The Property Academy Podcast • 23 August 2025

I Bought 3 Houses By 37 – Here's How (Case Study)⎥Ep. 2173

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What happens when you buy at the “top of the market” … and things don’t go to plan? In this episode, we share Sam’s journey of building a 3-property portfolio by the age of 37.

Sam has seen the ups and downs of investing – from doubling his first property’s value in just 3 years, to facing engineering issues with a new build, and dealing with negative equity. Despite the setbacks, he’s staying the course and has no regrets.

You’ll hear:

  • How Sam built a 3-property portfolio in Whanganui, Christchurch, and Auckland

  • Why buying at the “peak” wasn’t a mistake (even if the numbers don’t look great right now)

  • The real red flags he missed – and the lessons for every investor

This case study is a reminder that while property investing isn’t always smooth sailing, it’s about playing the long game.

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