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

Scouting Australia Podcast

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.
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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