Hard work and determination pays off

Inspirational stuff from @Tony Fleming

Shows hard work and determination pays off.

All the best with the next stage of your journey mate.

He’s an unlikely real estate tycoon.

 

l love reading stories like this! I hate whinging stories.

 

....and then you read the comments....
same old, same old.

 

Pretty damn good!

 

Well done to him, but I hope he improves his diet or he won't be around long enough to enjoy his newfound freedom.

 

Hard work definitely pays off.

Good on him. Remarkable achievement!

 

Great achievement, especially at 28! I would love to know more details though. Always sceptical with articles that headline the number of properties owned.

Would love to know his total LVR on his portfolio. He would have to be pretty well leveraged considering his passive income? But in saying that $130k gross in passive income sounds great but think about all the maintenance and insurance on 13 properties. Maybe he's not going as well as first thought.

 

Well done Tony! Great to see someone who started on a low income put in the hard yards and achieve success.

 

his hard work and determination put me into shame
well done @Tony Fleming

 

“I worked 60 hours a week, some weeks for seven days straight, and lived with my parents,” Mr Fleming said.

Thats (part of) ^^^^^ what it takes.

Great effort and hats off to you mate!

 

I do have to say though this is a fairly poor article as it fails to discuss anything meaningful about the portfolio. What is the total LVR? What is the total debt? Where are all these properties? It mentions regional for the last few properties, but where? Are they one trick pony towns?

Taking nothing away from Tony, he is clearly an amazing and hard working person who I wish every success.

I just don't blame the people who write comments when the article has no substance behind it. The one thing it makes look good is Dominos...I'm hungry now.

 

Congratulations on your continuing success @Tony Fleming. You sacrificed a lot to be where you are and i know you worked very hard to get there. Looking forward to hearing more mate.

 

Article done exactly what it is supposed to.

Stir the emotions of half wits so they post defeatist comments, which they share, then their friends see it and also share, like etc while the article get read over and over generating advertising revenue.

 

Definitely not the typical 20 something's routine and well done to putting in the effort when most aren't doing it.

However, many people work 60 hours a week for much longer than a few weeks at a time when required.
Then you have people studying full time who also work multiple jobs for even longer hours than a full time employee would.
You gotta do whatever it takes to get to where you want to be.

 

Great Point!
I have much to learn about journalism. No wonder why i never read good news stories about finance right?
Pretty sure no one should have purchased a house in the past 10 years according to the media right?

 

Almost with out fail articles about finance written by journalists are inaccurate full of bias and misconceptions.

 

Meanwhile... these grasping, greedy four , try this on...

Tell 'em they're dreamin': High Court rejects politicians' bid for bigger pensions

Here's at least one thing Gillard did very well. Cut off a good portion of the ex MP gravy train. Maybe these four could deliver pizza's to supplement their low tax payer funded incomes and low tax payer funded flight entitlements ????

 

Good on him.
I wonder how the banks lent him enough funds with his occupation as a pizza guy?
Also interested to know what the Net income is after the interest, insurance, maintenance etc.