Starting an 8-figure portfolio with just $7k
Can you kick off your property investing journey with just $7,000? This investor says it’s not as impossible as it sounds.
Smart Property Investment’s Grace Ormsby sits down with Yong Zhang, who walks us through how he jump-started his investment property journey by betting on the four figures in his bank account and his determination to build wealth through real estate.
The Sydney-based investor gives us a personal look at how he (along with his wife) learned the ropes of investing in property by overcoming the several hurdles they faced and celebrating the wins they experienced throughout the 10-year expansion of their portfolio.
Now with a portfolio valued at around $13 million, Zhang also imparts nuggets of wisdom they have collected over the years, including doing your homework, how to strategically use your equity for your next purchase and why learning should be a never-ending process for investors.
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