Weighing It Up: Michael Xia on Gaining $10M in Equity in 9 Years

Michael Xia is the owner of Mortgage Channel, an award-winning mortgage broking firm, and a portfolio containing 39 properties at just 38 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.