" A FORMER pizza deliveryman has become an unlikely real estate tycoon after buying 13 properties and “semi-retiring” at just 28 to live off his rental income.
Western Sydney resident Tony Fleming said he decided to hang up his apron at Domino’s Pizza earlier this month after the gross rental income on his property investments grew to more than $130,000 a year."
" Fast food worker nabs 13 homes
A renovation helped double the home’s value within a year, which allowed him to refinance his loan and draw equity out of the property to use as a deposit for subsequent property purchases."
" Fast food worker nabs 13 homes
Mr Fleming attributed his success to an unconventional buying strategy. He ignores his own property tastes and buys homes based purely on their rents and potential to increase in value. As their value grows, he draws out equity to leverage into his next property."
