A property investor has told how he bought his first house for £53k when he was just 19 years old and with student loans.
James Coupland, 27, split his debt on carpets and paint while his friends were spending on wine and takeaways.
He explained that he had brought his first property with only a 10 percent deposit of £5,300, but was forced to wait in a “dirty” house for his loan every month before starting work.
They told Mirror: “I was studying at university when I realized how much money the landlord was making by charging differently to rent a room from our student house.
“When I was buying paint and carpet all my friends were going out and buying Xboxes or new PlayStations.”
James of York was studying to become a clinical analyst and spent his two days at the university dissecting and examining bodies.
Other days were spent on her hands and knees trying to turn her estate dreams into reality – her £6,000 savings despite the cost.
But surprisingly his gamble paid off big time, and he has since bought eight more properties in Goole, East York.
The 27-year-old has them all for bargain prices ranging from £49,999 and £74,500.
Of the nine properties, he has bought and sold three and currently owns five more, which he has rented out to several occupants.
Some of them he sold or “flipped”, while others he keeps as HMOs (multiple occupants) who pay him the rent.
James refuses to say how much he earns from his estate empire, but says it is enough to make a living from it.
But he says that anyone can do it, but it will take time and effort.
He added: “If you’re lucky enough to have some money, you can do it but it’s not a quick fix, it takes time to replace a cheap house with a good standard of living.”
James now runs a massively popular Instagram page that provides handy property tips and tricks to his 70,500 followers.
He even runs his own tutoring course for those aspiring to get into the property game.
His adventures over the past eight years have forced him to become familiar with everything from planning permissions to government policies and requirements.
James has also had to brush up on building regulations and other issues he hopes property investors who visit his page should consider.
As well as setting up his own limited company for his estate endeavors, the investor also did and completed his Masters.