How to Actually Get Rich In Your 20-30s - Josh Morrissey #154

How to Actually Get Rich In Your 20-30s - Josh Morrissey #154

From Bothsides Podcast by Daniel Beardall

September 7, 2026 · 1h 53m

About this episode

Josh Morrissey shares his journey in real estate and offers insights on building wealth through active investment strategies.

Josh Morrissey re-entered Real Estate after a decade in the trades. By 37, he’d built a property portfolio worth tens of millions, to a multimillion-dollar debt-free position. He didn’t get there by holding and hoping. Josh says most people calling themselves “passive investors” are just being lazy, and that the equity sitting in your portfolio right now means if you can really use it. He’s the co-founder of @hiveproperty.co in Canberra, one of the territory’s leading real estate businesses built on activity. He currently holds the three highest sale prices in the ACT for 2026!! In this episode, he explains: ▪️ Using Dan as a live example, Josh maps out how to turn a $150,000 cash position into $1.4 million in two years. ▪️ Why he calls passive investing “lazy” and what he does instead. ▪️ How subdividing one property can pull out 100% profit with nothing but a DA approval, no build required. ▪️ Why holding a “neutral” cash-flow property could quietly be costing you more than it’s worth. ▪️ The real reason he doesn’t want the bank and the government as his business partners. ▪️ What building his wealth actually cost him and the hardest lessons business should learn from.

People in this episode

Host: Daniel Beardall

Guest: Josh Morrissey

Topics covered

Keywords

Mentioned in this episode

Organizations: hiveproperty.co

Places: Canberra, ACT

More episodes of Bothsides Podcast

Explore listener stats, chart rankings, contacts and more on the Bothsides Podcast podcast page.