PIT 121: The Importance of Reflection

Welcome to Property Investor Tales – Stories From The Front Yard, where we talk to property investors from around Australia about their investing journey. I am Bob Provan, a Property Investment Adviser here at Positive Real Estate, where we help people build wealth through property. With over 8000 clients across Australia and New Zealand, there are some incredible stories to tell, which hopefully make your investing journey that little bit easier.

 

In this episode of Property Investor Tales I interview my mother Audrey Provan, we discuss our family’s real estate journey over the decades. Exploring various properties the family has owned, the decisions made during each purchase and sale, and the lessons learned along the way. The conversation highlights the importance of having a strategy and seeking professional advice in property investment, as well as the emotional aspects of buying a home. We conclude with reflections on missed opportunities and the value of knowledge in making informed real estate decisions.

Chapters

00:00 – Introduction to Property Investor Tales

03:03 – Family Property Journey: Early Experiences

05:59 – First Home Purchase: Lessons Learned

09:09 – Navigating Financial Challenges

12:02 – Second Property: Emotional Decisions

14:57 – Renovations and Their Impact

17:59 – Third Property: A Profitable Sale

20:59 – Fourth Property: Learning from Mistakes

24:01 – Navigating Property Renovations and Challenges

27:00 – Lessons from Selling the Dream Home

28:00 – Transitioning to Semi-Retirement and New Ventures

31:02 – Reflections on Property Investments and Mistakes

33:57 – The Importance of Knowledge in Real Estate

39:04 – Advice for Future Generations and Learning from the Past

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

 

I love hearing people’s property investor tales so if you’d like to share yours then please get in touch with me via email at  propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

About the Author
A 13-Year Property Coach and strategist at Positive Real Estate, Tabitha is a licensed real estate agent in NSW and VIC, and has her Cert IV in both Property Services and Finance. She has personally coached over 600 Clients and her passion for education, property and client results focus everything she does at Positive Real Estate and we’re better for it.