Two Newbie Investor Property Traps!

Luciana Bucater is a client of the Property Investment Accelerator and her 10+ year property investment journey of MISTAKES & SUCCESSES is eye-opening!  🤕 She shares how her first investment property in Australia was a house & land package that she bought to save stamp duty & LMI, which she regrets. She overpaid and the developer profited.  Luciana also shares her mistake in buying an off-the-plan apartment with a rental guarantee, which underperformed big time!  ⚠️ She candidly talks about the property investment groups that have lots of social media ads, which spruik 'group buying', but can lead to disastrous results.  🏠 Despite these mistakes she's turned her investing story into a lucrative journey, buying two other high performing houses and is now continuing her investing through her SMSF (Self Managed Super Fund).  💰 Hear from Luciana her three biggest tips for new investors, from years of buying and selling property, and how she's super excited to help others avoid her mistakes and make money through real estate.   Discussion Points:00:00: Introduction02:07: Starting out with a house and land package 09:53: Looking to avoid LMI 18:16: Life on the road & joining an investment property group24:20: A wake up call: investing in self-education 26:50: Building trust within the property investing community 34:25: Top advice for the migrant property investing experience38:45: Conclusion    About The Host: Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.  PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.  Resources:          Watch FREE Trainings On Our Website  👉  https://consultingbypk.com.au/         Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors  👉  https://www.facebook.com/groups/passiveincomethroughproperty Watch No Nonsense Property Market Insights On Our YouTube Channel  👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta     Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only; We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.  See omnystudio.com/listener for privacy information.

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