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Property hunter

Hunting down good deals has seen one young property trader get over 200 property transactions under his belt - but it’s been a steep learning curve.

Monday, June 13th 2016, 1:00PM

by The Landlord

Investor Cameron Stewart's wild property ride started in Invercargill

Cameron Stewart, who is profiled in this month’s issue of NZ Property Investor magazine, doesn’t do things by halves.

Since 2009, when the then-24 year old first made his foray into the property investment business, he’s completed over 200 property transactions.

In his first year alone, he bought and sold “10 or so houses”.

Initially, his driver was wealth.

Working long hours, dealing with high levels of stress and high stakes were par for the course.

A couple of years into his property journey, he was trading up to six properties at a time, making $30-40,000 per trade.

But it was chaotic, he was stressed to the hilt and the sheer volume of his trading meant he encountered many problems, Stewart told our journalist.

Eventually, he moderated his strategies to include holding and slowed down a bit.

These days he retains four good properties with six solid rental streams, and runs a property finding business.

“Anyone can get into it,” he said.  “Property is just a great vehicle to get you where you want to go.”

To read more of Cameron Stewart’s story, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

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ASB Bank 5.20 4.05 3.95 4.39
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BNZ - Classic - 3.55 3.45 3.99
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Credit Union Baywide 6.15 4.95 4.95 -
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Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
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HSBC Premier 5.24 3.35 3.35 3.35
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HSBC Special - - - -
ICBC 5.15 3.18 3.18 3.20
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Kiwibank - Offset 5.15 - - -
Kiwibank Special - ▼3.39 ▲3.55 3.89
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.25 4.15 -
Pepper Money Near Prime 5.64 - 5.44 5.44
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Pepper Money Specialist 7.59 - 7.39 7.39
Resimac 4.50 4.86 3.89 3.94
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SBS Bank 5.29 4.85 5.05 5.49
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Sovereign 5.30 4.15 4.29 4.55
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TSB Bank 6.09 4.35 4.25 4.69
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Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
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