Ep 19 - Host Special | Who is Australia’s most famous property dumbo?
The Elephant In The Room Property Podcast | Inside Australian Real Estate · Chris Bates
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Show Notes
Who is Australia’s most famous property dumbo?
A case study that shows the cost of not learning from our mistakes.
Have you ever thought that if only you had more money, then you’d be able to buy the right property? Well in this episode we discover that wealth alone does not protect people from making expensive property mistakes. We trace the decisions, purchases, missteps, court cases and sales that resulted in losses totalling over $2 million in the span of a few short years. The thing is, this couple made some mistakes that nearly every property buyer makes at least once! If they’d only been given some good advice (or heeded it) along the way, they could have avoided a lot of pain. We can certainly all learn from this case study.
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