Ep 173 Started at 53 - Built a $9,000,000 Portfolio, HOW? - With Holger Detje

If you’ve ever had the thought “ It’s too late for me to build a property portfolio”   Think again, you might be thinking, yeah but I’m in my 30’s or 40’s I don’t have the time.   While having more time on your side makes it better, having less doesn’t make it impossible, as our guest Holger Detje has proven.   Starting to build his portfolio at age 53! And not just buying a property or two, this man built a portfolio of now 13 rentals, with a current value of around $9m and won himself New Investor Of The Year in 2019   I wanted to share Holgers story with everyone in the P&P community for a few reasons.   The first is the importance in understanding lazy equity,   Holder had a PPR that he’d been diligently paying down, it wasn’t until a chance encounter with a stranger flying overseas that he started understanding how he could use that equity to build a portfolio.     The importance in having a plan, when you’re starting later in life you don’t have time on your side, so how do you build the right team around you?   and so many more, this is an episode that should leave you asking yourself the questions,   " What's really holding me back?"      📖🍕🏠 SUBSCRIBE NEW PIZZA & PROPERTY MAGAZINE 🍕🏠📖 http://tiny.cc/ThePPMagazine     Support our amazing Show sponsors: INVESTOR KIT: https://www.investorkit.com.au/     SUBURBS FINDER: Click the link below for your free trial and a 15% off code if you want to sign up and research like a pro: https://www.suburbsfinder.com.au/pizza-and-property/         Join Todd Sloan and a different industry leader each week, as they open up the topics you want to know more about to become a savvy investor.   Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan’s book today:       Booktopia: https://www.booktopia.com.au/australia-s-home-buying-guide-todd-sloan/book/9780648980490.html?source=pla&zsrc=go-nz-allstock&gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6f55Kw-l0pKCn0DMNj0TND2qN863sQQR56p98sXAjOUgBQSpwDDQ0waAtLsEALw_wcB         Dymocks: https://www.dymocks.com.au/book/australias-home-buying-guide-by-todd-sloan-9780648980490?gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6etuq25nQ2CSirN8z-UHAIshbp5MxeuD7ECMvs5Oghg2Pab34Fyl0QaAuQhEALw_wcB     YouTube Pizza & Property: https://www.youtube.com/channel/UCgXX6ibW7WEFbWkf-jslDvQ?view_as=subscriber         Facebook Pizza & Property: https://www.facebook.com/Pizza-and-Property-2111096335696398/?modal=admin_todo_tour     ASK YOUR LISTENER QUESTION BY VISITING THE WEBSITE BELOW   Website: https://www.pizzaandproperty.com/     Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast and blog is the intellectual property of the Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.