Most property investors never make it past their first purchase - and buying the wrong property could be exactly what keeps you stuck in that statistic.

In this eye-opening episode, property investment and rentvesting expert Steve Williams reveals why 71% of investors own just one property - and never progress to building real wealth through real estate.

Drawing from 16 years of investing experience and his own costly mistakes, Steve breaks down exactly what makes a property a "dud" - and it's not what most people think.

You'll discover:

• Why that beautiful coastal property might be a portfolio killer
• How to spot investment traps like NDIS housing schemes
• Why sometimes the ugliest house on the street delivers the best returns

Steve also shares his personal story of holding an underperforming Melbourne apartment for 12 years before making the tough decision to sell - a move that unlocked $200,000 in growth within just two years.

Plus, you'll learn the critical supply and demand metrics that separate wealth-building assets from money pits…

And get a practical framework for evaluating whether your current property is helping or hindering your investment goals.

Key Points

00:00:00 The 71% property investor trap
00:02:10 Defining what makes a dud property
00:04:00 Growth prospects and timing strategies
00:05:00 The shocking property success story
00:06:00 Investment traps to avoid
00:08:10 High-rise apartment warnings
00:09:20 Supply and demand fundamentals
00:11:00 Emotional vs logical buying
00:12:30 When to sell your dud property
00:14:40 Real-world exit strategy example

Ready to break free from the 71% and build a property portfolio that actually grows your wealth? This episode could save you from a costly mistake - or help you turn a dud into your next success story.

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Disclaimer: All information contained in this podcast is general in nature and does not consider your individual circumstances. You should consider the appropriateness of this information with regards to your individual objectives, financial situation and needs, and speak to a professional.