How maths tutor gets extra $150k a year for ‘nothing’ investing
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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meet the 13-year-old maths whiz who’s this year’s youngest HSC studentEthan Phillips is taking on Advanced Mathematics and Extension 1 Mathematics, making him the youngest HSC candidate in the state.
Read more »
‘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?
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:
Read more »
Radio personality Sarah McGilvray makes $2.7m lifestyle change - realestate.com.auRadio personality Sarah McGilvray has made a move to a popular inner west enclave after selling her Turramurra family home for a whopper price.
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?
Read more »
PropTrack forecasts price falls of up to 18 per cent across Sydney - realestate.com.auWhile rising interest rates and the soaring cost of living has already brought prices down across Sydney, new modelling shows the worst is yet to come.
Read more »