My Inside Story: Its a TRAP!... Buyer BEWARE!

Today, I’ll take you inside my recent search to buy an investment property which would also be the home for my parents in law. I wanted it to have development potential and tick the right boxes for them too. Along the way I learnt some very valuable lessons and almost fell into a costly trap so I really wanted other buyers to be aware of what to avoid. I’ll walk you through the search process, the challenges, and key takeaways from this journey of finding a property that meets both family and financial goals. Let’s go inside. Resource Links: • Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/inve...) • Join the Perth Property Investment Facebook Group (  / perthpropertyinvestors  ) • Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join) • For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/pert...) • For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/sell...) Episode Highlights: • Intro [00:00] • Choosing Suburbs and Setting a Budget [00:13] • Criteria for Property Selection [02:53] • Development Potential and Non-Negotiable Criteria [06:14] • Search Process and Initial Property [08:38] • Challenges with the Initial Property [12:55] • Final Property Purchase [17:28] • Balancing Parents' Needs and Investment Criteria [21:17] Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast. Connect with Perth Property Insider: • Subscribe on YouTube:    / @investorsedgeau   • Like us on Facebook:   / investorsedge