Creating $150K Passive Income, How Michael Did It

Michael Ong is building a cashflow machine. He's at $150k passive income between his property & stock portfolio. He plans to almost TRIPLE it for retirement. 

 

Michael has an amazing story, migrating to Australia from the Philippines and working hard in his career to fund his lifestyle and investments. 

 

In this episode learn how he built his portfolio, how his world view of economics shapes his decision making, his biggest regrets through the journey, his plans for property buying over the next 5 years, and the lessons he's teaching his son to create generational wealth.

 

 

 

 

 

 

 

 

 

 

Discussion Points:

00:00: Introduction

02:32: Michael’s migration story & buying in Sydney

11:38: Looking interstate for a secure future 

19:02: The aspirational game: minimising risk by knowing the market

24:31: Australian property undervalued?

33:20: Navigating the confusion, land is KEY

44:22: Michael’s 10-year outlook & parenting advice 

50:12: Conclusion 

 

 

  

About The Host:

 

Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

 

PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 

Resources:

• Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
• Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
• Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta

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