Losing Money on Your First Home: Lessons Learned

People LOVE to talk about their success stories — but their
failures? …Not so much. 


In this episode, we’re getting a glimpse of what went wrong for
one first home buyer. Mel from Melbourne shares her unexpected
property journey, mistakes along the way, and how she plans to
get back up the ladder. 


What happens when you fall into FOMO? Is there such a thing as a
‘bargain’ home at face value? Should you listen to others’
success stories? – We cover these questions, and heaps more!


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside! 


 


Episode Highlights: 
Mel’s first home purchase: A case of FOMO
[03:21] Getting enticed by agents
[05:38] Trapping yourself in a ‘bargain’ home
[09:46] Lack of property research: The potential
dangers [14:46] Thinking long term when buying
property [17:36] Take two on being a first home
buyer [19:14] Should you listen to other
‘successful’ homebuyers? [25:27] Lessons learned
after losing on first property [31:04]

 


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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