podcast

How a poker night led to a terrible property investment

By Staff Reporter
The Smart Property Investment Show
0

Not all property doubles in value every seven to 10 years – something to which Michael Xia can testify to after buying a tiny studio apartment off-the-plan upon hearing about it at a poker game. So how has he turned this property lemon into portfolio worth over $4 million?

Michael joins The Smart Property Investment Show to talk about how he recovered from his problematic property choices to build a 14-property portfolio.

He also reveals to host Phil Tarrant his plans to get his passive property income up from $40,000 per annum to over $1 million.

Michael and @philliptarrant also discuss how there are winners and losers in property investment and what you can do to make sure you come out on top.

All this and much much more on this episode of The Smart Property Investment Show. Tune in now!

The Smart Property Investment Show gives you insight, strategies and tactics that every property investor can use.

In each episode, the Smart Property Investment team and its special guests will break down what’s happening in the world of property investment, how it affects everyday property investors and how they can take advantage of it.

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Listen to other instalments of The Smart Property Investment Show:
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
Episode 51: SPECIAL EPISODE: SPI team reveals all the financial details of its portfolio
Episode 50: 8 properties by 25: Former housing commission kid reveals how he changed his life and created wealth
Episode 49: How to build a sophisticated multi-property portfolio
Episode 48: ‘From just $2,000 in my pocket to 6 properties’
Episode 47: The SPI Show answers more listener questions: Special episode
Episode 46: 4 properties by 24 – how to build a portfolio without sacrificing fun, travel or food
Episode 45: Special guest Mark Bouris on what really makes property prices rise and when to invest
Episode 44: ‘11 properties by 31, now I’m stuck: What’s next?’
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