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To round out our chat with owner of Mortgage Channel, Michael Xia, we're reminded why it's crucial not to jump into murky waters without checking what's underneath. Or, in Xia's case, what's standing right in front of you on the street! What seems like the deal of the decade at the time can easily turn out to be a money trap, draining you of $70,000 before your very eyes. Despite hiccups along the way, Xia's portfolio continues to grow in leaps and bounds— maybe one day his cupboard office will, too! See acast.com/privacy for privacy and opt-out information.
To round out our chat with owner of Mortgage Channel, Michael Xia, we're reminded why it's crucial not to jump into murky waters without checking what's underneath. Or, in Xia's case, what's standing right in front of you on the street! What seems like the deal of the decade at the time can easily turn out to be a money trap, draining you of $70,000 before your very eyes. Despite hiccups along the way, Xia's portfolio continues to grow in leaps and bounds— maybe one day his cupboard office will, too! See acast.com/privacy for privacy and opt-out information.
Michael Xia is the owner of Mortgage Channel, an award-winning mortgage broking firm, and a portfolio containing 39 properties at just 37 years of age. Having accumulated 14 of those properties by 30 years old, it's safe to say property is most definitely his passion.In this episode he explains how he went from not knowing how somebody could invest interstate to knowing a town he'd never been to like the back of his hand! Weighing up the chances of his corporate career helping him achieve his goal of financial freedom, he realised it wasn't going to cut it, and gave his dream a crack instead. While it wasn't all beer and Skittles along the way, it certainly paid off in the end— but not before he found out the importance of identifying his goals, and chipping away at them to get the chiseled six pack (of sorts) he'd always wanted. See acast.com/privacy for privacy and opt-out information.
Michael Xia is the owner of Mortgage Channel, an award-winning mortgage broking firm, and a portfolio containing 39 properties at just 37 years of age. Having accumulated 14 of those properties by 30 years old, it's safe to say property is most definitely his passion.In this episode he explains how he went from not knowing how somebody could invest interstate to knowing a town he'd never been to like the back of his hand! Weighing up the chances of his corporate career helping him achieve his goal of financial freedom, he realised it wasn't going to cut it, and gave his dream a crack instead. While it wasn't all beer and Skittles along the way, it certainly paid off in the end— but not before he found out the importance of identifying his goals, and chipping away at them to get the chiseled six pack (of sorts) he'd always wanted. See acast.com/privacy for privacy and opt-out information.
Michael Xia is an award-winning mortgage broker by day— and, these days, by night as well! As the owner of Mortgage Channel, he's highly regarded in his industry and among his peers, earning Choice Platinum Achiever for 5 years in a row (so far!). A property investment aficionado, he spends what spare time he can find searching for investment properties and the dream principal place of residence for his growing family. From purchasing his first property at just 21 years old to now owning 39 properties before even turning 38, Xia certainly knows his Logans from his lemons.In this episode Xia shares the ups and downs from his young life and the beginning of his property journey. Looking back fondly on his uni days (where he spent as little time at uni as possible) and a little less fondly on his early corporate career, Xia's story is full of entertaining tangents that always end in wise words. His inspiring tale reminds us that it's never too late to chase your dream, regardless of how many false starts you had in the beginning— and that when the unexpected happens, it's never your first suspect. See acast.com/privacy for privacy and opt-out information.
Michael Xia is an award-winning mortgage broker by day— and, these days, by night as well! As the owner of Mortgage Channel, he's highly regarded in his industry and among his peers, earning Choice Platinum Achiever for 5 years in a row (so far!). A property investment aficionado, he spends what spare time he can find searching for investment properties and the dream principal place of residence for his growing family. From purchasing his first property at just 21 years old to now owning 39 properties before even turning 38, Xia certainly knows his Logans from his lemons.In this episode Xia shares the ups and downs from his young life and the beginning of his property journey. Looking back fondly on his uni days (where he spent as little time at uni as possible) and a little less fondly on his early corporate career, Xia's story is full of entertaining tangents that always end in wise words. His inspiring tale reminds us that it's never too late to chase your dream, regardless of how many false starts you had in the beginning— and that when the unexpected happens, it's never your first suspect. See acast.com/privacy for privacy and opt-out information.
Australian Property Investor Stories | Investment Conversations
Listen to the full episode here: https://player.whooshkaa.com/episode?id=376211 Michael Xia the founder of Mortgage Channel has a portfolio of over twenty properties thanks to his strict mindset and conservative approach when it comes to investing. Focused on helping his clients achieve the same success, we’ll learn about the strategies and processes Xia goes through when dealing with customers before delving into the nitty gritty details about how he got into property. We’ll learn about the interesting reasons why Xia doesn’t consider property a passion of his, the conservative rather than risk taking opportunities that have landed him success and why he prefers to the strategy of buying and holding rather than flipping and selling. Following this we’ll delve further into his personal story by talking about the property investors he met along the way, the mentors that inspired him, the ups & downs he’s had and much much more.
Michael Xia the founder of Mortgage Channel has a portfolio of over twenty properties thanks to his strict mindset and conservative approach when it comes to investing. Focused on helping his clients achieve the same success, we’ll learn about the strategies and processes Xia goes through when dealing with customers before delving into the nitty gritty details about how he got into property.We’ll learn about the interesting reasons why Xia doesn’t consider property a passion of his, the conservative rather than risk taking opportunities that have landed him success and why he prefers to the strategy of buying and holding rather than flipping and selling. Following this we’ll delve further into his personal story by talking about the property investors he met along the way, the mentors that inspired him, the ups & downs he’s had and much much more. See acast.com/privacy for privacy and opt-out information.
Michael Xia the founder of Mortgage Channel has a portfolio of over twenty properties thanks to his strict mindset and conservative approach when it comes to investing. Focused on helping his clients achieve the same success, we’ll learn about the strategies and processes Xia goes through when dealing with customers before delving into the nitty gritty details about how he got into property. We’ll learn about the interesting reasons why Xia doesn’t consider property a passion of his, the conservative rather than risk taking opportunities that have landed him success and why he prefers to the strategy of buying and holding rather than flipping and selling. Following this we’ll delve further into his personal story by talking about the property investors he met along the way, the mentors that inspired him, the ups & downs he’s had and much much more. See acast.com/privacy for privacy and opt-out information.
Australian Property Investor Stories | Investment Conversations
Listen to the full episode here: https://propertyinvestory.com/future-proof-growth-michael-xia/ Michael Xia is the founder of the Mortgage Channel. He will divulge why it’s not where to buy but how to buy when researching properties. You’ll discover how Xia future-proofs his growth for the long term, the strategy he suggests to secure $100,000 a year for retirement and how to research to find the best deals! Also discover how to attain finance help from different tiers of lenders, the resources you can use to make informed choices on what property to buy and why when you’re starting your journey, having a strong team around you is paramount to your success.
Australian Property Investor Stories | Investment Conversations
Listen to the full episode here: https://propertyinvestory.com/future-proof-growth-michael-xia/ Michael Xia is the founder of the Mortgage Channel. He will divulge why it’s not where to buy but how to buy when researching properties. You’ll discover how Xia future-proofs his growth for the long term, the strategy he suggests to secure $100,000 a year for retirement and how to research to find the best deals! Also discover how to attain finance help from different tiers of lenders, the resources you can use to make informed choices on what property to buy and why when you’re starting your journey, having a strong team around you is paramount to your success.
Michael Xia is the founder of the Mortgage Channel. He will divulge why it's not where to buy but how to buy when researching properties. You'll discover how Xia future-proofs his growth for the long term, the strategy he suggests to secure $100,000 a year for retirement and how to research to find the best deals!Also discover how to attain finance help from different tiers of lenders, the resources you can use to make informed choices on what property to buy and why when you're starting your journey, having a strong team around you is paramount to your success. See acast.com/privacy for privacy and opt-out information.
Michael Xia is the founder of the Mortgage Channel. He will divulge why it’s not where to buy but how to buy when researching properties. You’ll discover how Xia future-proofs his growth for the long term, the strategy he suggests to secure $100,000 a year for retirement and how to research to find the best deals!Also discover how to attain finance help from different tiers of lenders, the resources you can use to make informed choices on what property to buy and why when you’re starting your journey, having a strong team around you is paramount to your success. See acast.com/privacy for privacy and opt-out information.
Michael Xia continues explaining his no-nonsense approach to property investing that almost entirely limits his risk. Through focussing on the best deal, rather than the best location for his property investments, Xia makes sure that there is always a cost safety next for his deals.Xia also advises the balance of your two most important resources as a property investor; your servicing - how much the bank will lend you, and your equity; how much savings you can use towards your next investment.Discover what you limits are, and how you can safely overcome them in the podcast below!
Michael Xia continues explaining his no-nonsense approach to property investing that almost entirely limits his risk. Through focussing on the best deal, rather than the best location for his property investments, Xia makes sure that there is always a cost safety next for his deals.Xia also advises the balance of your two most important resources as a property investor; your servicing - how much the bank will lend you, and your equity; how much savings you can use towards your next investment.Discover what you limits are, and how you can safely overcome them in the podcast below!
Michael Xia, founder of Mortgage Channel; a property investor advice and support company, has slowly built his way to success through careful calculation and long-form strategies.
Michael Xia, founder of Mortgage Channel; a property investor advice and support company, has slowly built his way to success through careful calculation and long-form strategies.