Title: Comedian Reveals the Secret of Success in Owning 4 Properties
Comedian Kim Kyung-jin gained popularity not only in comedy programs but also in movies and dramas for his role as a beggar character, earning the nickname “National Beggar.”
However, his portrayal was not just acting. In reality, he faced financial difficulties and even experienced a power outage for over three months due to unpaid electricity bills.
Despite his challenges, he worked hard, saved money, and even surprised his wife by gifting her a house worth 160 million won when they were about to get married, showing his romantic side.
Currently, Kim Kyung-jin owns a total of four properties in Itaewon, Eunpyeong-gu, and his residence, with a total value of a whopping 2.3 billion won, which increased by 700 million won in just a year.
He shared his advice, saying that it is essential to socialize with real estate owners and pay attention to areas like Hoehyeondong, which are close to Seoul Station and Namsan.
In addition to his main career, Kim Kyung-jin revealed that he raises expensive turtles as a side business, with each turtle laying 8 to 10 eggs per breeding, fetching prices ranging from 1 to 1.5 million won each.
When comedian Yang Se-hyung jokingly threatened to report him for illegal activities, Kim Kyung-jin clarified that he possesses certification for the endangered species, making his sales legitimate.
Despite his wealth, Kim Kyung-jin remains humble, stating that as a comedian, he only needs to make people laugh and does not see the need for expensive clothes. He emphasized living frugally and maintaining simplicity.
However, it was later revealed that when considering various loans and the security deposit he had to return to tenants, his debt amounted to 1.44 billion won, leaving him with only 900 million won of his 2.3 billion won assets.
Kim Kyung-jin started learning about real estate from scratch when he had zero income and invested in a 200 million won property with a loan, which later doubled in value to 400 million won due to a fortunate market trend. He continues to study and improve his knowledge.
He expressed that while real estate is important, his priority now is starting a family, with a focus on having children through in vitro fertilization. He requested prayers for his wife, who is going through a tough time.
Online users praised Kim Kyung-jin for his achievements in collecting four properties, complimenting his wife’s choice and encouraging him to work hard to pay off his debts and succeed.