydney price.

[@alferrus5062]

bonjour.. please as politely as i can be WHILE WATCHING THOSE VIDEOS , why on earth people buy on a budget, ONE HOUSSE AT A TIME ?why can't WE think big?WHY WOULD we WAIT 10 YEARS TO BUY 10 PROPERTY , MANAGING 10 TIMES 10 TENANTS INSTEAD OF BUYING ONE BUILDING for example WITH 32 UNITS? THAT IS JUST ONE TRANSACTION with just one manager and a much better outcome. My name is AL , i am 61 years old and NO i do not have any housse and do not want one either . This is the worst investment you can make .... being on a budget. 😊al

[@ADayInTheLifeOfJames]

Haha & this is celebrated like it’s somewhat a sustainable market in Australia 🤔

[@AusPropertyMasteryWithPK]

Yes