How this Investor Plays Monopoly in Real Life – Game Plan to Build Your Portfolio – Michael Xia

Show Notes

Have you met anyone that has 39 properties?

Nope, I didn’t think so.

No stress though, that is why you make friends with the Aus Property Investor Crew!

We bring you the people you want to sit down and have a chat with.

This one is going to be a bloody cracker, Michael Xia pretty much owns the monopoly board with 39 Properties.

He has places in Park Lane, a few on Kent Road and of course ensured he got a few on Strand!

What questions would you have for someone who has achieved so much?

Topics we’ll be talking about include:

  • How he has gone about buying all these properties, how he started. This one is bound to be juicy, insightful and actionable!
  • Lessons and insights he has learnt from buying property, what he did then [in 2013] vs now.
  • Identifying the fundamentals he considers when adding to his portfolio .
  • Finance strategies he uses to help him get ahead.
  • What is next in his journey?

 

Episode Highlights

9:18 First Property

23:29 What is your strategy around Property Investing?

28:22 What do you look for in a property?

39:53 What do you think about Principal & Interest?

41:30 Property Portfolio Building

49:08 What are some the mistakes that you did with your property Journey?

1:2:40 What is your strategy for asset selection?

1:18:10 How do you determine the appropiate amount of buffer to manage risk?

1:27:38 How many properties you can get if you start now with the new lending rules?

1:46:24 Why you invested only residential and why not commercial?

Episode Resources

Connect with Michael Xia – https://www.mortgagechannel.com.au/

Joe Tucker of Property Principles – https://propertyprinciples.com.au/

Other Guests On Our Lives

Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.

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