PHOTO: Nathan Birch recently bought another six properties. Picture: Jonathan Ng Source: News Corp Australia
A former Mt Druitt resident who already owned more than 200 properties has snapped up six more homes during the COVID-19 crisis.
Prominent investor Nathan Birch, 35, said he was preparing for another buying spree, despite being $18 million in debt, because the economic downturn was creating “unprecedented” property investment opportunities.
“I’m buying everything I can get my hands on … nothing compares to the opportunities we’re going to get,” he said, adding that he hoped to purchase another 20-30 properties over 2020.
He said he was planning to do this despite having “more debt than anyone in Australia” by channeling the considerable equity he has amassed in his properties into additional purchases.
The total estimated value of his properties was more than $50 million, he said.
His properties included an Ipswich home purchased for $35,000. Source: Supplied
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