52 - Premium location, premium site, what’s the catch?

Accounting Insider - Property, Wealth, Business Tips & Tricks

It’s an unused, commercial property site on a premium street, in a premium suburb a couple of kilometres outside of Adelaide’s CBD. It doesn’t get much better than that. Kym starts his process in the usual fashion, with research - remarkably, the current owner bought the property at a staggeringly cheap price a few years ago. He writes a letter to the owner, who calls Kym back and is keen to talk. The conversation starts, Kym appears to be in the running for a property with HUGE potential, but there are a couple of warning signs ... Tune in to another fascinating property story, as Kym continues to share his property investment journey and strategies. About Kym, http://accountinginsider.net : Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients. Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses. Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances. Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high net worth individual, or business structure advice for a tradesman, Kym uses his decades of experience to develop plans for prosperity. As a Fellow Chartered Accountant qualified in financial services and mortgage broking, Kym offers holistic financial advice. A big believer in disruptive technologies, Kym has also developed his own accounting software and is a Xero certified adviser. More than just an accountant, Kym is successful property developer, builder and business mentor. Applying the advice that he gives clients daily, Kym has turned his first property purchase into a multi-million dollar residential and commercial portfolio. And as a qualified builder, he’s not afraid to get hands on with his property developments. As a proven success, and with diverse experiences and expertise, Kym is also a respected mentor to a number of business owners and entrepreneurs. Fellow Chartered Accountant Bachelor of Commerce (Accounting) Bachelor of Economics Xero Qualified Certificate IV in Financial Services Diploma of Mortgage Broking Management Credit Representative of BLSSA Pty Ltd Want to connect with Kym? Visit http://accountinginsider.net & http://nitschkenancarrow.com.au Produced by Apiro Consulting. Visit http://apiroconsulting.com