Property investors usually don't realise they're making wealth-killing mistakes - until it's cost them hundreds of thousands in lost opportunity.

Your host, Steve Williams (founder of W Property Advisory), learned this hard way, losing around $500,000 in the process.

In this episode of Rentvesting, Steve is sharing the three Australian property investing mistakes he made, so you don’t do the same.

You'll discover:

• Thinking of buying an apartment in a great location? Think again! See why this can be a dangerous wealth trap
• How 'knowing your local area' might be your biggest disadvantage (so many people make this mistake - will you?)
• Why accepting small losses early can actually make you wealthy.

Plus, learn how to spot truly high-performing investments in today's market.

Whether you're considering your first investment property or looking to expand your portfolio, this episode could save you hundreds of thousands in costly mistakes.

Key Points:

00:01:05 Young investor's first major property mistake
00:03:40 The hidden costs that drained $15,000 yearly
00:05:00 How opportunity cost reached $500,000
00:06:30 The silent killer of wealth
00:07:30 The trap of buying in your own city
00:08:55 When to cut losses and move forward

Hit play now to learn from Steve's $500,000 lesson so you don't have to learn it yourself.

====

Our rentvesting & property investment services have helped tons of Australians start and grow their property portfolio.

Subscribe to Rentvesting for weekly, actionable insights

Follow us for more:

📈QUIZ: Are you ready to take the leap into rentvesting or property investment? Get your “Investor Readiness Score” here: https://scorecard.wpropertyadvisory.com.au/ PLUS Get Free Property Investor Tools!

👥 FB Group - https://m.facebook.com/groups/rentvestingmastery

📸 Instagram - https://www.instagram.com/wpropertyadvisory/

-

☎️Ready to start rentvesting? Book your free Property Investing Discovery Session here: https://www.wpropertyadvisory.com.au/contact

-

Disclaimer: All information contained in this podcast is general in nature and does not consider your individual circumstances. You should consider the appropriateness of this information with regards to your individual objectives, financial situation and needs, and speak to a professional.