Aussie Now Retired in Bali With a $2.4 Million Property Portfolio

Barry Magliarditi

“I trust George. Just like George trusts me in business, I trust George. I said “tell me which property to go after.” The first three properties were the most difficult, just to wrangle with banks and cashflow. But then, the equity started growing significantly… So again, right place, right time, having George’s knowledge around where to purchase. Now, I very much don’t have a calendar or agenda. I wake up and do what I want, when I want.”

Long Term Property Investing: Why Barry Took the Patient Road

Barry had spent most of his working life being good at the wrong things. He could generate income reliably across multiple businesses and ventures, but the money rarely stayed. Crypto, shares, and short-term plays that sometimes paid off but often did not each feel like the smarter, faster option compared to the slow accumulation of property. It took years of expensive lessons before he arrived at a different conclusion.

The insight that eventually shifted his thinking came from his grandfather, who had told him as a young man that land is the one thing nobody is making more of. When he finally came back to property, it was with a conviction that only comes from having already tried the alternatives.

He had purchased one property with his brother during a period of financial difficulty roughly two decades earlier. It sat flat for eight years before it moved. That experience had left him cautious about property specifically, though not about the underlying principle. The problem, he would later understand, had not been the asset class. It had been the absence of a strategy and the absence of the right people around him.

 

Finding the Right Framework

Barry met George Markoski through a shared business network, and the two had already established mutual respect before property came up. When George walked him through the Positive Property approach over lunch, Barry’s response was simple: he trusted the person, understood the logic, and moved.

What the Markoski Method offered was not a shortcut but a structure. Research-backed location selection, a coordinated professional network through the Circle of Safety, and a clear philosophy about where property sits in a long-term wealth strategy. For someone who had spent years chasing faster returns, the deliberateness of it was what made it credible.

A mentor had once told Barry that the most reliable businesses are the boring ones. A boring business, run consistently, becomes something close to an ATM. Long term property investing operated on the same principle: remove the emotion, follow the research, and let time do its work.

“The way to make money is by never losing it.”

 

Nine Properties Across Two States

Starting with a property in Capalaba for just under $450,000, Barry built a portfolio across Queensland growth corridors through 2020 and 2021, then extended into Western Australia. Nine properties in total, acquired while he was still running his business and living in Australia.

The early acquisitions required the most effort. Borrowing capacity, cashflow management, and navigating lender requirements took work to coordinate. But as equity grew across the Queensland portfolio, each subsequent purchase became more straightforward. The momentum that Positive Property members describe as the domino effect was real in Barry’s experience: one property funds the next, and the next becomes easier than the one before.

He sold two Western Australian properties at the right point in their respective cycles, reinvesting the proceeds rather than drawing them down. His largest Western Australian property, acquired for just under $860,000, is now valued at $1.2 million. Across the full portfolio, the combined profit sits at approximately $2.4 million.

 

Retired in Bali

Barry no longer lives in Australia. He relocated to Bali, structured his affairs ahead of the move, and has since applied the same long-term investing principles to opportunities in Southeast Asia. During COVID, when Bali property prices fell sharply, he acquired, renovated, and sold as international borders reopened and demand recovered.

Currently, Bali is focused on a passion project: developing a wellness sanctuary on freehold land, working with local communities on something designed to last beyond him.

“I wake up and do what I want, when I want.”

What Barry takes from the experience is simple: the fundamentals were always there. The growth corridors, the research, the compounding potential of patient investing. Getting the right system around that knowledge earlier is the one thing he would change. Not the strategy itself, but the speed at which he trusted it.

“Looking back, I would be so much further ahead if I wasn’t so impatient when I was younger. Time fixes all problems. If you hold on long enough, you’re going to make money.”

Long term property investing did not make Barry wealthy quickly. It made him wealthy in a way that held.

 

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All figures are approximate and based on information provided at the time of Barry’s interview. Current values may differ. Barry’s results reflect his specific circumstances, portfolio decisions, and market conditions at the time of each purchase. Individual outcomes will vary.
Ready to take the next step? Here are four ways to get started:
  1. Grab George’s Free Book: The roadmap 3,500+ Australians have used to start building wealth through property. Get your free copy
  2. Watch the Positive Property Show: Live every Thursday with real market data, member wins, and the strategies that drive them. Watch on YouTube
  3. Join 9,000+ Australian Property Investors: Connect with smart investors sharing tips, wins, and strategies in Australia’s most active property community. Join the group
  4. Watch the Free Training: The exact strategy Barry and thousands of other members use to build portfolios of 5 to 10 properties and create money for life. Watch the free training

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