Why Most Young Investors Lose It All | No BS With Birchy | EP 214
In this episode, Nathan reinforces some timely reminders of just how easy it can be to fall off the path to success in property investing and some of the common reasons why investors fail. From vital roadmaps and sustainable strategies to open-ended market mindsets, it’s all covered in this latest episode. Tune in and get ready to feel inspired & reaffirmed on your property journey.
00:40 – Markets go up, markets go down. Get in the mindset.
03:10 – Who’s losing out when we constantly buy for less than the previous owner?
04:52 – The 90’s with no internet, no data – this is what went down
07:26 – Time shares and all of the ponzi schemes
09:20 – Emotion and education are critical to success
11:40 – Roadmaps and plans – essential. You can’t just ‘go with the flow’
13:31 – When the plan stalls..
15:20 – Stick to your model and multiply!
19:28 – Let’s talk numbers on this scenario – how you can avoid it
21:00 – You can’t just look at the future, look backwards.
22:30 – Food for thought – socioeconomic factors at play
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