Scouting Australia Podcast

How Nick turned $200k into $2,500,000!


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Introducing a very special "Where Are They Now?" episode with Nick Wilcox, who was the very first investor episode on SAP and the guest on the 5th most downloaded episode for 2023. Nick built an impressive 14 property portfolio with a $7.5 million value portfolio in sub 5 years starting with $200,000. 


Sam and Nick discuss how he sold down his portfolio to bank an impressive $2.5million in profit which he used to put towards purchasing his dream primary residence. Hear Nick’s original journey and investor episode here.

School of Property is the ultimate education destination to master property investment, with a curriculum meticulously designed and crafted with both beginners and experts in mind. Whether you are a complete novice, or you’re ready to take things to the next level in your portfolio, this is the program for you! To find out more, head to www.schoolofproperty.com.au.

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Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice.

Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

 

Chapters:

(00:00) Welcome

(03:38) Recap of Nick’s Investor Episode

(06:33) What was the reason for selling the portfolio?

(10:40) Best decision we’ve made

(13:37) Forever home purchase

(16:04) Upgrade from $575k to $3.1m primary residence

(18:12) Dissecting portfolio profit sell down

(28:42) The results - $200,000 to $2.5 million in profit 5 years

(32:35) Investing mindset buying PPOR

(37:11) Retirement sell down

(38:48) Nick’s biggest learnings across his portfolio

(45:33) Rapid fire

...more
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Scouting Australia PodcastBy Australian Property Scout

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