Bad Advice Series: Just Get on the Property Ladder

We get it; the journey to owning your first home can be an
overwhelming and daunting experience. But before you heed the
clichéd advice of "It doesn't matter what you buy, just get on
the property ladder," tune in to this as we reveal why this
well-intentioned counsel might be one of the worst pieces of
property advice you could receive.


In this installment of our Bad Advice Series, we delve deep into
the concept of rushing onto the property ladder at all costs.
While it might seem like a universally accepted mantra, we'll
break down the myths and misconceptions surrounding this
approach.


Don't fall into the trap of panicking to get on the property
ladder. Instead, arm yourself with the wisdom shared in this
episode, and embark on your journey towards homeownership with
confidence and clarity. 


Episode Highlights:


00:00 - Introduction


02:04 - Meighan’s special house of the week


06:43 - Reason #1: Why buying anything to get on the property
ladder is bad advice?


10:13 - Reason #2: Why buying anything to get on the property
ladder is bad advice?


12:02 - What happens when you rush to get on the property ladder


15:56 - Huge mistakes one can make just by getting on the
property ladder


21:42 - Why first home buyers also need to consider established
properties cautiously


28:39 - The advice to get onto the property ladder is not
entirely wrong but…


Resources mentioned in this
episode:


Your First Home Buyer Guide Podcast Episode 141: Why Lender’s
Mortgage Insurance Isn’t Always a Bad Choice
https://homebuyeracademy.com.au/podcasts/141



Resources:



FREE TRAINING: How to make an educated
decision so you buy your first home with the right amount of
debt https://homebuyeracademy.com.au/webinar

Visit our website https://www.homebuyeracademy.com.au/

Learn how to buy property without making a mistake with our
10-step online course for first time home buyers
https://homebuyeracademy.com.au/YFHBG

If you have any questions or would like to be featured on our
show, contact us at: Your First Home Buyer Guide Podcast
support@homebuyeracademy.com.au

Looking for a Sydney Buyers Agent?
https://www.gooddeeds.com.au

Work with Veronica: https://www.veronicamorgan.com.au

Looking for a Brisbane Buyers Agent?
https://www.propertypursuit.com.au/

Work with Meighan: https://www.linkedin.com/in/meighanwells/



If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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