Ron, a 3rd generation Kiwi-born Chinese, first started investing in properties in 1969. In 1996 he decided to cash up to pursue other interests.
Some years later in 2003, Ron decided to revisit his investing journey by raising $180,000 against the equity of his family home and over the course of 12 months, successfully purchased 21 Auckland properties worth $4.5 million dollars. These properties have now gone on to pay him an after-tax cash flow of over $100,000 a year. The rental income on these same properties have not only increased over time, but are cash flow positive and have grown in value by several million dollars.
Now, 15 years later in 2018, Ron has an impressive portfolio of 30+ investment properties with a current market value of over $25+ million dollars and an enviable LVR to match.
Ron shares with others, that whilst the property market constantly changes, so must your investing strategies, he believes that different opportunities present themselves in each phase of the Property Cycle and that we should be investing close to the City Center.
Ron shares with his students his opinion on the Property Clock, surfing the property ripple, buying wholesale, negotiating and putting in offers. He also gives regular updates and examples of the massive profits his students are constantly achieving.
Ron is a Super Investor operating an investing strategy and system that continues to get extraordinary results time and time again.