Grace Wears Lace: From OnlyFans to Real Estate Mogul
Grace, known online as "Grace Wears Lace," has rapidly ascended to millionaire status, primarily through her earnings on the adult content platform OnlyFans. In an impressive span of just one year, Grace earned $1 million and diversified her income by stepping into the realm of real estate investment.
Strategic Moves in Property Investment
Living in a two-bedroom apartment on the Gold Coast, which costs her $950 weekly, Grace aligns with the area’s steep housing prices, reflective of a 15.4% market increase over the past year. Her investments are not limited to her residence; she owns properties across Victoria and Queensland. One noteworthy acquisition was her first buy in 2020—a $650,000 three-bedroom house in a master-planned community west of Melbourne, which she rents out for $650 per week. Furthermore, her portfolio extends to a $650,000 unit in Melbourne and a $700,000 apartment in Brisbane, currently under construction.
Leveraging Financial Advice for Better Investments
Initially lacking experience in property investment, Grace sought the expertise of a local buyer's agent to identify lucrative opportunities. Her emphasis on due diligence, such as consulting financial advisers and thorough research, has been crucial in ensuring her investments are sound and profitable.
The Transition from Adult Content to Real Estate
The transition from a receptionist to a player in the real estate market was fueled by her unexpected success on OnlyFans. Grace's swift financial gains prompted an immediate need for intelligent investment, guiding her towards real estate. Her experiences as a tenant, including dealing with unresponsive landlords, also played a significant role in her decision to become an investor and a landlord, giving her a unique perspective on property ownership and rental management.
Long-term Benefits and Property Value Growth
Grace’s strategic investment choices have paid off, adding over $150,000 in value to her properties and positioning her portfolio for long-term profitability. Her journey underscores the potential of smart investments following rapid income growth from platforms like OnlyFans.
