UPI 3: My First Investment Property Was A Train Wreck

Any experienced real estate investor that tells you they’ve never had a fail or made a bad decision is lying!


Having personally invested for over two decades, purchased dozens of properties and helped thousands of Australians by billions of dollars in real estate, I can say that most of my decisions have paid off handsomely. 


But my first investment – and perhaps my greatest lesson – was a doozie. 


$30,000 went down the sink, and whilst it was painful to experience, I’m so grateful that it happened. 


On this episode I cover many topics including – 


4:15 Speaking Swedish


5:53 What’s Wrong with Socialism


7:44 Swedish Bottle Shops & Socialism 


9:50 – Throwing parties for refugees in Sweden


14:02 My XMAS Decorations Business went bust


17:33 My first property was a train wreck


19:44 Most Real Estate Agents Are Broke 


21:59 What I learnt from losing $30k on my first property deal 


23:00 Meeting my business partner Jason Whitton  


26:42 Being broke


31:49 Real Estate Riches & The 10,000 Hour Rule


32:57 The only reason you would go to Moree


34:37 Buying Four Houses for $5k each 


37:14 Nuggets from this episode


I’d love it if you left a review and a rating for this episode, and please share it with your friends, family and colleagues if you’ve found this episode interesting. 


Take care, 



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About the Author
Sam Saggers grew up the poorest kid in the richest suburb of Sydney. But that’s a story for another day (which he unpacks on episode one). Sam’s work in real estate is rather unmatched; he has helped over 7500 property investors get a leg up in real estate through his work as a property investor.