The Duo Tax Podcast

How a Single Dad Built a $3.5M Property Portfolio on an Average Salary in 6 Years

Duo Tax Season 1 Episode 1

In this episode, we chat with Ricky Chiu, a single dad and avid property investor who, despite an average salary, has built a $3.5 million investment property portfolio in 6 years.
 
Ricky shares how he bounced back from a disastrous first investment that locked him out of the market for over a decade, his unique bottom-up approach to property research that led to his proudest acquisition, and why he believes regional areas offer the best investment opportunities.

He also talks about how he leverages free online tools to make informed decisions, the power of living frugally to maximise investment potential, and how he achieves his dream of leaving something behind for his daughter and getting his time back.

If you want to learn practical strategies for building wealth through property, even on a modest income, then make sure to listen to this episode!