Adem Assad

Man flips houses to be mortgage free at 30

PHOTO: “I had three jobs at age 18 – I was working as a store manager at Subway, waiting tables and working at McDonald’s,” Mr Assad said.

A Melbourne man has worked at a relentless pace to transform a home a year since he was 18 and now lives in a house worth almost $1 million.

Adem Assad has flipped a property a year since he was 18, knocking out 12 renovations by the time he was 30 and now living mortgage free in his almost $1 million thirteenth home.

Mr Assad, now 31, said his relentless pace was born of a minor OCD that drove him to do things “then and there”, and growing up in a three-bedroom home in a family of seven.

While he got his start updating a $324,000 property alongside his parents, it wasn’t a free ride.

“I had three jobs at age 18 – I was working as a store manager at Subway, waiting tables and working at McDonald’s,” Mr Assad said.

He also cleaned cars around his neighbourhood as a “side hustle” and trained as a real estate agent after finishing high school but “being just the middle man wasn’t enough”.

The first home he worked on they “ripped out the carpets and retiled the kitchen”.

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