{"id":25448,"date":"2020-05-27T12:47:08","date_gmt":"2020-05-27T00:47:08","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=25448"},"modified":"2020-05-27T12:47:08","modified_gmt":"2020-05-27T00:47:08","slug":"investor-with-200-plus-properties-bags-six-more-homes-during-covid-19","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/investor-with-200-plus-properties-bags-six-more-homes-during-covid-19\/","title":{"rendered":"Investor with 200-plus properties bags six more homes during COVID-19"},"content":{"rendered":"

PHOTO: Nathan Birch recently bought another six properties. Picture: Jonathan Ng Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n

A former Mt Druitt resident who already owned more than 200 properties has snapped up six more homes during the COVID-19 crisis.<\/p>\n

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Prominent investor Nathan Birch<\/a>, 35, said he was preparing for another buying spree, despite being $18 million in debt, because the economic downturn was creating \u201cunprecedented\u201d property investment opportunities.<\/p>\n

\"Heather<\/a><\/div>\n
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\u201cI\u2019m buying everything I can get my hands on<\/a> \u2026 nothing compares to the opportunities we\u2019re going to get,\u201d he said, adding that he hoped to purchase another 20-30 properties over 2020.<\/p>\n

He said he was planning to do this despite having \u201cmore debt than anyone in Australia\u201d by channeling the considerable equity he has amassed in his properties into additional purchases.<\/p>\n

The total estimated value of his properties was more than $50 million, he said.<\/p>\n

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\"His<\/div>\n

His properties included an Ipswich home purchased for $35,000. Source: Supplied<\/span><\/strong><\/em><\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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