Spot on!Agree with you TMNT. I think its a bit of sensationalism journalism. C'mon "Sydney Property Guru"....really?
However smart marketing/spruiking for her business, but I don't think anymore than that.
We all know on here, the first property to buy, is always the hardest. Thanks to her powers of persuasion, Mum gifted by way of guarantor, so no outlay needed. Her real savings were used for the second property, with which capital gains from the first + rent return would have helped. It snowballs from there, and to her credit she is making it work.
In terms of the lay person, they don't get given the first start in that way.
Clearly this is a marketing piece - if i'm not mistaken she is a broker. Very similar to the profiles on the API magz.http://www.news.com.au/finance/real...ortfolio-aged-24/story-fndban6l-1227403856040
Shame Shame shame, I trust journalists as much as used car salesman, so it doenst surprise me, however
she's a self made property holder even though her family is rich
shes saved her deposits from significant pocket money
shes bought something from a $50k inheritance
Shes been to 23 countries and went to a prestigious private school
Parents as a guarantor