I'm a high school dropout who now owns more than 70 homes worth $43million... these are the two simple tricks that made me a property juggernaut
Daily MailA high school dropout has revealed how he was able to amass a massive property portolio worth $43million in a little more than 10 years. A clever two-part purchasing strategy meant Mr Gordon was able to continuing buying homes until he finally quit his farm job at 28. Mr Gordon explained his first key to success was buying properties in high rental return areas for below market value by taking on homes 'most people wouldn't touch'. Sam Gordon quit his job as a farm labourer at just 28 years old after building a massive property portfolio Mr Gordon earns $2million a year in passive income and just signed the contracts for his 76th property 'The trick then is to take out the equity I've created by refinancing the loan and using that money for the next project.' Mr Gordon began saving for his property when he was just 16-years-old and earning $38,000 to help on farms After renovating the unit at Wollongong himself, Mr Gordon was able to use the equity on the property to buy another - a unit in Moss Vale.
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