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Investor story: ‘From just $2,000 in my pocket to 6 properties’

By Reporter
02 November 2016 | 1 minute read
wallet with cash

Property investor Michael Ossitt reveals how he went from having just $2,000 to his name to owning a multi-property portfolio, and what you can learn from his financial transformation.

On this episode of The Smart Property Investment Show podcast, Michael and host Phil Tarrant also discuss if investing in your own backyard is always a mistake, and how you can tell the difference between cosmetic issues and serious structural faults in a property.

All this and much more on this episode of The Smart Property Investment Show.

Tune in now!

If you have any questions you want answered by the team or if you would like to appear on the show, please get in touch: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Make sure you never miss an episode by subscribing to us now on iTunes.

 

Listen to other instalments of The Smart Property Investment Show: 
Episode 47: The SPI Show answers more listener questions: Special episode
Episode 46: 4 properties by 24 – how to build a portfolio without sacrificing fun, travel or food
Episode 45: Special guest Mark Bouris on what really makes property prices rise and when to invest
Episode 44: '11 properties by 31, now I'm stuck: What's next?' 
Episode 43: 22 properties by 30: Can Generation Ys build massive portfolios?
Episode 42: SPECIAL EPISODE: All your burning property investment questions answered
Episode 41: 14 properties and $13,000 cash flow positive: how this investor did it
Episode 40: How I achieved financial freedom in the face of divorce
Episode 39: $2 million in just five years: SPI porfolio update
Episode 38: Identifying an under market value property: buyer's agent reveals all 
Episode 37: How to find - and keep - the perfect tenant 
Episode 36: How to get the best properties for the best price
Episode 35: Top investors reveal how to reduce your interest rates and borrow more money 
Episode 34: 4 properties in 4 months: The SPI Show gives the inside scoop on its portfolio
Episode 33: How we’re creating wealth for our young family: Investor reveals how real-life mum and dads invest 
Episode 32: From family tragedy to successful young investor: 'How I did it' 
Episode 31: How to beat other investors
Episode 30: How you can be millions in debt and loving it
Episode 29: How to succeed where other investors fail: real estate mogul reveals all
Episode 28: How a poker night led to a terrible property investment
Episode 27: Australian test cricketer reveals all about his property portfolio
Episode 26: 'How we bought 11 properties in less than 5 years': The SPI Show reveals all
Episode 25: 'How I bought six properties even though the banks don't want to lend to me and I'm self-employed'
Episode 24: 'How property helped me quit the rat race'
Episode 23: 'The worst property investment decision we made' 
Episode 22: 7 properties by 25. How this young investor did it 
Episode 21: The magic formula for negotiating on properties
Episode 20: 'How we recovered from our auction nightmare and bought a property goldmine'
Episode 19: ‘How I built a multimillion-dollar portfolio even though I bought the wrong properties’
Episode 18: ‘What’s the worst that can happen?’ The ups and downs of DIY property management
Episode 17: The secrets to my success – how I built a massive portfolio on a modest income
Episode 16: How I'll retire on $200,000 a year
Episode 15: 10 properties in 6 years – how this elite sportsman will create a passive income
Episode 14: How I turned $4,500 into a multimillion-dollar portfolio 
Episode 13: Are we about to see real estate Armageddon? 
Episode 12: My sink-or-swim investment strategy
Episode 11: How your living expenses will affect your borrowing ability and is it time to chat with your lender?
Episode 10: Is it boom or doom in 2016... and is ready access to finance assured in the year ahead?
Episode 9: How a tradie bought 12 properties in under 4 years 
Episode 8: 'How I bought 9 properties on a modest income - all before 30'   
Episode 7: How to pick a hotspot; Here comes the squeeze!
Episode 6: How to start investing without a plan
Episode 5: 'How I built a portfolio from scratch'
Episode 4: Christmas special! We look back on 2015 and forecast what's in store for investors in 2016
Episode 3: Are we in a property bubble? Does aircraft noise depress property prices? And where's the next boom?
Episode 2: Where are prices on the way back? What's the future for mining towns? Are we all in a ponzi scheme?
Episode 1: What do you do when rates rise? How APRA is affecting investors. And have we found new hotspots? 

Investor story: ‘From just $2,000 in my pocket to 6 properties’
wallet with cash
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