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 74: How this investor plans to double his portfolio within 10 years
Episode 73: Bad builders: how this investor bounced back
Episode 72: Policy changes to interest-only loans: what buyers need to know
Episode 71: How this 'stubborn' investor recognised a property lemon
Episode 70: How this investor complements each property and balances his portfolio
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
Episode 68: Special episode: audience discussion live from the Property Buyer Expo
Episode 67: Don’t get ‘caught up in the now’: an expert reveals his tips for success
Episode 66: Wealth distribution: how should you manage your money?
Episode 65: Real estate agents: what separates the good from the bad?
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