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!
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Australian Property Investor