Best of ’21 #3 - Why 99% of People Fail In Real Estate

Welcome to the BEST of ‘21 series on the podcast! This is week 3 of my four week holiday - and I can’t wait to bring to you my predictions for 2022 in the coming weeks. For now, here’s one of the most downloaded episodes of 2021. 

 

Only 1% of people really succeed with real estate investing. So why do 99% of people fail - and what do you need to do to ensure you’re not one of them? If you own real estate already, today’s show just might burst your bubble. We explore property management and reveal what type of buyer you actually are. Nobody really wants to own anything, because when you own something you have to be accountable for it. So in this episode, we will talk about how to navigate the property owning journey. Because often the conversation in real estate is centered around buying and selling. But what about the big part in the middle? Welcome to Episode 78 of the Urban Property Investor!

 

On this episode - 

4:40 - Why 99 percent of people fail in real estate 

10:21 - Common problems with owning real estate 

11:38 - What you can’t control when you own real estate

18:56 - Behavioral economics trumps everything else 

22:23 - Invest in walkable urbanism 

23:39 - Half of Australia is broke 

27:38 - The problem with rent-for-life properties 

32:23 - Is it time to upgrade your properties? 

 

Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)

 

If you’re yet to subscribe, be sure to do so on your favourite channel. 

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YouTube - https://pre.fyi/upi-youtube

 

And remember, I’m really good on 1.25 or 1.5 speed :)

 

Take care, 

Sam