• EP20 | Why Every Property Investor Needs A Team of Experts Around Them

  • Mar 14 2024
  • Duración: 32 m
  • Podcast

EP20 | Why Every Property Investor Needs A Team of Experts Around Them  Por  arte de portada

EP20 | Why Every Property Investor Needs A Team of Experts Around Them

  • Resumen

  • This episode discusses the importance of surrounding oneself with a team of experts when it comes to property investing. John and Allan share conversations they’ve had with investors who made costly mistakes due to not having the right advisors. One example is setting up a self-managed super fund incorrectly, which can result in financial losses.

    • 💡 Investing requires the expertise of professionals for success.
    • 💡 The Dunning Kruger effect leads to overconfidence in investing.
    • 💡 Surrounding oneself with knowledgeable advisors is crucial for success.
    • 💡 Not having the right advisors can cost investors a significant amount of money.
    • 💡 Setting up a self-managed super fund incorrectly can lead to financial losses.
    • 💡 State-specific purchasing procedures must be followed when investing in property.
    • 💡 Saving money upfront by not hiring experts can result in more costly mistakes later on.
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