Single mum with 15 homes shares her secrets to building a real estate empire – and claims it can be done while earning less than $90,000 a year
- Single mother racked up 15 properties in five years
- Anissa Cavallo is the founder of Eda Property Group
- She helps another woman to invest money in properties
A single mom who bought 15 properties in five years has shared her secrets for building a real estate empire while earning less than $90,000 a year.
Anissa Cavallo, founder of Eda Property Group, said Australians who simply have a job or are ready to find one are already eligible for the property market.
The mother-of-two now owns a portfolio of 15 properties made up of houses and land across Victoria, despite “losing everything” in a divorce in 2018.
Ms Cavallo says people earning $90,000 a year or less can still buy investment properties, having done so herself while earning $50,000 a year.
“Not everyone is capable of buying 15 to 20 properties, but if you are ready to find a job, you can have one or two,” she told the Sun Herald.
A Melbourne mum who has racked up up to 15 properties has shared her secrets to building a property empire while earning less than $90,000 a year.
Ms Cavallo bought her first apartment in St Kilda, a seaside suburb of Melbourne, before moving into a second investment property with his brother.
She said that despite losing both properties after her divorce, she remained committed to expanding her property portfolio.
In 2018, while living with her parents with her two children, Ms Cavallo bought a property “at a very good price” in the regions of Victoria.
After starting to earn over $90,000 a year, she sought advice from a real estate advisory group, but couldn’t find one that was right for her.
His fifteen properties cost him between $300,000 and $750,000.
Ms. Cavallo came up with the idea of starting her own business that offers her clients tailored advice for those who want to “create wealth through real estate investing”.
The real estate guru advises clients with less than $90,000 a year that buying an investment property might actually cost less than living in their rental property.
She says the cost of an investment property could sometimes be covered by rental yield and tax benefits in a strategy she calls “rental acquisition”.
Anissa Cavallo, founder of Eda Property Group, said Australians who simply have a job or are ready to find one are already eligible for the property market.
The founder of the real estate consulting agency is passionate about helping her clients, especially single women, achieve their real estate goals and find safe housing.
When choosing where to buy, prospective homeowners should consider how quickly the area is growing and how quickly their wealth is growing, advises Ms Cavallo.
She says homes with a land element are generally better investments than townhouses and apartments in smaller buildings.
This mother of two is passionate about helping her clients, especially single women, achieve their real estate goals and find safe housing.
Ms. Cavallo recommends that her clients invest their money in cheaper new construction in the suburbs or in country towns.
“I rebuilt beyond where I was before. I have fifteen properties, I have other investments,” she told 7News in July.
“I can show them what they have to do in practice and I tell women that all they need is a job or the will to get one.”
So far this year, Ms. Cavallo has helped 20 women purchase investment homes.
