Real estate agent Aman Gulia goes from broke to half a billion in sales in 5 years
Aman Gulia has been selling houses for only five years, but he and his team are hitting the big numbers, and Gulia has a genuine passion for what he does.
Gulia, 32, shares his own home-buying story, and his rags-to-riches real estate sales and development journey as part of Stuff’s regular Q&A series with property professionals.
I truly detest real estate agents and property managers.
I find them to be parasites.
The deal between the State and the Private Landlords is that the State will never build enough public housing to alleviate the pressure in the rental markets while receiving a $2billion dollar per year housing subsidy.
Speculators who drive up prices while benefitting from a political agreement with the State to keep the most vulnerable constantly desperate should be vilified, they certainly shouldn’t feel confident enough to boost in newspaper articles.
Selling each other houses isn’t prosperity, it’s a pyramid scheme.
Militant Renters should take to their communities at night and let those real estate signs pimping house sales in their neighbourhood know how the local renters feel with creative graffiti.
Or just smash the signs down, I’m comfortable with either or.
This Government is waging a war on renters, it’s time Landlords saw providing a fellow citizen a home is an obligation in egalitarian NZ, not a profit making operation.
There are many, many, many excellent landlords who see their responsibilities with a tenant as a sacred duty to a fellow citizen, but there are also many venal slumlords who profit off desperation.
Let’s remind them, and the financial infrastructure of real estate agents and property managers, that they have just as much to lose as renters do.
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Yeah, lets have a revolution. Name date and time please. After the revolution; will property be nationalised and realty sales no longer an option? We we all become renters from the state?
When are we going to change from a property market, with an economy tacked onto it, to a mature economy?
There is also the role of banks in this.
Senior officials of Reserve Banks have admitted that banks create mortgages out of nothing. It is credit created by the bank.
It is counted into GDP as money and contributes to inflation.
Do not take my word for this. Read ‘Economic Futures, Climate Change and Modernity’ by International Economist Professor Ruth Irwin.
So when some Real Estate creature goes into a bank and says; ” I want to borrow three million dollars to buy some houses.’ The bank CREATES that amount of CREDIT (not actual money) and the creature buys the houses, leases them out. extracts the rents in REAL money, pays back the loan plus interest in REAL money,
and the bank replaces the IMAGINARY money it created with REAL money from you and me’.
Of course if the Real Estate creature fucks up and spends too much money on exotic lovers, flash sports cars, silly yachts and designer drugs the bank still wins because it gets the properties and can flog them off for REAL money.
RESTORE STATE SOCIALISM IN AOTEAROA! DEATH TO CAPITALISM!
Landlords and slumlords. Yep, that’s a big part of the problem. All renters deserve a fair go. The reality in NZ – and I’m not sure about other places but probably much the same – is that renting is the only option. Real estate has become overpriced, wages suppressed. I know of a few on good salaries in Auckland – albeit single income – who could only afford to buy in far flung places. And talking of those distant places I was in Bluff last week and talking to the hotelier got some insights into the real estate market there. Good stock aside almost everything for sale is a do-up, good bones but alot of work. $400k. But it seems many of these places are currently rented, if not in a near terminal state. Most likely considerably cheaper to rent than Wellington or Hamilton.
Who are the Bluff landlords? Reminds me of a Monopoly board. Exploit where you can afford to buy. But yes there may be some altruistic landlords who do the right thing.
The principal driver of scarcity benefitting landlords, property owners, property developers and the banks is mass immigration. It is self-evident that the higher the population, the greater the demand for assets (leading to inflated values) and the greater the levels of consumption. You wouldn’t need to build ever more houses to own and rent but for the policy of constant influx of new immigrants.
We need immigration to provide a willing work force .A large portion of NZ will not train or do manual work and just want to take not give .
Agree. All Landlords are vampires. Real estate agents are not working for the buyer and will not tell you anything bad . Tear down the smug sold signs. Make landlords have to pass a “how to be a landlord and what are renters rights” course every year.
Make Aotearoa Great Again. When a Aotearoa was great there was ninety percent home ownership and being a landlord wasn’t the kind of information people went out of their way to advertise about themselves.
There’s never been 90% home ownership in NZ .. dunno about Aotearoa.
I stand corrected 74% was the peak.
Future Aotearoa with 90% home ownership, so most people aren’t constantly living at the whim of the landlord! And a State Advances Corporation with low govt interest so most homeowners aren’t living at the whim of a banking cycle.
Cool new masthead!
We need immigration to provide a willing work force .A large portion of NZ will not train or do manual work and just want to take not give .
Yeah, 40 years of neo-liberal lack of regular full employment and low wages will do that to people. Train the work ethic out of people, de-skill them, don’t value their time, don’t apply enough capital to increase their productivity, destroy their community assets, treat them like they’re unwanted and uncared for by society. Have scrap heap of unemployed people and wonder why their labour turns into junk.
Mass immigration. You’re not wrong @ Mary Anne Evans. A simple equation of supply and demand.
Stewart Island a bit different. Just visiting. As one would expect not like Auckand, Hamilton, Wellington and Christchurch. I’m told that there are just over 400 permanent residents here but looking around Oban and surroundings at least 2000 residental dwellings, probably more, a few pretty flash. So for the most part most unoccupied, except for the fair weather months
No immigrants here – unless you count the odd Brit or Aussie. All driven by excess capital. Fair play many would say. Owning a holiday home or the odd lodge is not quite the same as managing a rental portfolio And exploring those in need. But it’s all excess capital that drives it. Truth is some folk have plenty, but most can only dream about it and a good many can’t even get into their own home.
That’s the way it is. Penalizing the wealthy is not the answer. But government regulation of the property market is. Level the playing field a little. Good luck with that!
“A large portion of NZ will not train or do manual work and just want to take not give ‘
I employed people for years Trevor. Never had a problem training kiwis or getting them to do manual work.
You obviously have not noticed that both Maori and Pakeha New Zealanders go all over the world and successfully work at all manner of jobs( including the UK where I remember incurring the resentment of poms for doing about three times as much as the idle bastards).
If you have a problem with kiwi workers it is because you are a bad employer without leadership skills.
‘There are no bad soldiers. There are only bad officers.” Napoleon.
Poor workmen blame their tools. Useless employers blame their staff.
So, put the representatives of the property owners up against the wall, but leave the property owners themselves and their system intact? And did Martyn not notice the contradiction between his statement that there are many excellent landlords and his quote from Lisa Simpson that they are societal parasites.
There are something like 30,000 real estate agents in New Zealand. It will be a challenge after the “actual revolution” finding them all honest jobs.
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