How This 61 Year Old Doubled His Portfolio Value to $9.6 Million in 2024

In this week's episode, Sammy Gordon sits down with Peter Wandl: a seasoned property investor with grit, vision, and a serious track record. With a $9.6 million portfolio across 11 properties and $5 million in equity, Peter’s journey is the epitome of hustle, resilience, and smart strategy.

From fixing up toys on weekends as a kid to navigating the GFC after losing half his super, Peter's path has been anything but linear. He shares how he went from taking advice from traditional financial planners and buying underperforming house-and-land packages, to finally taking control, doing the hard yards himself, and eventually partnering with APS in February 2024. Now a mentor client with an impressive portfolio, Peter’s influence extends beyond his own success, he inspires his family and everyone around him to chase a better future.

School of Property is the ultimate education destination to master property investment, with a curriculum meticulously designed and crafted with both beginners and experts in mind. Whether you are a complete novice, or you’re ready to take things to the next level in your portfolio, this is the program for you! To find out more, head to www.schoolofproperty.com.au.

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Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice.

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Chapters:

(01:45) Welcome

(07:20) Property across the generations

(19:45) A career shift sparked at a BBQ

(25:57) Missed chances on the field

(31:25) What the market cycle really means

(43:19) Tough times that shaped the path

(52:53) The Salisbury deal gone wrong

(01:04:09) Going all-in on one strategy

(01:10:10) Running the numbers on profit

(01:12:32) Lessons learnt from past mistakes

(01:22:19) Selling to move smarter

(01:38:35) Importance of starting

(01:45:50) Staying focused on the bigger picture

(01:53:59) Why learning never stops