We were hit with instant regret after buying our dream townhouse that ended up a money-draining 'nightmare' - now we know better and are thriving with five properties Talar and Michael Wadeson have purchased five properties in Australia Talar, 43, told FEMAIL their biggest regret Read more: House flipper adds $950k to house in six months after renovation By Carina Stathis For Daily Mail Australia Published: 03:16, 20 May 2024 | Updated: 03:16, 20 May 2024 e-mail View comments A couple has revealed the mistakes they made that left them in crippling debt after buying a townhouse in their 20s in a bid to live the 'Australian dream'. Talar and Michael Wadeson, 43, from Melbourne , built the property when they were 23 - but after choosing a poor location and facing countless issues with builders, they sold it only a few years later with a $30,000 loss. Now with five properties under their belt, the pair admit they did everything wrong the first time around.
They had no idea how to invest properly, didn't consider other areas (both in and outer state) with a better market and hadn't spent time selecting reputable builders and real estate agents. 'It was a regretful property purchase. It was a complete disaster, everything that could go wrong did,' Talar, a mum-of-four and physiotherapist, told FEMAIL.
A couple has revealed the mistakes they made that left them in crippling debt after buying a townhouse in their 20s in a bid to live the 'Australian dream' 'There were issues with the.