Most people would opt for a simple property purchase as their first investment – not Sonia Sheehan. Instead she saw opportunity where no one else did, choosing to invest in a property with plenty of personal history.
It took cancer, depression and a meltdown for Bernadette Janson to realise all the things she was doing wrong with her property portfolio.
Chasing a strong yield, and disappointed with the performance of the residential market, Daniel Prowse and his wife turned to a unique commercial property to round out their portfolio. It may be raking in the cash now, but could it prove to be a ticking time bomb?
Having exhausted their opportunities in New South Wales, Cherylee Stokes and her husband turned to Queensland. But buying from a distance involves a risk, and they spent many months nervously waiting to find out what condition their new purchase was in.
Kevin wanted to find financial stability and secure his family’s future – but one bad decision spelled disaster.
Looking to capitalise on the Sydney market’s good fortune, Luke Metcalfe and his wife sold up and settled in, waiting for things to go pear-shaped for everyone else. As the months went by and prices showed no sign of slowing down, they knew they were in big trouble.
When Nathan Firth saw two undervalued blocks of land up for a mortgagee in possession sale, he knew it was too good an opportunity to miss – even though he had a credit card debt and no savings.