By Sahil Makkar For Daily Mail Australia
Published: 13:11 BST, 17 June 2019 | Updated: 13:11 BST, 17 June 2019
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A young tradesman who bought his fourth property at the age of 22 without any help from his parents attributes his success to working long hours, saving hard and buying smart.
Norbert Kaess, a 22-year-old tiler from Queensland, also puts down his success in the property market to investing in run-down homes he can renovate and rent out.
Mr Kaess started saving for his first home soon after graduating high school.
The ambitious worker was 20 when he made a deposit of $20,000 on his first property in West End, an older suburb in Townsville.
Tradesman Norbert Kaess (pictured outside his fourth property in Brisbane) started investing when he was 20
1. Use a mortgage broker
2. Don't buy brand new
3. Look for deceased or repossessed estates
4. Buy on multi-use land
5. Pick your first property wisely
Source: Norbert Kaess, as quoted by realestate.com.au
He said he sacrificed his weekends and worked long and hard hours to scrape together the cash.
'I would still go out with friends on a Saturday night, but instead of being hungover in bed on Sunday I'd be hungover at work,' Mr Kaess told Townsville Bulletin.
Mr Kaess, who is now earning $1,600 a week in rental yield, said Townsville was the perfect place for young buyers to invest.
Mr Kaess bought his second property in Belgian Gardens at the age of 21, before
