#009 - How to Build A Multi-Million Dollar Property Portfolio 2024 🤔😱

04/23/24 • 8 min

On this episode of the Passive Property Investor podcast, Jerry Parker shares valuable insights on building a multi-million dollar property portfolio. He emphasizes the importance of strategic entry points, such as buying property below market value near new infrastructure. Jerry also highlights the significance of careful asset selection for long-term success in property investment. Tune in to learn how to leverage these strategies to grow your wealth through real estate investing.

Ready to avoid property mistakes and build your multi-million dollar portfolio with Jerry's Expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433

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Timestamps:

00:00:00 - Introduction

00:00:53 - Entry Strategy for Property Investment

00:03:47 - Building a Support Team

00:04:50 - Effective Property Management

00:05:42 - Deal Flow and Long-Term Planning

00:06:15 - Infrastructure-Based Investment Strategy

00:07:30 - Advantages of Off-Plan Land Purchase

Follow Passive Property Investor:

https://www.instagram.com/passivepropertyinvestor

www.youtube.com/@PassivePropertyInvestor

https://www.facebook.com/profile.php?id=61556234265846

https://www.tiktok.com/@passivepropertyinvestor

Timestamps:

00:00:00 - Introduction

00:00:53 - Entry Strategy for Property Investment

00:03:47 - Building a Support Team

00:04:50 - Effective Property Management

00:05:42 - Deal Flow and Long-Term Planning

00:06:15 - Infrastructure-Based Investment Strategy

00:07:30 - Advantages of Off-Plan Land Purchase

Previous Episode

#008 - 10 Biggest Mistakes Property Investors Make! 😱🛑

In this episode of the Passive Property Investor podcast, Jerry Parker discusses the 10 biggest mistakes property investors make. He emphasizes the importance of not listening to non-professional advice when building your investment team and warns about banks lending too much money. Jerry encourages listeners to consider their tax bracket and time spent working for money, highlighting the benefits of investing in real estate to achieve financial freedom. He also touches on the concept of "lazy equity" in your home as a potential investment opportunity.

Ready to avoid other property mistakes with Jerry's Expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433

Follow Passive Property Investor:

https://www.instagram.com/passivepropertyinvestor

www.youtube.com/@PassivePropertyInvestor

https://www.facebook.com/profile.php?id=61556234265846

https://www.tiktok.com/@passivepropertyinvestor

Timestamps:

00:00:00 - Introduction

00:00:11 - Understanding Bank Lending Risks

00:01:04 - Mistake #1: Not Investing at All

00:02:07 - Mistake #2: No Financial Goal

00:03:00 - Mistake #3: Borrowing Too Much

00:03:44 - Mistake #4: Choosing the Wrong Location

00:05:09 - Mistake #5: Buying Fully Depreciated Properties

00:06:04 - Mistake #6: Overpaying Due to FOMO

00:06:57 - Mistake #7: Solely Using Real Estate Websites

00:08:01 - Mistake #8: Listening to Non-Investor Friends and Family

00:09:06 - Mistake #9: FOMO in a High Market

00:10:09 - Mistake #10: Not Maximizing Tax Advantages

Next Episode

#010 - How Property Investment Beats Cash! 💰🏡

In this episode of the Passive Property Investor Podcast, host Jerry Parker challenges the traditional belief that saving money is the key to building wealth. He argues that cash is essentially debt due to inflation rates and the government's printing of money. Jerry emphasizes the potential of property investment as a way to grow wealth, highlighting the stability and growth of the property market compared to holding onto cash. Tune in to learn more about shifting your mindset from saving to investing for wealth building.

Ready to build your multi-million dollar portfolio with Jerry's Expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433

Follow Passive Property Investor:

https://www.instagram.com/passivepropertyinvestor

www.youtube.com/@PassivePropertyInvestor

https://www.facebook.com/profile.php?id=61556234265846

https://www.tiktok.com/@passivepropertyinvestor

Timestamps:

00:00:00 - Introduction

00:00:52 - Misconceptions About Debt and Saving

00:01:55 - Investment Options in Australia

00:03:19 - Stability of the Property Market

00:04:33 - Benefits of Real Estate Investment

00:05:16 - Comparing Property and Stock Investments

00:06:10 - Advantages of Property as an Inflation Hedge

Passive Property Investor - #009 - How to Build A Multi-Million Dollar Property Portfolio 2024 🤔😱

Transcript

00:00:00.107

When you have one big piece of risk at the bank, or if you have two smaller ones, you look less risky. And that gives you the ability to get more money from the bank. You need a property analyst, you need a banker, you're a lawyer, mortgage brokers. It's the people around you that make you. So you've got X amount of money that you can invest. I would choose. After three years, you will have a multimillion dollar portfolio. Welcome to the Passive Property Investor podc