Urban Property Investor podcast thumbnail image

My First Investment Property Was A Train Wreck

by | Jul 29, 2020 | Podcasts, Urban Property Investor

Listen to the Urban Property Investor Podcast Now

Any experienced real estate investor that tells you they’ve never had a failure or made a bad decision is lying!

Having personally invested for over two decades, purchased dozens of properties and helped thousands of Australians by billions of dollars in real estate, I can say that most of my decisions have paid off handsomely.

But my first investment – and perhaps my greatest lesson – was a doozie.

$30,000 went down the sink, and whilst it was painful to experience, I’m so grateful that it happened.

4:15 Speaking Swedish

5:53 What’s Wrong with Socialism

7:44 Swedish Bottle Shops & Socialism

9:50 – Throwing parties for refugees in Sweden

14:02 My XMAS Decorations Business went bust

17:33 My first property was a train wreck

19:44 Most Real Estate Agents Are Broke

21:59 What I learnt from losing $30k on my first property deal

23:00 Meeting my business partner Jason Whitton

26:42 Being broke

31:49 Real Estate Riches & The 10,000 Hour Rule

32:57 The only reason you would go to Moree

34:37 Buying Four Houses for $5k each

37:14 Nuggets from this episode

Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions 🙂

If you’re yet to subscribe, be sure to do so on your favourite channel.
Listen on apple podcasts button
listen on spotify button
watch on youtube button
listen on google button
Investing In Locations

Investing In Locations

Listen to the Urban Property Investor Podcast Now In this episode, we crack down on investment locations. We break down the dynamics between different investing locations, whether it’s the income...

read more
The Tenant Rent Gap

The Tenant Rent Gap

Listen to the Urban Property Investor Podcast Now The tenant rent gap is a concept today that I'm noticing making a big difference inside of the return on investment rents for property investors. If...

read more