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"I Want Out of this Flipping Nightmare." How This Investor Lost $90,000 ⎜ Ep. 1439
Episode 1439
Published 2 years, 6 months ago
Description
In the episode, we discuss the disconcerting journey of an investor who lost $90,000 in the property market.
After purchasing, the property dropped in value. So she now has a large mortgage and a property with negative cashflow.
Andrew and Ed delve into the situation, discussing the realities of buying at the wrong time and the potential recovery paths.
Main points discussed:
- Emotional vs Logical Analysis of Investments
- Timing the Property Market
- Market Recovery Predictions
- Strategies to Handle Cashflow and Interest Rates
- Importance of Long-Term Planning and Selling at the Right Time
And we also mention our book Wealth Plan is now available as an audiobook here