My $150,000 Mistake

https://youtu.be/7vQ6H8XuUAQ

In 2016, my wife and I made an emotional decision to build a brand new home for our family on the Sunshine Coast in QLD.

We thought we were going to live in the home long term, but after a year we decided it wasn’t for us.

It’s a good home but we made a few property investment mistakes:

– Buying with our hearts rather than our heads.

– Over capitalising on the build.

– Buying a piece of land less than 600m2.

– Buying in a regional market and in a brand new estate.

– Building across the road from a high rise.

Recently, we decided to sell the property, but after a couple of months, we realized the market has changed and prices have declined by over $150,000 in the street.

In this video, I share the lessons I have again learnt the hard way.


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Ben Everingham

About

Ben founded Pumped On Property after building a multi-million dollar property portfolio over a 5 year period. His mission is to show you how to replace your income through property investing so you can do what you love…full time.