Aus Property Investors Richard Morgan - How To Build a $30 Mill Portfolio From Zero
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Apr 23, 2025 Join Richard Morgan, an investor and broker who built a remarkable $30 million property portfolio over 20 years, as he shares invaluable insights from his journey. He discusses essential strategies for beginners, the power of collaboration and mentorship, and the importance of long-term thinking in investments. Richard also dives into advanced tactics like debt recycling and navigating market cycles. Listeners will discover how persistence and motivation are crucial for achieving financial success in property investment.
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First Property Purchase Story
- Richard Morgan started investing with a $25,000 car sale profit and first home buyer grant as his deposit.
- His first purchase was a unit in Richmond in 2006, which he still owns and has grown in value significantly.
Strategic Equity Use Advice
- Use an 80% loan-to-value ratio strategy and pull out equity only when ready to buy the next property.
- Avoid over-leveraging; pull equity when needed to make the next purchase happen.
Modern Portfolio Building Advice
- In today's finance climate, high-income earners must consider trusts as a strategy, but it's complex and risky without experience.
- You'll face limits related to serviceability or capital requiring career focus to increase income and unlock borrowing capacity.
