1. EachPod

"I Want Out of this Flipping Nightmare." How This Investor Lost $90,000 ⎜ Ep. 1439

Author
Opes Partners
Published
Sun 20 Aug 2023
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/I-Want-Out-of-this-Flipping-Nightmare--How-This-Investor-Lost-90-000--Ep--1439-e286n0b

In the episode, we discuss the disconcerting journey of an investor who lost $90,000 in the property market.




After purchasing, the property dropped in value. So she now has a large mortgage and a property with negative cashflow.




Andrew and Ed delve into the situation, discussing the realities of buying at the wrong time and the potential recovery paths.




Main points discussed:



  • Emotional vs Logical Analysis of Investments

  • Timing the Property Market

  • Market Recovery Predictions

  • Strategies to Handle Cashflow and Interest Rates

  • Importance of Long-Term Planning and Selling at the Right Time




And we also mention our book Wealth Plan is now available as an audiobook ⁠⁠here

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