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Meet the Kiwi property dealer who has traded over 250 homes
https://www.newshub.co.nz/home/money/2019/11/meet-the-kiwi-property-dealer-who-has-traded-over-250-homes.html
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Fowler estimates he's completed over 250 trades and renovations - averaging at around 15 properties a year, with 24 properties bought and sold during 2017.
As a professional property trader, Fowler is liable for tax and GST, accounting for around 38 to 40 percent of his profits.
To help novice investors get started, Fowler shares his knowledge of what a good 'yield' is and when it applies, where to look for properties and the risk of taking on structural renovations as opposed to cosmetic changes when selling on.
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