Property Investment, Success & Money | The Michael Yardney Podcast The Brutal Truths about property investment that no one else will tell you (Summer Series)
Today’s podcast will be a little different. Today I’m going to be brutal.
I’m not holding back and I’m going to tell you some brutal truths about property investing
You'll learn some of the things that can go wrong. You'll learn about the frustrations of being a property investor. You will learn some of the ways in which slick marketing can lead you astray.
But stick with me. It's not all negative.
Understanding what could go wrong is one way of making sure things don’t go wrong and you can enjoy the success a small group of property investors enjoy.
The problem is most people who get involved in property investment don’t develop the financial freedom they’re after.
- 50% of new investors sell up in the first 5 years
- Most investors never get past their 1st or second property
- Only 20,000 Australians own 6 properties or more.
Now, this is not the type of information most people tell you about property when you first get started.
That’s probably because many of the people you speak with are trying to sell you something – sometimes it’s a property – in other cases it’s their services (buyers’ agents).
This episode is my attempt to redress that balance a little bit and share some brutal truths about property that you don't often come across.
Links and Resources:
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Shownotes plus more here: The Brutal Truths about property investment that no one else will tell you