Losing Money on Your First Home: Lessons Learned

Published: July 5, 2022, 9 p.m.

b'

People LOVE to talk about their success stories \\u2014 but their failures? \\u2026Not so much.\\xa0

\\n

In this episode, we\\u2019re getting a glimpse of what went wrong for one first home buyer. Mel from Melbourne shares her unexpected property journey, mistakes along the way, and how she plans to get back up the ladder.\\xa0

\\n

What happens when you fall into FOMO? Is there such a thing as a \\u2018bargain\\u2019 home at face value? Should you listen to others\\u2019 success stories? \\u2013 We cover these questions, and heaps more!

\\n

If you enjoy the show, do like, rate, subscribe, and share it with others! We have loads of resources available and if you\\u2019d like to chat, email us at support@homebuyeracademy.com.au!

\\n

We\\u2019ll see you on the inside!\\xa0

\\n

\\xa0

\\n

Episode Highlights:\\xa0

\\n
    \\n
  1. Mel\\u2019s first home purchase: A case of FOMO [03:21]
  2. \\n
  3. Getting enticed by agents [05:38]
  4. \\n
  5. Trapping yourself in a \\u2018bargain\\u2019 home [09:46]
  6. \\n
  7. Lack of property research: The potential dangers [14:46]
  8. \\n
  9. Thinking long term when buying property [17:36]
  10. \\n
  11. Take two on being a first home buyer [19:14]
  12. \\n
  13. Should you listen to other \\u2018successful\\u2019 homebuyers? [25:27]
  14. \\n
  15. Lessons learned after losing on first property [31:04]
  16. \\n
\\n

\\xa0

\\n

If you enjoyed today\\u2019s podcast, don\\u2019t forget to subscribe, rate, and share the show! There\\u2019s more to come, so we hope to have you along with us on this journey!

See omnystudio.com/listener for privacy information.

'