How a single Perth mum bought THREE HOUSES in two years

A single Perth mum has revealed how OnlyFans has secured her children’s future, putting them onto the real estate property ladder — all before they have reached the tender age of 10.

Thanks to the spicy subscription service, Lucy Banks has ensured her primary school children will have a roof over their heads long after they have grown up and left home.

According to Daily Mail, Banks earns a whopping $2500 a day via the platform, allowing her to buy her third property in 15 months.

The 31-year-old bought her first house in 2021, began building her second in 2022 and has now saved enough for a deposit on her third “dream home”.

“I bought my absolute dream home for my kids and I. We’ll never move again, we’ll stay there forever,” Banks told the Daily Mail.

“It is massive and has room for all our family and friends there. Even some chickens! I’m really proud to have done this and shown my kids that mum will always make it work for them.”

Having built considerable business acumen since beginning her OnlyFans career, the banker-turned-model told PerthNow in 2022 that she had begun to pass her financial knowledge on to her two sons.

And it appears to be paying off.

“My eldest son did school banking earlier this year and immediately questioned his teacher about deposit interest rates,” she said.

“I wish I had that kind of financial acumen at 20, let alone before I was 10.”

However, Banks said it was her sons who took the first step towards joining the property market, contributing pocket money they had earned doing chores.

“My two kids both gave me $100 each to ‘invest’ in this new house; once we have tenants in it, they’ll both receive $5.50 each a week,” she said.

“My eldest came up with the idea and my youngest followed. It never even crossed my mind to include the kids in buying investment properties.

“But my eldest son is so excited and is constantly talking to me about how to maximise their investment.

“They have already worked out that by the time they are adults themselves, they will have enough for their own house deposits — all from this initial $100 deposit as children.”

Banks said the struggle was real as a single mum of two young kids to get into the property market as a new divorcee.

In 2019, the then-29-year-old corporate banker had grown apathetic about the day-in, day-out existence in an unfulfilling marriage and middling job in the banking industry.

Receiving a call from work on the day of her beloved father’s funeral was the straw that broke the camel’s back.

“That is the moment I realised how undervalued I was … I took just one day off for his funeral,” Banks told 7News.com.au.

She decided to ditch both her job and her marriage and took the unusual step of signing up as a model on OnlyFans.

Banks told PerthNow in 2022 that she didn’t want her children’s future to be as uncertain as hers was in the wake of her divorce — especially given the ongoing interest rate hikes.

“Buying a property is such a huge hurdle,” she said. “There is no way I could have bought a property as a single mother without OnlyFans.

“There are plenty of people that will judge me for my job but I am so grateful to be able to provide for my children so they don’t have to struggle like I have had to.

“My boys won’t be receiving hand-outs or trust funds — but I will put them through the best schools and I will help them be financially smart. The rest is up to them.”

While OnlyFans models such as Banks continue to cash in on stratospheric career success, experts warn of the potential repercussions facing content creators.

Recruitment companies have revealed they now include scouring the platform when they conduct background checks to see if the applicant is selling their content online.

ICE Recruitment director Margaret Cox told the Irish Examiner OnlyFans, much like all raunchy social media content, would be “an issue” for some employers.

“I have seen people not get jobs because of this,” Ms Cox said. “People forget how available social media is.”