Adelaide Youngest Property Tycoons
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MEET one of Adelaide youngest property tycoons who’s proving at just 27, that it is possible for young professionals to get on the housing market.
Giuseppe Belcaro, from Adelaide, has 13 properties worth more than $7.3 million — including three on Sydney’s northern beaches, and two in Queensland.
Not only that, but the entrepreneur has built his enviable portfolio in just under five years.
MR Belcaro has not been given any cash by his parents, though he did go to university and graduated as a Lawyer in 2013. Giuseppe is even aiming to retire by 35 and travel the world.
Mr Belcaro said his success proves that it is still possible to buy property in just about anywhere is Australia.
His success and attitude are a direct challenge to others who believe otherwise, particularly in light of recent comments by Federal Liberal Treasurer Joe Hockey to “get a good job that pays good money” if you want to buy a home.
“I think the reason why people think they cannot buy property is because they want a multi-million dollar house now. You’ve got to start somewhere and build it up,” he said.
“Start small, buy a unit so you have got something behind you.
“I would definitely try and save, and you can pay 5 on a deposit and pay mortgage insurance if you want to get into the market.”
This is a satirical website. Don't take it Seriously. It's a joke.
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