Skip to main content

When your predictions are spot on — but life plays by its own rules.

Not long ago, I had a situation that turned into a valuable lesson for me.

I was helping a fantastic client — an Australian gentleman in his 70s — find a villa here in Bali. And we landed on a great one: a massive four-bedroom property, 372 square meters of living space, in a beautiful, quiet area just 15 minutes from the ocean.

The price? $550,000.

Now, that might sound like a lot at first glance, but for Bali — considering the size, quality, and potential — it was more than fair. And no, it wasn’t one of those overly hyped projects with neon colors, pop-art statues, and ambitions to host the next P. Diddy pool party.

It was a proper home. A solid, high-quality build with an unusually long leasehold — perfect for either long-term living or smart rental returns. Personally, I see properties like that as real gold for investors. And the numbers backed me up.

Yes, some clients were hesitant about the location (God forbid, a whole 15-minute drive under the sun). That classic “too far from the beach” worry. But I was confident: this villa had long-term value written all over it.

The client agreed. Everything was in motion. And then — at the last minute — the deal collapsed. (Yes, grown men cry too.) His funds got stuck in a Turkish bank, and the purchase fell through.

Fast forward 4–5 months, I decided to check how that villa was doing. And guess what?
Every forecast I made came true. The returns were strong, occupancy was high — exactly what I’d expected.

Sometimes, you can read the market right, trust your gut, have the right client, the right timing — and still, life throws a curveball. That’s the nature of real estate. You don’t control everything — and that’s okay. The real win is learning from every deal, even the ones that don’t go through. Those are the ones that sharpen your intuition more than any spreadsheet ever could.

Ever had one of those “almost” stories where you were this close — and still knew you were right in the end? Let me know — I’d love to hear it.

P.S. easy tip for Bali investors - go with 3br+ villas, you won’t lose

submitted by /u/Miserable-Fee1588
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1lmjhy8/when_your_predictions_are_spot_on_but_life_plays/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Obtaining a real estate license as a hobby?

Hello, I am 24 years old - 2 years out of college and I have my main job. I was looking to get a real estate license (in California if location matters) as a hobby/for fun since I like real estate ever since I was in high school. In the past 2 years, I would go to open house in the weekends to look at homes for fun. I don’t plan to practice real estate full time as I have my main job but I am curious are there any benefits to this? In the future, I plan to own multiple properties and have rentals, so I was wondering if getting a real estate license can help me with it? Thanks submitted by /u/AlohVera [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1f0qx9i/obtaining_a_real_estate_license_as_a_hobby/

Advice? Moved out of my primary residence and now renting

I moved out of the house I own in August 2021, I lived there for 8 years, I have been renting an apartment the past 3 years and renting out my house. My current tenant is moving out in September. I seem to have just missed the living 2 years out of 5 years rule for being exempt from capital gains tax and my house being a primary home. Any advice on what the best thing to do would be moving forward? Continue to rent out my house? I'm happy with my rental, but wouldn't mind buying another property down the road. I could sell my house down the road and try to do a 1031 exchange? Moving back in my house isn't ideal because it's an hour away from where I currently live. I could take a HELOC perhaps and try to buy another property and continue renting for the long term? I do have a 2.4% mortgage rate on the house so I don't mind keeping it for a while. Thanks for everyone's advice. submitted by /u/Ok-Top-7859 [link] [comments] source https://www.reddit.co...