property investor


PHOTO: SUPPLIED Graeme Fowler said he had done about 250 to 300 trades in his lifetime.

A property investor who owns more than 80 rental properties says people struggle to understand people making money when it isn’t a “per hour” activity — especially when it involves earning 10 or 100 times a normal wage.

Graeme Fowler focuses mainly on a buy-and-hold investment strategy, but also makes money through property trades.

He said he had done about 250 to 300 trades over his investing lifetime. The key to success was buying the house at a good price initially, he said.

“People can sell for all sorts of reasons and have various motivations for selling. Some vendors want a quick cash deal as they have an offer on another property to buy.