Ep 32. Everyone Told Me Not To Buy This Property
Everyone told me not to buy this property. My wife hated the complex. Most investors would have walked away. On paper, it looked like the kind of property you avoid.
But I saw something different.
Seven years later, that $165,000 purchase is now worth approximately $470,000 and generates around $300 per week positive cash flow.
In this video, I break down:
• Why almost everyone thought buying this property was a mistake
• What I saw that others missed
• The investing lesson that completely changed how I buy real estate
• How this one purchase helped shape our property portfolio
• Why some of the best opportunities are often the properties nobody wants
If you're interested in property investing, cash flow property, building wealth through real estate, or learning how to spot opportunities others overlook, this video is for you.
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Thinking about buying property in Cairns or North Queensland?
Visit: https://www.thebuyersco.com.au
0:00 The deal nobody wanted me to touch
1:13 Why everyone avoided this property
3:11 Taking the risk anyway
4:10 The cash flow changed everything
7:21 Was it worth it nine years later?
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