Buying a house is not easy, it requires a lot of sacrifice and, in many cases, financial support from your
parents or relatives. Yet it is a goal shared by many people. So how to proceed? The entrepreneur Eddie
Dilleen seems to have found a solution that, at 30, even allowed him to buy a
house. It is a great satisfaction for a son to help his parents after they have always supported him
Love. Eddie succeeded where many young people fail, not because of ineptitude, but because of a lack of
opportunity. Eddie reached the age of 30 with a considerable fortune of almost $ 20 million. How did he
do it? By buying real estate! To date, the Australian entrepreneur owns 43 houses throughout the country
and says that anyone can easily invest in the same way. The young entrepreneur, in fact, tries to dispel the
theory that it takes a lot of money to buy a house, as he has done many times, putting down a
deposit of only 5% of the total amount.
At 18, Eddie purchased his first one-bedroom apartment for $138,000 and rented it for $220 a week.

In
In short, the young man had the foresight, from the beginning, to invest part of his savings for a long-term gain.
Eddie advises everyone to start like this, evaluating three fundamental and essential factors
in any property: high yield, if the investment leads to capital growth and ensuring that the price
of the property is lower than the market value.

It is clear that you can not leave without thinking about investing: when she bought her first four properties,
Dilleen earned $ 50,000 a year and bought four more with a salary of $ 65,000 in 2016. However,
Eddie is living proof that you can go far even if you come from a modest family. In fact, the young
entrepreneur started like all young people: working at McDonald’s. “I come from a modest family, I grew up
in a difficult neighborhood and no one in my family owned a house,” Eddie said. “My mother
struggled to put bread on the table and we often bought second-hand clothes, it was a very difficult job

financial situation,” explains the young man. As mentioned above, Eddie did not buy a single property
but, contrary to the “old school” advice to pay off debts before making any other investments, the
young man immediately reinvested in other properties as soon as he was able to obtain further
income. Furthermore, he claims that buying a first home can be done with a minimum deposit of
5% and is therefore within everyone’s reach.