How a poker night led to a terrible property investment
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.
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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!
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