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In this episode we speak to one of the most humble and modest Property investors in Australian Real Estate - Michael Xia. Michael has managed some incredible achievements over the past 15+ years, namely building a property portfolio of over 80 properties worth (at last count) $68,000,000+ how do we know this? He sent through the spreadsheet before we went on air of each purchase... incredible.
Oh, and he has also managed to be one of the Top 25 Mortgage Brokers Australia wide in 2024 by loans settled according to MPA - no small feat.
In this chat we discuss the following:
- The mistakes Michael made in his first few purchases that set him back years.
- His pathway out of school, and why it took him 8 years to finish his university degree.
- The sliding doors moment that changed everything - meeting and being mentored by his Mortgage Broker.
- Where and what Michael bought in the early years and how he manufactured equity.
- Michael's investing philosophy and the way he was able to pick markets before most people.
- Michael's unorthodox rules for success.
- How he grew his mortgage broking business to fund his investing goals.
- How his investing strategies changed the deeper he got into his portfolio.
- The experiences, lessons and learnings from Michaels journey that you can apply to your portfolio today.
- Plus much more!
To check out more about Michael and the work he and his team do, checkout:
https://www.mortgagechannel.com.au/
Don't forget to check out the summary post on our Instagram we just posted which covers what we discuss in this chat.
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Website (Coming soon)
Disclaimer: The topics, conversation, opinions and discussion provided in this episode are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.
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