EP 040: I do have a story for you this week.

I nearly didn’t share this…
But I wanted you to see that building wealth is not all sunshine and rainbows.

You will hit challenges, just like in business.

A few weeks ago, after a delicious dinner, Bianca’s (my partner) phone kept ringing.

It was odd, as she was not expecting any calls.
And, it was a private number.

With the number of spam calls we get nowadays days, we didn’t think much of it and ignored the call.

It was getting to that time of the night when we were putting Jack (my son) to bed and the phone started to ring again.

With it being later, we were even less likely to answer the phone.

Not to mention that it had been a big week, and we were looking forward to spending some time together.

Just her and I... pretending like it was the old "pre-kid" days.

Like clockwork, the phone rings again.

And again.

And again.

It hit a point at which we started to ask ourselves if we should answer it.

"It might be important."
"Nah, it's probably just someone trying to sell us something."

Anyway, we decided not to answer it and savour the evening.

Thankfully, the phone did eventually stop ringing.

But…

Then we got a text message... “URGENT CHECK YOUR EMAIL.”

Now we were super curious... and concerned.

We opened up the laptop.
What we saw was an email from one of our property managers.

It clicked!
That's who had been calling us!

There was one line in the email that stood out:
“We think the house you just bought was a drug house.”

Wait... what?!?
We were in shock.

The house is in an extremely nice area.

We called them straight away.

I asked why they thought this.
What about the evidence?

They replied with:
- The bench tops are... sticky.
- The carpet has this... smell.
- There are odd people coming to the house looking for the previous owners.
- Someone is even moving furniture in the backyard…

WTF...

We went to bed that evening thinking we had just made a huge financial mistake.
I felt sick, and I'm sure Bianca felt the same.

Over the coming days, we investigated more.

The good news.
We didn't buy a house from a drug lord.

It turns out…

We bought the house from a couple going through a messy separation.

The house had been neglected while this couple caused havoc in each other's lives.

Luckily, we have a great property manager.

It did cost us a few thousand dollars to get the house cleaned up...
But, I'm always playing the long game.

Never in a million years would I have expected to be dealing with things like this as a property investor.

This is the type of stuff you will have to deal with if you invest in property.

--------

If you want to hear more of the story of buying in WA.

Or, if you want to hear Grants' experience of buying in WA, then check out this podcast episode.

That’s it for this one.



Episode Highlights:
00:00 Welcome!
01:11 Our newest sponsor and partner
03:58 What Charley is up to with his business and investments
07:19 Grant’s business and investments
08:51 Charley and Grant’s experiences buying property in WA
16:49 How to take advantage of delayed settlements
21:23 A crazy experience with tenants
26:33 Little hint on business opportunities and the Melbourne CBD

If you enjoyed this episode, be sure to subscribe, tune in and share this podcast!




Resources:
○ Business and Investing website: https://www.businessandinvesting.com/


Subscribe: 
○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting
○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342


Connect with Business and Investing: 
○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480
○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom
○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom
○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom
○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com




DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

EP 040: I do have a story for you this week.   I nearly didn’t share this… But I wanted you to see that building wealth is not all sunshine and rainbows.   You will hit challenges, just like in business.   A few weeks ago, after a delicious dinner, Bianca’s (my partner) phone kept ringing.   It was odd, as she was not expecting any calls. And, it was a private number.   With the number of spam calls we get nowadays days, we didn’t think much of it and ignored the call.   It was getting to that time of the night when we were putting Jack (my son) to bed and the phone started to ring again.   With it being later, we were even less likely to answer the phone.   Not to mention that it had been a big week, and we were looking forward to spending some time together.   Just her and I... pretending like it was the old "pre-kid" days.   Like clockwork, the phone rings again.   And again.   And again.   It hit a point at which we started to ask ourselves if we should answer it.   "It might be important." "Nah, it's probably just someone trying to sell us something."   Anyway, we decided not to answer it and savour the evening.   Thankfully, the phone did eventually stop ringing.   But…   Then we got a text message... “URGENT CHECK YOUR EMAIL.”   Now we were super curious... and concerned.   We opened up the laptop. What we saw was an email from one of our property managers.   It clicked! That's who had been calling us!   There was one line in the email that stood out: “We think the house you just bought was a drug house.”   Wait... what?!? We were in shock.   The house is in an extremely nice area.   We called them straight away.   I asked why they thought this. What about the evidence?   They replied with: - The bench tops are... sticky. - The carpet has this... smell. - There are odd people coming to the house looking for the previous owners. - Someone is even moving furniture in the backyard…   WTF...   We went to bed that evening thinking we had just made a huge financial mistake. I felt sick, and I'm sure Bianca felt the same.   Over the coming days, we investigated more.   The good news. We didn't buy a house from a drug lord.   It turns out…   We bought the house from a couple going through a messy separation.   The house had been neglected while this couple caused havoc in each other's lives.   Luckily, we have a great property manager.   It did cost us a few thousand dollars to get the house cleaned up... But, I'm always playing the long game.   Never in a million years would I have expected to be dealing with things like this as a property investor.   This is the type of stuff you will have to deal with if you invest in property.   --------   If you want to hear more of the story of buying in WA.   Or, if you want to hear Grants' experience of buying in WA, then check out this podcast episode. That’s it for this one. 
Episode Highlights: 00:00 Welcome! 01:11 Our newest sponsor and partner 03:58 What Charley is up to with his business and investments 07:19 Grant’s business and investments 08:51 Charley and Grant’s experiences buying property in WA 16:49 How to take advantage of delayed settlements 21:23 A crazy experience with tenants 26:33 Little hint on business opportunities and the Melbourne CBD If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 
Resources: ○ Business and Investing website: <a href="https://www.businessandinvesting.com/">https://www.businessandinvesting.com/</a> Subscribe: ○ Subscribe on Youtube: <a href="https://www.youtube.com/@businessandinvesting">https://www.youtube.com/@businessandinvesting</a> ○ Subscribe on Apple Podcast: <a href="https://podcasts.apple.com/au/podcast/business-investing/id1607453342">https://podcasts.apple.com/au/podcast/business-investing/id1607453342</a>
 Connect with Business and Investing: ○ Join the Business and Investing Community: <a href="https://www.facebook.com/groups/440140397804480">https://www.facebook.com/groups/440140397804480</a> ○ Follow us on Facebook: <a href="https://www.facebook.com/businessandinvestingcom">https://www.facebook.com/businessandinvestingcom</a> ○ Follow us on Instagram:<a href="https://www.instagram.com/businessandinvestingcom"> https://www.instagram.com/businessandinvestingcom</a> ○ Follow us on TikTok: <a href="https://www.tiktok.com/@businessandinvestingcom">https://www.tiktok.com/@businessandinvestingcom</a> ○ Send your enquiries or drop by to say hello: <a href="mailto:grant@businessandinvesting.com">grant@businessandinvesting.com</a>
 DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!

The Business & Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.

Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.

*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!
The Business &amp; Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.
Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.
*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

Helping business owners generate wealth inside and outside of their business.

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