“Our strategy is all about buying an established property in a blue chip location, then you be the developer, knock the old house down and then build new. Don't sell them, keep them, but you're the developer, you've got the developer's margin and you control the risk.”

Jack Henderson · Mo Money · #524 Is Rentvesting Dead? w. Jack Henderson

Play from 23:51
23:51

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

buy an old house in a blue-chip suburb, demolish it, rebuild new units, keep them as rentals to capture developer margin

Said nearby on the same subject

“There’s so many strategies that people don’t even know about that they can do where you can literally pay off a rental portfolio in seven years by doing the old snowball effect, the good old Dave Ramsey snowball.”
♫
Said on Small Business Stories
Why it worked 7 years Share this moment
“If we are trading on old news we're buying high because we're buying after the stock has already risen and we're selling low”
♫
Said on Top Traders Unplugged
Why it worked Share this moment
“They showed me software where you could check out what suburb or what area is good, which types of units are good, and what sort of time of the year is good.”
TC
Theodore Collette
Australian Property Investor ·
“I don't mind investing in like the worst part of the city because that's where I get the cheapest deals… buy for $5,000, $10,000, $15,000, put money into them and rent them out for a solid rental income”
♫
Said on WSJ What’s News
How they work $5,000, $10,000, $15,000 Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.