For nearly twenty years, Mark Lemon, has quietly got on with the job of building a serious property portfolio in regional South Australia.
Starting with his first purchase in Tailem Bend in around 2001, Mark has tackled four major renovations to build an impressive portfolio today.
‘I bought my first home when I was 38, for just under $40k, and set about fixing it up and paying it off’ explains Mark.
‘It was an old concrete Railway Home and it needed a tonne of work’.
At the time Mark was working in Santa Teresa in the Northern Territory and he would fly home for holidays to spend them on his latest renovation.
‘I would go away for work, save up my coin, and then come home and work like crazy on my holiday’s to finish a kitchen, floors or the laundry.
Pretty quickly Mark was able to finish this first home, so that when a neighbour and mate called him to let him know that another house #14, in the same street, was available, he grabbed it.
‘My second buy came with tenants and those guys have been there for more than 15 years’.
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