Whilst most eighteen year olds were lying somewhere half naked on a beach last week, Byron Bay, Bali and the Gold Coast had no pull on local Reddam House graduate Sam Goldstein, who had seemingly bigger and better plans.
“There are not many eighteen year olds that can call themselves property tycoons you know, but I’m not your average teenager.” And he’s not wrong. Sam is part of a small, eastern suburbs minority who had an opportunity too easy within their own homestead to turn away. One night last week whilst sitting around the family dinner table in their house in Dover Heights, Sam’s father, Dov Goldstein, formally invited the young entrepreneur to join the family business. Without lifting his finger, Sam became part of what some would describe as an empire, adding a modest fifteen houses and apartments around Sydney to his property portfolio. Watch out Meriton. “Property is all about who you know and I had plenty of experience networking in high school. I have already made some serious business connections, who are also son’s of wealthy jewish business owners, during my studies in year 9 and 10. Why struggle through a university degree if you’re already made right?” “No use hanging out with the schmucks that own the kosher bakery on Bondi Rd right? You can’t build an apartment complex with free bagels” That same weekend Sam’s dad took him to the city to have a new bespoke suit made in celebration of the acquisition and has since had new business cards printed on a quality 16 point cardstock. Later in the month, the Goldstein’s are set to open a new branch of Gold Property in Double Bay in addition to the original branch in Bondi Junction. Gold Property founder, Dov Goldstein says "It’s important that our business expands its reach to foreign and exotic areas like "Maroubra" and the recently discovered "Eastlakes".. and opening up a new office is the first step in that process, so we can strengthen our portfolio and increase our profits.” When asked how he felt about rising property prices in the Sydney market, the founder replied with “We have enough capital to make it work and who could be more qualified to manage these funds, this business and these properties than my newly graduated, eighteen year old son Sam.” Sam will be celebrating his new venture this weekend at Pelicano and has this advice to any other punters looking to tackle the property market. “Hard work is for meshuganas. Just go to a jewish school and knock back a few kiddish wines with the right crowd. It’s that easy.” Too true Sam. Too true. The Low Carb Local
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June 2018
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