Property Investor

PHOTO: Property investor Graeme Fowler (pictured with wife, Katrina) reveals after a close encounter with appendicitis, he lost between one and two million dollars. Photo credit: Supplied.


“I went from owning 60 properties, down to 35 and for a long time, I had negative cash flow of $70,000 a month.

“I broke many of my own investing rules during that time. 

“After a long battle, I’m glad to be through it.” 

 Graeme Fowler | Property Investor.  

Money. It’s the driving factor behind many life choices, but is it the be-all and end-all?

‘Me and My Money’ is a regular feature that investigates Kiwi attitudes towards money and what drives the choices they make.

Newshub spoke to Graeme Fowler, a property investor and writer of two best-selling books, New Zealand Real Estate Investors Secrets and 20 Rental Properties in One Year, about coming back from a year of selling properties following a close encounter with appendicitis.

Drawing from his knowledge and experience in property, Fowler says if the numbers make sense, it’s always a good time to buy. He reveals he made a pre-tax profit of $120,000 from a property trade following the Government housing announcement and talks about why he now prefers investing in commercial over residential.

1. Are you a saver or a spender?

I’ve never been much of a spender.

I was a great saver up to my mid-’20s. After that, I became an investor which kind of makes saving obsolete.

Nobody is ever going to get rich saving, however, it’s better than doing nothing – or being a spender and never having enough.

For me, being an investor and understanding money in a different way took away the need and desire to save.