‘Good debt’: Man who has bought over 20 homes reveals interest rate reality
Graham Whitfield owns multiple properties but isn’t worried about whether interest rates go up or down today.
Mr Whitfield has amassed a property empire, but surprisingly, unlike some Aussies who are depending on the cash rate to drop in order to finally get some mortgage relief, he isn’t too concerned.
Graham Whitfield, who has “flipped” 27 properties in Perth and now coaches others through his business Red Mane, has sold homes with and without an agent.
He believes that, for the average person, there aren’t many advantages to selling a house without an agent, because most vendors aren’t skilled negotiators.
Why interstate property flippers should turn their attention to Melbourne
Property coach and founder of Red Mane Property Coaching, Graham Whitfield, believes now is the ideal time for property flippers to look towards Melbourne for their next ventures.
Graham Whitfield, a former FIFO worker has given up the long hours and flights to become a property flipper. It’s allowed him to acquire more than $2m in property equity in just four years.
FIFO worker quits job to make $2 million flipping houses after rental ‘nightmare’
An Aussie dad has revealed how he quit his $150,000-a-year FIFO job and has earnt more than triple his salary flipping properties.
Graham Whitfield has renovated more than 25 properties in the last three years and made more than $2 million in profit, but said it all started due to a rental “nightmare”.
Renters did $35,000 worth of damage to my house - I was fuming but now I need to thank them because it turned me into a millionaire
Graham Whitfield's shoulders dropped as he walked through the doors of the investment property he'd self-managed for over ten years.
The long-term tenants had moved out and left $35,000 worth of damage. It was like they had never bothered to clean the home in the decade they'd lived there...
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