 head to the gym. Just thought I'd quickly talk about one guy I've been watching on YouTube, his name's Nathan Birch. He's 30 years old and he's got 200 properties and he's Australian and he came from nothing and just worked his way up, grinded, grinded away, made the right decisions and made mistakes along the way but he has half a million dollars worth of passive income, retired when he was 24 and it's an amazing story but there's no fucking secret to it. He has three major keys in property investing. Number one is buying the property under market value. There's plenty of opportunities to do that. Now this place right here I probably made the mistake of buying off the plan. Now buying off the plan is pretty much never going to be under market value. There's so many added costs on there. There's commissions that people are earning through selling them. You're speculating on what the property is going to be worth before it's even bought so I wouldn't recommend that to be honest. I probably made a mistake to be fair but on my second property I believe I've got it under market value and also the second major key is buying in a good area, in an area that's going to grow. Now obviously you need infrastructure, you need good schools, hospitals, you need good incomes and you need a vacancy rate that's that's kind of low. The last thing you want is an empty house that's just costing you money. Now obviously you can get insurance policies put in place to cover loss of rents if that does happen but at the end of the day you want your property to have good tenants pay the rent on time and stay there forever. That's that would be ultimate so I bought a place that has people in place. There's a renter, there's tenants in there until next year. They've been there for a couple years so I'm hoping they just renew it and vacancy rates on the Gold Coast or around Kumara area are 1% or lower so that's really low. Basically that just means people want to live there. Now the third major key is crunching the numbers man. At the end of the day yeah let's talk about negative gearing. Okay yes there's tax benefits to negative gearing but of course you want a positively geared property. I mean that's also going to grow in value so what I'm trying to say is you want your rent, your rental income that you're going to earn from property to at least almost cover the mortgage if not cover it. So then in future years when your rent goes up that's going to create a positive cash flow. So at the moment I'll probably be putting about 40 to 50 dollars a week of my own money into maintaining this property but in two years time when the rent's gone up 50 bucks it's going to be neutral and in other two years it's going to be giving me money. Not only that but the value of the property would have gone up too so I'll get equity in the property. So you know this guy Nathan Birch has just done that over and over and over again and he's where he is now so obviously you've got to have an income, a decent income to actually facilitate the first few but as I said he retired at age 24 and he's 30 now and he has 200 properties with $500,000 worth of passive income coming in. Crazy. So anyway that's a dream. That is certainly something along the lines of what I want to achieve but for now I think we should probably go and train these pins, get a good pump so that's what we're going to do. You've got to say man I'm swagged out to the max right now. Just made this single it. Cut off the tea, cut off the fucking sleeves as you do. Makes a mean cut off tea. I mean you like something on the front of your t-shirt but your sleeves are fucked. Cut them off man, cut them off. Then we got the KDs, Kevin Durantz, look like a man. I actually bought my two pairs of gym shoes while I was in New Zealand last time so I guess now that I'm going back I must be doing new pair right? So I think that's the first thing I'll do. Let's buy some new shoes when I get there. Anyways fucking leg day. It's taking me about an hour to get ready so I'm not gonna lie. Not really feeling it. Haven't heard from my mate either. In fact I'll call him right now see what he says. And I must say my calves may be small but they do look kind of kind of shredded right now. I'm on it out back gym now. This is the gym where I get the meals from. I'll be hitting some legs then getting the meal. I'll give him one more chance before I go in and start killing it. Told me to do arms yesterday so he could do legs today otherwise I would have already had legs done. I'm gonna start with some stretching and mobility and from there I'll work into some squats then probably leg press, walking lunges and something for hamstrings so that's that's what I think the workout's gonna go like. But of course as always I'll go ham, I'll kill it. There's no doubt about it. It's just different exercises We got some goodies.