If you want to understand how to rapidly amass property and create a lucrative passive income stream starting with nothing, then Maha Sinathamby is someone who should definitely be on your radar.
Coming from incredibly humble beginnings in a small war-torn Malay village, Maha has built a personal fortune of $820 million through property investing and is on track to reaching his first billion soon.
Unable to find work out of university, he found his calling working as a commission only real estate agent and later as a property developer in Perth. A mining bust and failed IPO saw Maha leave Perth heavily indebted and with his finances in tatters.
After relocating to Queensland Maha located a 7,000-acre parcel of land outside Brisbane that nobody wanted. He secured the property with an option, obtained development approvals to develop the land and then on-sold a small portion of the property to fund the purchase.
Still broke, Maha then negotiated with several money partners to develop the land. Several years and $9.6 billion in expenditure later, that land parcel is now known as the City of Greater Springfield and regarded as one of the world’s finest master-planned cities.
Maha is regarded as a master of the deal, able to unearth lucrative property investments and realize their profit potential using property options and other people’s money. He is convinced anyone can follow his approach to create long-term wealth through property when they know how.
Today Maha is directly involved as the major shareholder in more than $15 billion worth of projects throughout Australia. He was recently named by BRW as one of Australia’s wealthiest individuals.
Maha will reveal: