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The Urban Property Investor podcast with host Sam Saggers brings together the latest news, strategies and ideas to help grow your personal wealth from investing in real estate. With a major premise to help you join the 1% of people who achieve financial independence, Sam Saggers advocates ways to replace your income, invest in property and retire rich using trends that form part of the urban landscape. The Urban Property Investor Podcast uncovers answers to the critical “what” “why” “where” and “how” of investment using behavioural economic insights into how everyone can prosper in the cities of tomorrow as investors of today. This podcast goes beyond investing in 2020 and tackles ways to bulletproof your investment plan by understanding influences on people, place and property.
Episodes
Wednesday Jul 29, 2020
Wednesday Jul 29, 2020
Any experienced real estate investor that tells you they’ve never had a fail or made a bad decision is lying!
Having personally invested for over two decades, purchased dozens of properties and helped thousands of Australians by billions of dollars in real estate, I can say that most of my decisions have paid off handsomely.
But my first investment - and perhaps my greatest lesson - was a doozie.
$30,000 went down the sink, and whilst it was painful to experience, I’m so grateful that it happened.
On this episode I cover many topics including -
4:15 Speaking Swedish
5:53 What’s Wrong with Socialism
7:44 Swedish Bottle Shops & Socialism
9:50 - Throwing parties for refugees in Sweden
14:02 My XMAS Decorations Business went bust
17:33 My first property was a train wreck
19:44 Most Real Estate Agents Are Broke
21:59 What I learnt from losing $30k on my first property deal
23:00 Meeting my business partner Jason Whitton
26:42 Being broke
31:49 Real Estate Riches & The 10,000 Hour Rule
32:57 The only reason you would go to Moree
34:37 Buying Four Houses for $5k each
37:14 Nuggets from this episode
I’d love it if you left a review and a rating for this episode, and please share it with your friends, family and colleagues if you’ve found this episode interesting.
Take care,
Sam
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