Читать книгу The Female Investor - Kate Hill - Страница 41

I bought the first three properties for my portfolio when I was single, earning an average wage.

My first one, in 2007, was when the Brisbane property market was going through a rare growth phase. There were buyers everywhere and not much stock on the ground. The deposit I had saved wasn't enough to secure me anything likely to improve my finance lot in life.

So my younger brother and I decided to buy something together, with some help from our parents, and I made peace with paying LMI to make it happen.

I bought my brother out of his share of that property a few years later. I ended up borrowing against that property twice more to add to my portfolio.

I recently sold that first one, which was a townhouse in a rather bland (at the time) middle‐ring suburb, and it has helped finance my dream property — a riverfront penthouse.