Negative Equity Nightmare: How This Couple Lost $150k on a New Build Property
Can property investing go wrong? In this episode, Rob Goudie and Ashley Rowan discuss a real-life Australian property case study involving a couple who found themselves facing significant negative equity shortly after purchasing a newly built investment property.
The conversation explores:
✔️ What negative equity means and why it matters
✔️ The risks associated with off-the-plan and newly built investment properties
✔️ Property marketing fees and sales commissions
✔️ The role of borrowing, leverage and debt in property investing
✔️ Self-managed super funds (SMSFs) and property investments
✔️ Alternative wealth-building strategies, including shares and businesses
✔️ The importance of understanding risk before making investment decisions
Whether you’re considering your first investment property or reviewing your long-term financial strategy, this episode provides valuable insights into the importance of due diligence and informed decision-making.
⚠️ Important: This podcast contains general information only and does not take into account your personal objectives, financial situation or needs. Before making any financial decisions, consider seeking professional advice tailored to your circumstances.
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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.
Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.