Property investor Colin Lee owns seven properties with a total value of $5m.
He worked three jobs at the time, including tutoring, to try amass the required deposit and stamp duty for the $505,000 price. His mum helped by chipping in half the deposit as a loan. His income was also higher after moving into a job with a property development company. He added that lower tier lenders, rather than the big banks, issued his latest loans.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Stop moaning and start owning’ is property millionaire’s advice to renters - realestate.com.auDon’t blame investors for Australia’s current rental crisis, says a prominent real estate investor who owns 40 properties. Thoughts? Let him stand in front of a crowd of people struggling with affordable housing and explain himself. I don't hate the player, I hate the Game. We have a rental crisis due to decades of GOV mismanagement, de-regulation, lack of oversight and banks allowed to do as they pleased. Lack of social housing. Property should be for housing people, NOT A SPECULATIVE INVESTMENT VEHICLE. Thats interesting when the collapse of the entire global financial system is on 🤔
Source: dailytelegraph - 🏆 21. / 51 Read more »
Welfare group calls for ban to ‘no pets’ policy in rental homes - realestate.com.auWelfare groups say there's been an increase in pet surrenders as the housing crisis forces tenants to choose between having a home or keeping their pet. FULL STORY: if they pay full rent they should get FULL benefits that includes fido the dog or mr snuggles the cat i bet my arse these landlords have pets!! No
Source: dailytelegraph - 🏆 21. / 51 Read more »
Mark Zuckerberg sells San Francisco home for record $44.5 million - realestate.com.auMark Zuckerberg has a large real estate portfolio across America’s west coast, but could this be the first sign that he is saying goodbye to San Francisco?
Source: theheraldsun - 🏆 17. / 59 Read more »