12 properties in 3 years! How this investor aggressively scaled his portfolio

20/03/2023 56 min Episodio 18
12 properties in 3 years! How this investor aggressively scaled his portfolio

Listen "12 properties in 3 years! How this investor aggressively scaled his portfolio"

Episode Synopsis

We have a very special guest and one of Australian Property Scout's most successful clients Nick Wilcox. Nick is the director of Blue Crane Capital and joins host Sammy Gordon in the studio for a never before heard property portfolio breakdown where we run through his journey as an investor and how he aggressively scaled his portfolio.    In this exciting episode we can learn a lot from Nick's mistakes and successes through investing in residential and commercial property in both joint ventures and his own personal portfolio. One thing is very clear, you can't pay rent with Fish.     Intro - [00:10] Who's Nick
Business Banking
Nick's Exposure to property

When the Journey Started - [02:30] Property #1, the price guide
Off the plan scaries
Buyers Remorse

The Proposal - [06:00] Property #2, the price guide
Housing commission 

The Commercial story - [08:40] Are you smarter than a metal fabricator
Payment in Fish
The short-term pain for the long-term gain

Bradbury - [11:45] Nick's realization of the importance of BA's
His addiction to podcasts & intro to APS

The funny thing - [13:40] The Bull Shark negotiation toweling 

Nick's strategic position in finance - [15:30] APS deals
Understanding property types
Understanding the data
The APS standard winning again

Things have almost doubled - [20:30] COVID kicked in
The deals never stopped!

The Covid trades debacle - [23:30]   Structuring your portfolio - [25:30] WD-40 & BBQ sauce
Infill developments 

Understanding QLD - [27:50]   We're at 11 properties! - [29:30] What you can do in 2 years

The Campervan tenant - [30:45] Buffers - [33:00] The New Years special deal
The Family is growing

To buy a car or to buy a property - [35:00]   The position of the portfolio - [38:40]   Understanding the value of Rentvesting vs PPOR in Sydney - [40:40] Nick explains the redlining factor
Nick & Sam explains the math

What's next in the portfolio - [44:25] SMSF

The next steps - [45:30]
Fixed rates coming off
Refinancing

The goal of the portfolio - [47:15]
Consolidation
When does selling come into the equation

Would you buy off the plan again - [49:20]
Would you have been able to do this by yourself - [50:00]   Nick's wise words - [51:00]
The rewind to astute lending - [55:38]   If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at [email protected]
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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.
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