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Queensland Real Estate: How a 23-year-old college graduate won a home

Yenti Kushor worked full-time while in college and ran two successful businesses to gain an economic advantage.

A college graduate who bought his first home at the age of 23 wants young Australians to know that anything is possible.

In August, five days before his 24th birthday, Yenti Kushor bought a Queensland townhouse for $ 570,500.

“There was no help from my parents or siblings,” she told news.com.au. “Inspiring people to do this is my own goal.”

Despite his impressive achievements, Kushor is not completely satisfied.

“I started my own investment company, thinking I would have invested in some homes,” she said.

She plans to buy four more properties before she turns 30.

Kushor’s purchase trip was more unusual than others.

She won her first home by studying full-time, working full-time, and bystanding her business.

Born in South Africa, Kusho grew up in New Zealand, his father lived in Queensland, and started his own business at the age of 15.

“I started an online e-commerce business because I wanted to make extra pocket money,” she explained.

Called WhY Boutique, she created an online store that sells designer-branded clothing imported as a teenager.

Advertised using social media, she managed to sell to 1000 customers.

But after graduating from high school, she became more ambitious and started another business.

At the age of 18, he launched Odd Job Bob, a handyman services worker employment company.

Around the same time, Mr. Kusho received a bachelor’s degree in business administration from the University of Auckland.

There she met her long-term partner, Dylan Thompson. He helped her perform an odd job bob.

While still a student, she won a job at Korn / Ferry, a leading international management consulting firm.

“I worked full time and started management consulting while I was in college,” she said. “I wanted to move on.”

Overall, she estimates that she spent about 60-70 hours studying and working each week during that time.

“It might have been a lot more, but I ran the business very smartly where it turned over on its own,” she added.

“I had an account and an administrator (running Odd Job Bob).”

Kushor earned a three-year degree in 2019. So she decided to sell her business and increased her savings “significantly.”

All efforts have paid off. When she wanted to buy her first home, she worked behind her for four years full-time and saved $ 150,000 for her name.

After earning a degree, the couple decided to move to Queensland.

“I thought I would take a break after selling the business,” she said. “I didn’t expect to go back to work with someone else.”

However, Ms Kushor subsequently took up a senior position at e-commerce aggregator Una Brands. This opportunity was too good to be missed. She started there in April.

Last month she settled in a two-bedroom, two-bathroom, double-garage townhouse in Benowa, Gold Coast.

It cost $ 570,500 with a 30-year loan, but she didn’t spend all her savings at once and planned to divert the rest to another property.

“Dylan and I plan to have 10 portfolios by the age of 30, and want to buy four more (each) over the next six years,” she said.

Her boyfriend is currently looking for his own investment property.

Mr. Kushor lived in a different location from Mr. Thompson and immediately took the renter to her townhouse.

“It’s been adjusted very positively. I don’t have to put a penny in it (mortgage),” she added.

Cash up

Created by financial adviser Ben Nash Cash up A 6-week free course at news.com.au helps Australians check their finances. Those who sign up for a budget boot camp receive a weekly, step-by-step challenge to improve their financial position.

By the end of the six weeks, participants will set a budget, develop a savings plan, learn how to invest and classify retirement pensions.

Interactive courses can be started at any time and are intended to help participants make more informed financial decisions.

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Queensland Real Estate: How a 23-year-old college graduate won a home

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