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    Default Auckland PIA Northern Group: Auckland Housing Market Update with Ron Hoy Fong


    Tue 2 August 11 7pm arrival for 7.30 start
    Taitamariki Girl Guide Hall, 8 Auburn Street, Takapuna
    Free for APIA members and $20 cash for non members
    To register visit: http://www.apia.org.nz/events?eventi...3-b226997aa7b8


    We are pleased to feature Ron Hoy Fong, trusted investor, mentor and businessman, to present to the August Northern Group.



    Ron will be giving an update on the Auckland housing market at the moment and coming trends. He will also be speaking to fellow investors about strategies to maximise profits.



    Ron first started investing in properties in 1969, and cashed up in 1996.



    He restarted his investing journey in 2003 raising $180,000 against the equity of his home and in just 12 months turned it into 21 Auckland Properties worth $4.5 million dollars that paid him after tax cash flow of over $100,000 a year. Ron demonstrates how these same properties have increased in rents, are cash flow positive, and grown several million dollars in value.



    By 2010, just 7 years later, Ron accumulated over 30 properties that today has a market value of over $10 million dollars.


 

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