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 62: Property procrastination: the importance of finding help
Episode 61: The ins and outs of strata: what buyers should consider
Episode 60: The pros of using a buyer's agent: why this investor brought someone in
Episode 59: How to invest in property as a team: two investors share their secrets
Episode 58: When do you stop investing? The SPI Show answers more listener questions
Episode 57: Wealth creation through property: trends and themes to think about in 2017
Episode 56: The SPI Show accountant reveals all: How to pick your financial team
Episode 55: The reluctant property investor: How necessity drove an 18-property portfolio
Episode 54: The SPI Show Q&A: Listener questions answered honestly
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
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