Podcast appearances and mentions of michael yardney

Dale Gilham of financial services company, Wealth Within, wears many hats - the investor, fund manager, educator, entrepreneur and author will talk about his philosophy on property investing, his setbacks and successes and how your state of mind can impact your situation.Also find out from Gilham how to set and forget to keep the emotion out of property, how he set out to achieve his goal of becoming a millionaire through continually learning more and what he has gleaned from property expert Michael Yardney via his mentorship. Hosted on Acast. See acast.com/privacy for more information.

Dale Gilham of financial services company, Wealth Within, wears many hats - the investor, fund manager, educator, entrepreneur and author will talk about his philosophy on property investing, his setbacks and successes and how your state of mind can impact your situation.Also find out from Gilham how to set and forget to keep the emotion out of property, how he set out to achieve his goal of becoming a millionaire through continually learning more and what he has gleaned from property expert Michael Yardney via his mentorship. Hosted on Acast. See acast.com/privacy for more information.

澳洲著名的地產專欄作者亞德尼(Michael Yardney)，批評再次執政的工黨，其房屋政策將推高樓價、亦無助解決住屋危機。業界認為受影響更嚴重的細價樓到底幾時會升價？

Two investing heavyweights - one in shares, one in property - face off to explore how to stay confident, calm, and profitable when the markets get wild.Join Louise Bedford and Michael Yardney to hear how the pros handle their investments when markets become volatile.Want the inside secrets?Want a front-row seat inside the mind of a pro trader? You need Chris Tate—The Market Master's blog. He pulls back the curtain on what really moves the markets, delivering no-nonsense insights and strategies you won't find anywhere else.Chris doesn't hold back—and neither should you. Subscribe for free now at tradinggame.com.au/blog and stay ahead of the game. Serious about getting the trading results you deserve?If you're serious about getting the trading results you deserve, don't leave it to chance. Head over to tradinggame.com.au and grab your free trading plan template. It's going to help you trade with confidence. Make today the day you step up. Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

In this episode of the Michael Yardney podcast, I discuss the current state of the housing market with Dr. Nicola Powell, Chief of Research and Economics. We explore the impact of federal elections on housing predictions, the effects of political uncertainty, and the concept of Solomon's Paradox in decision-making.  Our conversation also delves into the differences in housing policies between political parties, the ongoing supply and demand issues in the market, and the opportunities available in established properties. The episode concludes with insights on market trends and the importance of making property decisions based on personal circumstances rather than external noise.  Takeaways: The housing market is influenced by federal elections. Rate cuts can improve buyer sentiment and inquiry. Solomon's Paradox highlights our decision-making flaws. Political uncertainty can delay property transactions. Auction outcomes can be surprisingly positive on election days. Labour governments tend to support first home buyers more. Supply issues are a significant challenge in the housing market. Established properties are often undervalued compared to new builds. Market cycles will continue despite political changes. Personal circumstances should guide property investment decisions. Chapters: 00:00 Understanding Election Impacts on Housing Markets01:15 Current Housing Market Dynamics06:13 Myths Surrounding Elections and Housing11:03 Political Uncertainty and Its Impact15:49 Government Policies and Housing Supply20:13 Future Trends in the Housing Market Links and Resources:   Michael Yardney - https://propertyupdate.com.au/michael-yardney/ Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us - https://investor.metropole.com.au/strategic-property-plan/ Join us at Wealth Retreat - Australia's Premier Wealth Retreat for Elite Investors and Business People - www.WealthRetreat.com.au  Dr. Nicola Powell, Chief of Research and Economics at Domain. Get a bundle of free reports and eBooks – www.PodcastBonus.com.au  Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.

In this episode of the Michael Yardney podcast, I discuss the intricacies of property investment and finance with expert Hung Chuy. We explore the importance of mindset, the role of brokers, and the complexities of managing a property portfolio.   Key topics include understanding interest rates, debt recycling, and the unique challenges of commercial property financing. The conversation emphasizes the need for strategic financial planning and the benefits of using multiple lenders to maximize investment opportunities.   Takeaways  Property investment is fundamentally a finance game. The first arrow represents unavoidable pain, while the second arrow is our response to it. Choosing the right broker can significantly impact your investment success. Interest rates are important, but flexibility in borrowing is crucial. Debt recycling can help turn non-deductible debt into tax-deductible debt. Managing a property portfolio requires careful planning and strategy. Commercial property financing involves more complexities than residential financing. Self-managed super funds have specific borrowing criteria that differ from personal loans. Using multiple lenders can provide better opportunities for equity and borrowing. Mindset plays a critical role in navigating financial challenges. Chapters  00:00 Understanding the Current Finance Landscape00:28 Strategies to Attract Bank Approval01:25 Introduction to Financial Expertise04:11 Understanding the Role of Brokers06:10 Navigating Lending Policies and Borrowing Capacity08:53 Risk Management Strategies in Financing11:36 Managing Property Portfolios Effectively14:25 Exploring Development and Commercial Finance17:08 Debt Recycling and Offsetting Strategies19:48 The Importance of Strategic Planning in Finance22:26 Conclusion and Future Opportunities34:01 Understanding Market Trends and Analysis  Links and Resources:   Michael Yardney - http://michaelyardney.com/ Get the team at Metropole to help build your personal Strategic Property Plan - https://investor.metropole.com.au/strategic-property-plan/clkg/https/investor.metropole.com.au/strategic-property-plan-enquiry/ Join us at Wealth Retreat - Australia's Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au   Hung Chuy – Founder and Director of Strategic Brokers - https://www.strategicbroker.com.au/our-team/hung-chuy/ Get a bundle of free reports and eBooks – www.PodcastBonus.com.au  Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.

It’s very easy to get sucked into property market predictions continuously getting pumped out by the media! Today, I’ve brought Michael Yardney back on the show. With 50 years of investing experience, he’s seen more market cycles than most and knows what to pay attention to. We’ll break down the biggest property myths and predictions that experts will get wrong this year. Investing in property is one of the best ways to build wealth—but only if you do it right. The problem? Most investors get it wrong by following short-term hype instead of long-term strategy. With so many "experts" giving conflicting advice, it's easy to feel lost. If you want to avoid costly mistakes and build real wealth, this episode is a must-listen. Let’s go inside!

It's customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead, and in today's show, Dr Andrew Wilson and I explore the trends that will shape the property markets in 2025.    Takeaways        The housing market in 2024 has been consolidating after a strong rebound in 2023. 2025 is likely to be a year of 2 halves, and the markets will rebound when interest rates fall.        Melbourne's property market is underperforming compared to other capitals but offers significant future opportunities as you can buy well located properties with substantial built in equity.        Interest rates will likely remain steady till the middle of 2025, impacting buyer activity and market sentiment.        Over 2024, Brisbane, Perth, and Adelaide property markets grew strongly and attracted investors, often buying secondary properties sight unseen        Rental growth has slowed due to affordability barriers, but vacancy rates remain extremely low.        Investors are returning to the market, particularly in states with strong capital growth.        The economic outlook remains positive, supporting housing market stability in 2025.        Local factors will drive price growth in 2025, rather than national trends.        Understanding demographic trends is crucial for property investors.        A strategic property plan can help investors navigate the current market conditions with more certainty.   Chapters 01:24 Year in Review: Housing Market Insights 04:16 Trends and Predictions for 2025 07:31 Regional Market Dynamics: Brisbane, Perth, and Adelaide 10:19 Melbourne's Market Challenges and Opportunities 13:15 Interest Rates: Current Landscape and Future Outlook 16:10 Investor Behavior and Market Shifts 19:21 Rental Market Trends and Affordability Issues 22:14 Investment Opportunities in a Changing Market 25:04 Consolidation and Future Growth Prospects 32:16 Introduction to Property Investment Trends 36:14 Introduction to Real Estate Investment 36:15 Understanding Market Trends and Analysis 37:39 Special Offers and Resources for Listeners 39:02 Understanding Property Investment Strategies   Links and Resources:   Michael Yardney   Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us  Get a bundle of free reports and eBooks – www.PodcastBonus.com.au    Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for  Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.  Shownotes plus more here: Looking Back, Leaping Forward: Dr. Andrew Wilson's Predictions for 2025

Do you want to make a fortune with investing? We've got just what you need! Join Louise Bedford and Michael Yardney as they discuss how mastering your money mindset can boost your investing success. Whether you're a seasoned investor or just starting out, this episode is packed with practical, evidence-based strategies to help you build resilience, overcome biases, and develop habits for lasting financial success.We're about to open the doors for our very next 6-month, repeat-for-free Mentor Program. You need to register on our Trading Game website, or you'll just miss out. And imagine being able to trade your way to freedom, safe in the knowledge that you've got our support every step of the way. Go to www.tradinggame.com.au and investigate the Mentor Program. Louise Bedford's free Hot or Not Special Report will tell you the latest hot and cold sectors on the Aussie market. Get your copy from: https://reports.tradinggame.com.au/special-report-hot-or-not/ It will give you the sectors that are likely to lead the next bull run, as well as the sectors you need to avoid at all costs. Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Housing affordability, or the lack thereof, and the historically low vacancy rates, have often been blamed on a large number of overseas migrants coming to Australia, so what would happen if we stopped migration? That's what I'm going to be discussing today with leading demographer Simon Kuestenmacher.. However, this is a special episode of a new second podcast that I'll be delivering to you each week with Simon. Over the last four years, Simon has been one of the most popular regular guests on this podcast and because we both believe the demographics are going to be one of the main drivers of our property markets, business, and economy moving forward, we are publishing a separate podcast that we're calling Demographics Decoded where we're going to unravel the trends that will shape the future of your investment decisions business strategies and organizational planning. While you're hearing the show today on the Michael Yardney podcast, Demographics Decoded has its own channel on all podcast Apps and YouTube. I'm running the show here on the Michael Yardney podcast to give you a taste of what's ahead, but please stop for a moment and look for demographics decoded on whichever podcast App you're currently listening to this show on and subscribe to that show as well. I will leave a link in the show notes to make it easy. Links and Resources: Subscribe to the Demographics Decoded Podcast on: ●        Apple Podcasts:   https://podcasts.apple.com/au/podcast/demographics-decoded-unveiling-the-trends-shaping/id1755981675 ●        Spotify: https://open.spotify.com/show/6qsThQ6mIXK8RKWlhst1xK ●        YouTube:  https://www.youtube.com/playlist?list=PLssKuseYAEYwHYfEI262DzEqNQjZKhykA Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Simon Kuestenmacher – Director, The Demographics Group Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: What if we stop immigration – will it really help our property markets? With Simon Kuestenmacher

Welcome to another monthly Big Picture episode of the Michael Yardney podcast. Each month, I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views. In this episode, we explore a range of topics from inflation and government spending to property investment strategies and market trends. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's blog Pete Wargent's new book, The Buy Right Approach to Property Investing Pete's podcast episode we mentioned Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for  Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: Economic Indicators That Property Investors Must Know About | Big Picture Podcast with Pete Wargent

Today, leading demographer Simon Kuestenmacher and I will explain why the 2030s is going to be an outstanding decade for property. Now and then there is a significant strategic shift that creates a substantial property boom. Today, you'll hear why Simon believes the great wealth transfer of up to $6 trillion as the baby boomers die off will create an outstanding property and economic boom. Today's show is the third episode of my new weekly podcast Demographics Decoded with Simon Kuestenmacher. Over the last four years, Simon Kuestenmacher has been one of the most popular regular guests on this podcast, and because we both believe the demographics are going to be one of the main drivers of our property markets, business, and economy moving forward, we are publishing a separate podcast that we've called Demographics Decoded where we're going to unravel the trends that will shape the future of your investment decisions business strategies and organisational planning. I'm running this episode show here on the Michael Yardney podcast to give you a taste of what's ahead. However, please stop for a moment and look for Demographics Decoded on whichever podcast app you're currently listening to this show on, and subscribe to that show as well. I will also leave a link in the show notes to make it easy. Links and Resources: Subscribe to the Demographics Decoded Podcast on: ●        Apple Podcasts:   https://podcasts.apple.com/au/podcast/demographics-decoded-unveiling-the-trends-shaping/id1755981675 ●        Spotify: https://open.spotify.com/show/6qsThQ6mIXK8RKWlhst1xK ●        YouTube:  https://www.youtube.com/playlist?list=PLssKuseYAEYwHYfEI262DzEqNQjZKhykA Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Simon Kuestenmacher – Director, The Demographics Group Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: The Great Wealth Transfer – Baby Boomers Passing the Torch to the Next Generation with Simon Kuestenmacher

In this episode, I'm catching up with Michael Yardney to dive into the complexities of Australia's housing crisis. With the next election heating up, housing affordability is becoming a major talking point. Michael shares his candid insights on why the current solutions will likely not be enough to address the core issues.  From the rental market challenges to the long-term impacts on property values, we unpack what these political moves mean for the future of Australian real estate. Let's go inside.    About Michael Yardney Michael Yardney, who has  been voted one of Australia's top 50 influential thought leaders. While he is best known as a property expert, Michael is also Australia's leading expert in the psychology of success and wealth creation and the author of 9 books including the international best seller Rich Habits, Poor Habits which has been translated into 5 languages. He was once again voted Australia's leading property investment advisor. His opinions are highly sought after and frequently quoted in the media.   Connect with Michael: Michael Yardney website: https://michaelyardney.com/ LinkedIn: https://au.linkedin.com/in/michaelyardney Youtube: https://www.youtube.com/c/MichaelYardney Instagram: https://www.instagram.com/michaelyardney/   Resource Links: Find out more about how Michael Yardney and Metropole can help with your investing on the East Coast. https://metropole.com.au/ Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)   Episode Highlights: Intro [00:00] Australian Housing Market, Government Policies, and Immigration [03:53] Housing Affordability in Australia, Government Policies, and Building Industry Challenges [08:20] Housing Market Trends, Including Population Growth and Family Formation [15:27] Australian Property Market, Government Incentives, and Supply Issues [19:52] Property Market Challenges and Opportunities in Australia [26:56] Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.   Connect with Perth Property Insider: Subscribe on YouTube:  https://www.youtube.com/@InvestorsedgeAu Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

Today's show is the second episode of my new weekly podcast with Simon Kuestenmacher. We'll be talking about tribes. And let's face it – we all belong to one. So, as a property investor, business owner, or entrepreneur, you really must understand how the various tribes think and what they want out of life. For the last four years, Simon has been one of the most popular regular guests on this podcast and because we both believe the demographics are going to be one of the main drivers of our property markets, business, and economy moving forward, we are publishing a separate podcast that we've called Demographics Decoded where we're going to unravel the trends that will shape the future of your investment decisions business strategies and organisational planning. I'm running the show here on the Michael Yardney podcast to give you a taste of what's ahead, but please stop for a moment and look for Demographics Decoded on whichever podcast App you're currently listening to this show on and subscribe to that show as well. There is also a link below to make it easy. Links and Resources: Subscribe to the Demographics Decoded Podcast on: ●        Apple Podcasts:   https://podcasts.apple.com/au/podcast/demographics-decoded-unveiling-the-trends-shaping/id1755981675 ●        Spotify: https://open.spotify.com/show/6qsThQ6mIXK8RKWlhst1xK ●        YouTube:  https://www.youtube.com/playlist?list=PLssKuseYAEYwHYfEI262DzEqNQjZKhykA Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Simon Kuestenmacher – Director, The Demographics Group Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Demographics Decoded: The Tribes Shaping Australia's Future with Simon Kuestenmacher

Hi, and welcome to another episode of the Michael Yardney podcast;. This is a very special episode because I'm introducing the new second podcast that I'll deliver each week with leading demographer Simon Kuestenmacher. For the last four years, Simon has been one of this podcast's most popular regular guests. Because we both believe the demographics are going to be one of the main drivers of our property markets, business, and economy moving forward, we are publishing a separate podcast we're calling Demographics Decoded, where we are going to unravel the trends that will shape the future of your investment decisions, business strategies and organizational planning. We will unpack the data to unveil the future migration pattern and generation changes, which will impact industries and economies. While you're hearing the show today on the Michael Yardney podcast, Demographics Decoded has its own channel on all podcast apps and YouTube. I'm just running the show here on the Michael Yardney podcast to give you a taste of what's ahead, but please stop for a moment and look for demographics decoded on whichever podcast app you're currently listening to this show on and subscribe to that show as well. I will leave a link in the show notes to make it easy. So on with episode # 1 of the Demographics Decoded Podcast - I hope you enjoy it and please remember to subscribe on your favorite podcast app. Links and Resources: Subscribe to the Demographics Decoded Podcast on: ●        Apple Podcasts:   https://podcasts.apple.com/au/podcast/demographics-decoded-unveiling-the-trends-shaping/id1755981675 ●        Spotify: https://open.spotify.com/show/6qsThQ6mIXK8RKWlhst1xK ●        YouTube:  https://www.youtube.com/playlist?list=PLssKuseYAEYwHYfEI262DzEqNQjZKhykA Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Simon Kuestenmacher – Director, The Demographics Group Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Demographics Decoded with Simon Kuestenmacher Unveiling the trends that will shape your future

Ready to crush self-doubt and supercharge your trading?In the latest episode of Talking Trading, Louise Bedford teams up with Michael Yardney to dive deep into the Impostor Syndrome – a silent success killer.Discover practical strategies to banish self-doubt, celebrate victories, and overcome the lies the Impostor Syndrome tells you.Starting August 13th, we're launching Trading Nuggets – a 4-video series of bite-sized inspiration designed to reignite your trading passion and boost your performance. Each video is packed with powerful insights you can absorb in under 5 minutes a day. And best of all, they're completely free. Register on tradinggame.com.au/blog and get ready to elevate your trading game!Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

Welcome to another Big Picture episode of the Michael Yardney podcast, where I chat with leading financial commentator Pete Wargent. Since our last chat, a lot's happened, including rising inflation causing embarrassment to the Reserve Bank, with some commentators now speculating interest rates will rise again. As usual, there are clues in the news as to what's ahead for our economy and our housing markets and we discuss a raft of macro and microeconomic factors that should give you some clues as to what's ahead for our housing markets. Housing Market Hurdles and Economic Trends in Australia We discuss: ●        The May inflation figures and their potential impact on future interest rate hikes ●        How government spending, particularly federal and state budgets, is contributing to inflation ●        Rising living costs and electricity prices and their effects on spending habits across different demographics ●        Challenges faced by the Australian government's target to build 1.2 million homes by 2029 o   High cash rates o   Reduced investor interest o   Soaring construction costs ●        Comparing current construction trends to peak periods like 2017 ●        The roles of foreign buyers in the market ●        Insights from Pete's book, The Buy Right Approach to Property Investing Mastering the Skills to Invest Wisely in Properties. This episode is packed with expert insights from Pete and practical tips, making it a must-listen for anyone interested in understanding and navigating the complexities of Australia's economic and housing market landscape. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's blog Pete Wargent's new book: The Buy Right Approach to Property Investing: Mastering the skills to Invest Wisely in Property Some of our favorite quotes from the show: “Well, the May housing approval figures came out and they shot up a little bit, but we're still nowhere near the sort of figures we're going to need to reach that target.” – Michael Yardney “I guess what we're saying is that unemployment is going to rise a little bit. The Reserve Bank wants that, but that may slow inflationary pressures down a little bit. But there's still jobs out there if you're wanting them.” – Michael Yardney “The message here is most of the critics actually sit on the sidelines. They're not in the arena, they don't try.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Today, I'm excited to have Michael Yardney of Metropole, one of Australia's top property investing experts back on the show to discuss what he sees for the next 10 years ahead. We are taking a deep dive into the 10 property forecasts and 10 things that will stay the same.  There's a lot of continuous noise in the media, and it's hard to know what to pay attention to. Michael cuts through all this with his big-picture view of what we might expect over the next decade and helps prepare us with the investing psychology to win! Let's go inside.       Resource Links: Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)       Episode Highlights: Intro [00:00] Property market trends and demographic changes [03:00] Property Market Trends, High Demand and Limited Supply, Impact of population growth and Infrastructure Development. [09:28] Homeownership in Australia, Government Incentives, and Stamp Duty [15:27] Australian Property Market, including Government Policies and Investor Optimism [18:07] Property Investment Trends for the next decade [22:59] Housing Market Trends in Australia [28:05] Wealth Transfer, Aging Population, and Job Displacement [30:14] Demographic changes, Technology, and Property Market Trends [35:40] Property Market Trends and Investment Strategies in Australia [40:33]   Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.       Connect with Perth Property Insider: Subscribe on YouTube:  https://www.youtube.com/@InvestorsedgeAu Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

In today's episode of the Michael Yardney podcast, I explore the power of positivity in wealth creation together with Tom Corley, the co-author of my international best-selling book, Rich Habits, Poor Habits. We'll be dissecting Tom's blog post "Don't Let Others Infect You With Their Negativity," and discussing how a positive mindset is about more than just feeling good – it's an important factor in successfully investing in property and building wealth. We'll also talk about how you can apply Tom's principles to your own property investment and wealth journey. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Tom Corley's blog Get your copy of Rich Habits, Poor Habits here- www.RichHabitsPoorHabits.com Join us at Wealth Retreat 2024 at the end of April – www.WealthRetreat.com.au Shownotes plus more here: Rich habits for real estate success: Tom Corley's approach

Today we speak with titan of Australian real estate, Michael Yardney. Beginning his journey in the 1970s, Michael now reaches over 2.7 million readers annually through his popular blog, Property Investment Update. Voted Australia's top property investment advisor six times, Michael understands both the practical and psychological keys to success in real estate investing and achieving financial freedom.In this episode, Michael shares his perspective on current economic trends and how market cycles tend to rhyme if not repeat. We discuss the patience and intentional mindset required to break free from the “time equals money” trap through property investment. Michael explains common mental obstacles that hold people back from realizing their financial potential, and how to shift focus to your “inner world” first. Tune in to uncover Michael's “secret sauce” to persevering through ups and downs over decades in property, ultimately reaching not just financial but also locational and time freedom.Connect with Michael thru the social links below and learn more about his business:Facebook: https://www.facebook.com/michael.yardneyInstagram: https://www.instagram.com/michaelyardney/Website: www.PropertyUpdate.com.auUnlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgiftIf you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free! on our website for blogs & other podcast interviews! elevateequity.org our YouTube channel! youtube.com/channel/derekclifford our book/audiobook! amazon.com/dp/ebook If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook

Find out how to make your money work for you in real estate Happy New Year, dear listeners! Wishing you a year filled with abundance, growth, and success. Get ready for an exciting journey ahead as we make 2024 our best year yet! Surround yourself with the right professionals and experts to successfully maximise your real estate investment potential. It is necessary for investors to seek the right knowledge and strategies that allows them to leverage the collective wisdom of qualified people, enabling them to make informed decisions, mitigate risks, and optimise returns on their real estate investments. And recognising the value of the "ask who, not how" approach proves instrumental in creating a solid foundation for success. Get ready and learn how to make your money work for you instead of working for your money. Mark Creedon, a renowned expert and sought-after business advisor in the world of real estate investment. Mark shares his extensive knowledge and experience, gained through years of coaching and partnering with industry leaders like Michael Yardney. His insight and strategic thinking have been a valuable addition to Metropole for a number of years. Together, we explore various strategies to build wealth through real estate and provide actionable advice to make informed investment decisions. Key Takeaways: Seek guidance from experts in real estate investment to mitigate risks and maximise return Finding the right people (who) to help with real estate investments, rather than trying to figure out everything on your own (how) Don't rely solely on personal experience or luck when making property investment decisions Understand the fundamentals of property investing and make decisions based on trusted sources Timing the market is less important than time in the market; focus on long-term growth Leverage your investments by choosing properties that offer potential for capital growth Emotional decision-making can hinder investment success; remove it and rely on expert advice Building a sense of community and belonging is crucial Consider working with a buyer's agent to navigate the property market and secure off-market opportunities All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com Stay tuned next week when I talk to Jerome Lemarque, a mind management expert. So, don't forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy. Links: metropole.com.au/ metropolemastermind.com.au/why-mark/ metropole.com.au/expert/expert-mark-creedon/

It's the time of the year when many of us are looking back at 2023 to see what's ahead for our housing markets in 2024. I was recently interviewed by Aaron Christie-David of Atelier Wealth for his Australian Property Investment Podcast. We had such a great discussion I asked Aaron if I could replay this episode for you, followers of the Michael Yardney podcast. In this replay, you'll hear my analysis of the Australian property market's performance in 2023 as well as educated predictions for 2024. Our discussion spans a variety of topics including the resilience of the market amidst rising interest rates, the increasing trend towards higher-density living, and the impact of government policy on homeownership. We also examine the urban infrastructure challenges posed by rapid population growth and consider innovative solutions to accommodate the demand for housing. Whether you're a new or seasoned investor, listening to this episode will help you gain valuable insights and strategies for property investment, underlining the importance of a proactive approach and the right mindset for success in the ever-evolving landscape of real estate investment. Market Mastery: Unpacking Australia's Real Estate Trends In our conversation today, we explore the complexities of the Australian property market, discussing trends from the previous year and making predictions for the future. Our discussion spans a variety of topics, including the resilience of the market amid economic changes, the role of government policy, demographic shifts, and the challenges of urban infrastructure. ●        How 2023 went for Metropole ●        The dynamic Australian property market of 2023 and its resilience despite interest rate hikes ●        The government's influence on homeownership trends and the shift toward high-density living ●        The property market's surprising buoyancy and the role of cash-rich buyers in driving demand ●        Market indicators such as consumer confidence, auction clearance rates, and active bidders ●        Housing affordability and the localized rise in property values ●        Urban infrastructure challenges due to population growth and innovative housing solutions ●        Insights from an interview with Leilani Burra on demographic trends and the need for new homes ●        The importance of mindset and strategies for long-term success in property investment ●        Avoiding common pitfalls and the value of mentorship and professional guidance Whether you're a seasoned investor or just starting out, the insights and discussions in this podcast will equip you with the knowledge and foresight needed to navigate the property landscape with confidence. It's a treasure trove of information that underscores the multifaceted nature of real estate investment and the various factors that contribute to success in this field. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Aaron Christie-David -   Atelier Wealth Listen to the original Podcast here – The Australian Property Investment Podcast Get a bundle of eBooks and reports – www.PodcastBonus.com.au Some of our favorite quotes from the show: “One of the big, big changes at the beginning of this year is I stepped back from being CEO. I founded the company Metropole Properties in 1979, but we've been working with clients for almost 25 years now and I decided to step back and enjoy those things we're talking about.” – Michael Yardney “I'd rather bring people up through education, through better jobs, through more skills, through good incentives from the government to allow them to buy their homes as well.” – Michael Yardney “Usually, I've found that people who have had luck actually need to have the hubris, the ego, kicked out of them by the world doing it.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how  

Have you wondered how the 2023 property market performed amidst rising interest rates?Welcome to the Australian Property Investment Podcast. In each episode, we ask guest experts to share their key insights for aspiring investors to make confident property choices.In this week's episode, Metropole director and leading property investment & wealth strategist, best-selling author and publisher of Australia`s leading investment e-magazine Michael Yardney crystallises the key drivers - from migration-powered demand to encourage urban densification. Gain insights on navigating 2024's fragmenting markets amidst tightened credit.If you're ready to access decades of hard-won property investing wisdom, tune in to this episode!Time Stamps:00:00 - Intro02:30 - 2023 Reflections04:30 - Property Investing Through the Ages05:19 - 2024 Property Market Outlook14:33 - Government's Role in Home Ownership21:42 - Can Higher Density Housing Temper City Spread?26:54 - Fraction Scale-Up Property Portfolios33:02 - Michael Yardney's Propertymarketupdate.com.au34:43 - Investor's Guide to Strategic Scaling41:07 - Final Thoughts and OutroAbout Our Host:Aaron-Christie David founded Atelier Wealth, a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron's focus is clear – supporting property investors to make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years. With over 10 years of financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.Connect with Aaron:Visit the website: https://atelierwealth.com.au/   Follow the Australian Investment Property Podcast's Official Instagram account: https://www.instagram.com/aupropertyinvestmentpodcast/  Follow Aaron on Facebook: https://www.facebook.com/aaronchristiedavid    Follow Aaron on LinkedIn: https://www.linkedin.com/in/aaron-christie-david-a7482a21/   Subscribe to Atelier Wealth's YouTube Channel: https://www.youtube.com/channel/UCKdm2ssEHel1kyQLAHGvNPQ Connect with Michael:Visit the Property Update website: https://propertyupdate.com.au/author/michael/ Visit the Metropole website: https://metropole.com.au/expert/expert-michael-yardney/ Follow Michael on LinkedIn: https://www.linkedin.com/in/michaelyardney/ Subscribe to Michael's YouTube Channel: https://www.youtube.com/c/MichaelYardney 

In today's episode, I am excited to have leading property investment advisor and property market expert Michael Yardney from Metropole Property Strategists join me once again to take a look back on the year that was 2023 and what is ahead for 2024.  As we reflect on the significant events of the past year, Michael will shed light on the implications and how the real estate landscape is changing.  This discussion is not just about numbers and trends; it's about understanding how to make better property investment decisions as we approach 2024.  We finish by talking about the big picture for how to live the life of a property millionaire and how executing the right plan can get you there. Let's dive in.   Resource Links: See how Michael and his team at Metropole can help you with your property investment journey https://metropole.com.au/ Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)   Episode Highlights: Intro [00:00] Housing Market Impact of Rising Interest Rates in Australia [04:06] Australia's Rental Crisis and Its Impact on Investors and Tenants [09:57] Property Market Trends in Australia, With a Focus on Perth and Brisbane [15:18] Australian Property Market Trends and Investment Strategies [20:12] Real Estate Investing in Australia, Focusing on Median Prices and Demographics [25:11] Property Investment Strategies and Endgame Planning [29:15] Property Investment Strategies and Goals [34:18] Outro [38:40]   Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.   About Michael Yardney Michael Yardney, who has  been voted one of Australia's top 50 influential thought leaders. While he is best known as a property expert, Michael is also Australia's leading expert in the psychology of success and wealth creation and the author of 9 books including the international best seller Rich Habits, Poor Habits which has been translated into 5 languages. He was once again voted Australia's leading property investment advisor. His opinions are highly sought after and frequently quoted in the media.   Connect with Perth Property Insider: Subscribe on YouTube:  https://www.youtube.com/@InvestorsedgeAu Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

Today's episode is something a little different but it's a special one. I recently had the privilege of joining Felicity and Candice from the "Talk Money to Me" podcast and it was a fantastic conversation. Today I'm going to replay that interview for you. In our chat, I dive deep into the current state of the property market and given the challenges many property investors are facing now, hopefully, by answering Candice and Felicity's questions, I'll also be answering some of your questions. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Felicity Thomas and Candice Bourke are Senior Private Wealth Advisers at Shaw and Partners Check out their range of services here Follow their Talk Money to Me Podcast here Shownotes plus more here: An Insider's Guide to Property Investing, Felicity and Candice from “Talk Money To Me Podcast” grill Michael Yardney

Learn how to master the art of property investment Many people think property investment is a quick way to get rich, but it's not. It is an orderly approach to building wealth over time. It is a long-term game that requires strategic planning. You need to deeply understand the property market because it involves buying and holding properties. You have to focus on areas with high growth potential and consider factors such as demographics, lifestyle preferences, and affordability. Michael Yardney is a renowned property investor and expert in the field. With over 50 years of experience, he has been voted one of Australia's 50 most influential Thought Leaders. And while he is best known as a property expert, Michael is also Australia's leading expert in the psychology of success and wealth creation. He is a #1 best-selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Key takeaways: Property investment is not easy, but it can be simple with the right knowledge and strategies It is important to understand that property investment is a long-term wealth-building strategy Finding a knowledgeable and experienced property advisor or coach can greatly increase the chances of making sound investment decisions Researching and analyzing local markets, demographics, and future development plans are very important for investment Investing in properties requires capital and careful financial management Maintaining a long-term outlook and effectively navigating the fluctuations of the real estate market are crucial Managing emotions and avoid making decisions based on short-term market conditions Aspirational suburbs with growth potential and increasing demand tend to be good investment choices All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com Stay tuned for more episodes because we will be talking to more key figures, who are contributing to the industry. So, don't forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy. Links: https://propertyupdate.com.au/category/michael-yardney-podcast/ https://www.youtube.com/c/MichaelYardney https://metropole.com.au/expert/expert-michael-yardney/ https://michaelyardneybooks.com.au/

We're back with the best-selling co-author of 'Rich Habits, Poor Habits' and Metropole Property Group Founder Michael Yardney. Well-equipped with more than five decades of investing, he explains the power of mindset, he value of having a team, and the foolproof rich habits that can be powerful allies in one's pursuit to property success. Plus, this phenomenal investor reveals how being a good (and more so, great!) negotiator is key to buying or selling property! Hosted on Acast. See acast.com/privacy for more information.

We're back with the best-selling co-author of 'Rich Habits, Poor Habits' and Metropole Property Group Founder Michael Yardney. Well-equipped with more than five decades of investing, he explains the power of mindset, he value of having a team, and the foolproof rich habits that can be powerful allies in one's pursuit to property success. Plus, this phenomenal investor reveals how being a good (and more so, great!) negotiator is key to buying or selling property! Hosted on Acast. See acast.com/privacy for more information.

Michael Yardney, founder of Metropole Property Group and voted as one of the 50 most influential thought leaders in Australia. With over 50 years of property investing experience, he eagerly imparts the wisdom he has gained along the way—from writing best-selling books to turning a $18,000 property to a multi-million investment! Hosted on Acast. See acast.com/privacy for more information.

Michael Yardney, founder of Metropole Property Group and voted as one of the 50 most influential thought leaders in Australia. With over 50 years of property investing experience, he eagerly imparts the wisdom he has gained along the way—from writing best-selling books to turning a $18,000 property to a multi-million investment! Hosted on Acast. See acast.com/privacy for more information.

The Power of Personalisation and Convenience in Gift Giving Creating personal surprises for your clients shows that you've been listening to and understanding their concerns and passions. And you develop surprises for them through the build process. And the reason that we do that is if you blow your client's mind, it feeds into the single best marketing process that you can have for your business because you're tapping into that relationship between somebody who already loves and trusts you and some, somebody else who they have a connection with and have trust with. It's just the best form of marketing, and these surprises make an impact. In this episode, we have a special guest, Mitch Proestos, Managing Director at Food Studio Shop. Specialise in bespoke gifting solutions for the Building industry and high-end clients, providing what mainstream services cannot, being nimble and attentive to each individual's needs. With a background in retail and a passion for food, Mitch understands the importance of creating a unique client experience. He believes in listening to his clients and tailoring gifts to their needs and preferences. By providing convenience, flexibility, and attention to detail, Mitch helps builders and businesses make a lasting impression on their clients. Key takeaways: Personalising gifts based on client preferences and passions creates a memorable client experience Listening to clients and understanding their needs is crucial in providing the best gifting solutions Convenience and flexibility in the gifting process are essential for builders to focus on their work while still delivering exceptional client experiences Focus on finding the right people (who) to handle tasks instead of trying to do everything yourself (how) Building strong relationships with builders and understanding their clients' preferences leads to successful collaborations and positive feedback GiftU specialises in personalised gifting that is not often found through a Google search Convenience and flexibility are key in the gifting process, with GiftU accommodating the client's budget and communication preferences All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com Stay tuned next week when I talk to Michael Yardney, Australia's 50 most influential Thought Leaders. So, don't forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy. Links: https://www.facebook.com/GIFTuPremiumGifting/ GIFTu (@giftu_premium_gifting) • Instagram photos and videos https://giftu.com.au/ sales@giftu.com.au https://theaustralianbrisketboard.com.au/

Welcome to the Michael Yardney podcast. Today Dr. Andrew Wilson and I will be addressing all the talk about Australia falling into a recession. We will share the latest immigration statistics which show Australia increased its population by almost half a million people in 2022, and we'll explain what the latest unemployment figures suggest is ahead for our economy and interest rates. Dr. Wilson will also discuss the current economic landscape and shed some light on the potential outcomes for our economy and housing markets. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Will our high immigration numbers be enough to stop a recession? With Dr Andrew Wilson

While you've probably heard me suggest you should treat your property investments like a business, in today's podcast I'm going to explain to you the different property investment games the people are playing, and how you must beware of taking advice from the people playing a different game than you are? What do I mean by playing a different investment game? That's what I'm going to explain to you today. I'm also going to share with you what makes an investment-grade property, and here's a spoiler alert... What makes a great investment for me probably won't be a good investment for you. Links and Resources: Subscribe to Michael Yardney's Property Update daily breifing Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: The Property Investing Puzzle: piecing together a successful real estate strategy

Negotiation is a game of strategy, and those who master it can achieve great success in the property market. But how do you know if you're a good negotiator? Do you always aim for a win-win, or do you have a secret fallback position that you rely on? In this episode, we explore the art of negotiation with renowned property expert Michael Yardney, who has developed a range of tactics to influence and persuade others to do what he wants them to do. With his book "Negotiate, Influence, Persuade: How to Persuade Others to Do What You'd Like Them to Do," Michael delves into the psychology of deal making, exploring how to achieve your desired outcomes by understanding the other party's perspective. We also discuss whether commonly used negotiation strategies such as aiming for a win-win or meeting in the middle are still effective in today's market, or whether it's time to ditch them and study the psychology of deal making instead. While we'll be viewing negotiation through a real estate lens, Michael's book emphasises that negotiation is a life skill that can be applied to any situation. Whether you're negotiating a property deal or trying to do something otherwise, understanding the psychology of deal making will certainly help you achieve your desired outcome. So if you're looking to improve your negotiation skills and achieve success in the property market, be sure to tune in to this episode and learn from one of the best in the business. Episode Highlights: 00:00 - What is the art of negotiation? 02:41 - Michael's inspiration behind his book "Negotiate, Influence, Persuade” 04:47 - Realising that all life is in negotiation 05:49 - What is the best negotiation? 08:31 - Let's talk about the three key areas of power in negotiation 12:43 - Don't go into a negotiation without knowing the end result 17:16 - Don't be tricked into making another offer 20:47 - What are the two motivators of negotiation? 24:33 - What are the benefits of having a good buyer's agent? 29:02 - How to negotiate in a buyer's market? 35:55 - The key thing buyers need to know about negotiation 38:21 - The biggest negotiating mistake property owners make 40:18 - The pros and cons of having different levels of vendor disclosure in different states in Australia 42:54 - How to make an offer after doing your due diligence 45:39 - What are some of the biggest biases in real estate negotiation? 50:41 - What is anchoring bias and how is it used in the real estate market? 57:52 - Michael Yardney's property dumbo About Our Guest: Michael Yardney is a highly respected and influential figure in Australia's property market, with an impressive list of credentials that includes being #1 bestselling author of 9 books and being voted one of Australia's 50 most influential thought leaders. He is also a trusted property commentator whose opinions are regularly quoted in the media, including major newspapers, finance and property magazines, and on Sky TV and commercial radio. What sets Michael apart is that he is not just a theorist but also a successful property investor and developer, and as a director of Metropole Group of Companies, he leads a team of professionals who help clients grow, preserve and pass on their wealth. Connect with Michael Yardney: Connect with Michael on LinkedIn: https://www.linkedin.com/in/michaelyardney/ Follow Michael on Instagram: https://www.linkedin.com/in/michaelyardney/ Follow Michael on Twitter: https://twitter.com/michaelyardney Discover Michael's books on Amazon: https://amzn.to/40Dvtuj Visit Michael's website: https://propertyupdate.com.au/ Resources: The Elephant in The Room Property Podcast Episode 029: Negotiation masterclass | Fiona McKenzie, Resolving Matters https://www.theelephantintheroom.com.au/podcasts/029 Negotiate, Influence, Persuade: How to Persuade Others to Do What You'd Like Them to Do by Michael Yardney https://www.amazon.com/Negotiate-Influence-Persuade/dp/1925927245 The Elephant in the Room Property Podcast Episode 001: Who is Really Making the Decisions When You Bid at Auction? https://www.theelephantintheroom.com.au/podcasts/1 Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.wealthful.com.au Work with Chris: hello@wealthful.com.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

In this episode, we discuss the top Kiwi property investment shows and series that teaches you about property investment and how to buy your first home. These include shows produced by CoreLogic, Steve Goodey, Tony Alexander, Property Couch and Michael Yardney. Ultimately this allows people to continue learning about property investment ... even if you don't feel like paying for it.

In a world of economic uncertainty, it's easy to feel like achieving financial freedom is impossible. In today's show, Ken Raiss and I answer a number of your questions about how, despite all the unknowns ahead, property investors can achieve the end game of financial independence. You'll hear that although the journey may not be easy, with careful and thoughtful planning, you can put yourself in the best possible situation and start achieving your financial goals. I know that many of our clients at Metropole have built substantial property portfolios that are giving them the sort of options in their lives they never thought possible, so I hope by the end of today's show you will have more clarity and direction for your investments in the current interesting times. Links and Resources: Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here Join Ken Raiss and Michael Yardney at Wealth Retreat 2023 – find out more here In turbulent times like we're experiencing why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Why not get your bundle of E-books and resources as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here: Securing financial freedom in uncertain times – Strategies for Success Part 2 With Ken Raiss

In a world of economic uncertainty, it's easy to feel like achieving financial freedom is impossible. In today's show, Ken Raiss and I answer a number of your questions about how, despite all the unknowns ahead, property investors can achieve the end game of financial independence. You'll hear that although the journey may not be easy, with careful and thoughtful planning, you can put yourself in the best possible situation and start achieving your financial goals. I know that many of our clients at Metropole have built substantial property portfolios that are giving them the sort of options in their lives they never thought possible, so I hope by the end of today's show, you will have more clarity and direction for your investments in the current interesting times. Links and Resources Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here Join Ken Raiss and Michael Yardney at Wealth Retreat 2023 – find out more here In turbulent times like we're experiencing, why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Why not get your bundle of E-books and resources as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here: Securing financial freedom in uncertain times with Ken Raiss

You probably listen to this podcast because you're interested in property, money, and success, and while today we will be talking about Australia's economy, what we discuss really relates to all of these. You see... despite all those interest rate rises the Reserve Bank has been throwing at us trying to slow inflation and our spending, Australia's GDP expanded at the fastest annual rate this century in the September quarter as the economy accelerated from Covid-related lockdowns a year earlier. So today, I'd like to share with you 13 things you need to know about our economy as I chat with Ken Raiss, director of Metropole Wealth Advisory. But don't worry, this won't be a heavy discussion. We want to give you the type of information you need to understand so you can know what's ahead for 2023, as this will affect our property markets and your hip pocket, including your wages. Links and Resources: Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here Join Ken Raiss and Michael Yardney at Wealth Retreat 2023 – find out more here In turbulent times like we're experiencing, why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Why not get your bundle of E-books and resource is as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here: 13 things to know about the Australian economy right now, with Ken Raiss

In this episode of She Renovates, Bernadette Janson spoke to John Lindeman. He has been in the property investment business for a long time and has a wealth of knowledge on the subject. This has made him one of Australia's leading property market analysts, renowned as the property market researcher that experts go to for all their Australian housing market insights. John is a popular contributor to property-related media, such as Your Investment Property magazine, Michael Yardney's Property Update, Kevin Turner's Real Estate Talk, and Alan Kohler's Eureka Report. To add to this, John also published a landmark, bestselling book for property investors: Mastering the Australian Housing Market. It was an honour to have John as a guest on the podcast to share his wealth of information. Listen as we talk about John's property investment journey, choosing the best investment properties, property hotspots, negative- vs positive-geared properties, and much more. EPISODE HIGHLIGHTS: 00:00 Intro 01:50 Where did John's interest in the property market come from? 03:26 How do people work with John? 04:44 The Importance of educating yourself in the property market. 05:49 John's philosophies on property investing. 07:28 The two big differing views on the property market. 08:15 John's stand on negative gearing. 14:59 John's thoughts on the property market rates. 20:10 Tips for someone getting started renovating for profit. 27:22 Does John provide suburb reports and state reports? Resources Lindeman Reports https://lindemanreports.com.au/ John Lindeman Book's https://www.kobo.com/us/en/ebook/mastering-the-australian-housing-market Connect with The School of Renovating ASK BERNADETTE https://www.theschoolofrenovating.com/podcasts-page Subscribe to She Renovates Apple Podcast https://apple.co/3faoWlT Subscribe to Youtube: https://www.youtube.com/c/TheSchoolOfRenovating Follow on Twitter https://twitter.com/renovatingsc Follow on Instagram https://www.instagram.com/the_school_of_renovating Follow on LinkedIn https://www.linkedin.com/in/bernadette-janson-3411652b She Renovates LIVE 2022 is Coming! Grab your seat here! https://bit.ly/3MoOZnR

All hell has broken loose. Many traders haven't experienced this kind of inflation before and aren't sure how to handle it. The economy has caused a lot of us to revamp our past strategies to cope. So, do you just kiss your dreams good-bye? Or do you develop strategies so that you can come out on top?In this episode of Talking Trading, Louise Bedford has an insightful chat with Michael Yardney about the current economic climate and how you need to pivot your trading decisions. He gave some sound advice – and it all starts with looking at the long game and educating yourself. This is a not-to-be-missed interview so that you can flourish in today's market.

Smooth your income, keep your cool and flourish in the stock market, (as well as the property market) - in this special interview with Louise Bedford and Michael Yardney.

In this weeks Friday wrap we do a deep dive of Michael Yardney's article on "10 reasons why our property market won't crash" & lot more! DISCLAIMER:  Host/Guest are not Financial Adviser/Investment Consultant. All opinions expressed by host or his guests are for informational purposes only and should not be treated as investment/financial advice of any kind.  "Spark your FIRE" and its team are not liable to the listeners or any other party, for the listeners use of, or reliance on, any information received, directly or indirectly, from the content in any circumstances. Please conduct your own research and obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this audio. Contact -  sparkyourfirepodcast@gmail.com #ASX#StockMarket#BankStocks#CommercialRealEstate #FiatCurrency#Bitcoin#Blockchain#Dectralization #HardMoney#Worldreserve#Mining#POW#EnergyStorage #QEforever#CDBC#InvestorsPodcast#Libra#SDR#MMT #facebook#Snapchat#TechStocks#IndustrialWarehouse #Litecoin#Ethereum#Gold#Property#Artificial intelligence  #Gold #Silver #Monetary policy

Are New Year's resolutions powerful? Or are they pointless? Every year more than 50% of people make New Year's resolutions. They plan to lose weight, quit smoking, work out, save money, get a promotion, get a raise, move their business to the next level, buy that investment property, and more. And yet, virtually every study tells us that around 80% of New Year's resolutions will get abandoned by this time of the year. So maybe you didn't keep up that resolution to exercise more or go to the gym, but today in my chat with Mark Creedon, founder and CEO of Business Accelerator Mastermind, we're going to talk about how to make 2022 a great year for you. Have you lapsed on your New Year's Resolutions? Whether it's a small, (seemingly) easily achievable goal or a huge, life-changing goal, people tend to fail at the same rate: Approximately 80 percent of people who make New Year's resolutions have dropped them by the second week of February.  Some reasons why your resolutions may have failed. You're treating a marathon like a sprint Small changes stick better because they aren't intimidating. You're in too much of a hurry If it was quick and easy, everybody would do it, so it's in your best interest to exercise your patience muscles. 3. You don't believe in yourself The only way to defeat doubt is to believe in yourself. Who cares if you've failed a time or two? This year, you can try again (but better this time). You don't track your progress Keeping a written record of your progress will help you sustain an “I CAN do this” attitude. You have no social support It can be hard to stay motivated when you feel alone. The good news? You're not alone. You know your what but not your why The biggest reason why most New Year's resolutions fail: you know what you want but not why you want it. So, here are 9 strategies to rescue those resolutions: You can't achieve new goals or make desired changes without allocating time to do so. To make this a better year you will have to do things differently from last year. There are obviously some things you are going to need to keep doing, some new things you will need to do, and a bunch of things you'll have to stop doing to make room for the new, more productive activities. Priorities should govern schedule; schedule shouldn't govern priorities. To have a better year this year you'll have to wrest control away from others' priorities and be governed by your own priorities. Resolutions aren't resolutions without resolve. So, don't bother making resolutions to appease or satisfy others. Be honest with yourself – that's a prerequisite for success. Resolutions require resources. You aren't really serious about a resolution unless you invest in and gather the required resources. Sometimes investment motivates follow-through since you've spent time, effort, and money on it. But don't be held back by limited resource thinking. If you are truly committed, you'll find the resources. Daily Progress Refuse to end any day without doing something that moves you toward the goal, no matter how small! Who motivates the motivator? Any professional sports coach will tell you: measurement automatically improves performance, and measurement monitored by someone else, further improves performance. Build up to change So, say you resolve to get up an hour earlier every morning to work on some projects. You could start with 15 minutes for two weeks, then 20 minutes for two weeks, then 30 minutes for a month, then 45 minutes for two weeks, and then you will find reaching the hour mark a lot more achievable. It's not too late to regroup! You may already have let your resolutions slip away. Doesn't matter. Review the resolution and pick one or two that mean the most and apply the 7 ideas I've just shared with you. Don't try and do it all on your own It's really hard to be successful on your own. You need to find an accountability partner, a group of like-minded people, a coach, or talk to me about Business Accelerator Mastermind and I'll show you how we provide all 3! Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs  Get a copy of Mark's new book here – Have a business not a job Get your free bundle of reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Where did my new year's resolution go? 9 Strategies to rescue them, with Mark Creedon Some of our favorite quotes from the show: “Just because 98% didn't get past their first or second or third property (well actually 92% don't get past their second property) that doesn't mean that you can't.” – Michael Yardney  “One of the comments I often make is: you haven't come this far to come this far. So, keep going.” –Michael Yardney “Nothing changes until you change, and part of changing is changing who you hang around with, who you get advice from, how you do things.” –   Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Michael Yardney is the founder and CEO of Metropole Property Strategists, and has been voted Australia's leading property investment advisor four times in the last six years. He is also one of Australia's 50 most influential Thought Leaders and a five-time bestselling author. He bought his first property as a joint venture with his parents when he was just 21 years old and didn't know what he was doing— but he soon learnt, and now that $18,000 property is worth $2 million! Join us on this episode of Property Investory where you'll hear Yardney talk about his experience of growing up in a low-income migrant family amongst his wealthy peers, and how this motivated him to get involved in real estate. You'll hear his tried and tested ‘what not to do' stories, including making sure you do your due diligence when investing in a goldmine, and always ventilating the space you're painting in! See acast.com/privacy for privacy and opt-out information.

How do you change your mindset and habits around money to create wealth and get out of the rat race? In this episode, I've invited Michael Yardney - mentor, thought leader, property expert, and Australia's leading expert in the psychology of success and wealth creation. He is also a #1 best selling author of 9 books and host of his own podcast called Michael Yardney. We talk about habits and mindsets of the wealthy, the difference between the rich and the poor, the importance of investing in yourself, common mistakes that make people trip, risk mitigation and so much more.          In this episode we discuss: [01:06] Michael shares his backstory.  [04:14] Why people are not able to get out of the rat race.  [06:33] The difference between rich and poor.  [10:14] Working on practicing good habits that compound over time.  [12:07] The importance of Investing in yourself to learn about money.  [15:30] What is true wealth?  [16:30] The habits tied in with the rich and poor.  [17:52] Common mistakes that trip people up.  [22:54] Risk mitigation in purchasing properties.  [26:45] Mindset around mistakes and recovering from it.  [32:40] Discussing the changing dynamics on perspectives and the things you value over time. 

The coronavirus has clearly infected Australia.  And it doesn't discriminate rich or poor, young or old.  I heard it said that we are all in the same boat.  But it's not like that.  We are in the same storm, but not in the same boat.   Your ship could be shipwrecked and mine might not be or vice versa.  For some, quarantine is optimal. A moment of reflection, of re-connection, taking life easy, or having a cocktail or coffee.   For others, this is a desperate financial & family crisis.  For some that live alone, they're facing endless loneliness. While for others it is peace, rest, and time with their mother, father, sons, and daughters.  Some are getting money from the government through JobKeeper and JobSeeker while others are working more hours for less money due to pay cuts or loss in sales.  Some want to go back to work because they don't qualify for unemployment and are running out of money. Others want to kill those who break the quarantine.  Some are home spending 2-3 hours a day helping their child with online schooling while others are spending 2-3 hours a day to educate their children on top of a 10 to 12-hour workday.  So, we are not in the same boat. We are going through a time when our perceptions and needs are completely different.  Each of us will emerge, in our own way, from this storm. It is very important to see beyond what is seen at first glance. Not just looking, actually seeing.  We are all on different ships during this storm experiencing a very different journey. And in today's podcast, I want to chat about how the coronavirus crisis is going to affect different demographics and generations with leading demographer Simon Kustenmacher. As always you'll find my chat with him educational, informative, and lots of fun, so welcome to today's episode of the Michael Yardney podcast. Topics We Discuss in This Episode: We will see a slowdown of migration intake for at least two or three years Australia will have 0 net migration or negative net migration for 2020 Migration was the main driver for the housing market, so this will have a major impact on property The small towns will be hit first – bad news for regional Australia Temporary visitors like students or short-term workers will be affected as well. This, in turn, affects the short-term rental markets, like student accommodations and Airbnbs.  Regional Australia is somewhat reliant on temporary workers, so this is more bad news for them Different generations will be affected differently Baby boomers who are now about to retire will see their super balance shrink by 20% or more Some may have to put off retirement Holidays overseas are also probably canceled for some time to come Local tourism may be on the rise, which may be beneficial for Australia Baby boomers may find themselves supporting adult children who have lost jobs Gen Xers will probably suffer a lot from the coronavirus Xers are at a time in their life when they're most likely to be overextended and spending every penny they earn Millennials are in a better position to ride out the next few years They're reaching family formation stage of the life cycle More likely to have jobs where they can work from home and will want homes that allow for that. Millennials will need larger homes They may look for homes in the suburbs or in satellite cities Gen Z is concerned with global issues They're in a position to ride out the pandemic and recession before kickstarting their career The pandemic may be the kickstart needed for working from home to happen on a large scale Links and Resources:  Michael Yardney In these challenging time why not get the team at Metropole to build you a personalised   Strategic Property Plan – this will help both beginning and experienced investors. Simon Kuestenmacher - Director of Research at The Demographics Group Follow Simon on YouTube Shownotes plus more here: We're all in the same Coronavirus storm, but not in the same boat. Who will be hit the hardest? With Simon Kuestenmacher Some of our favourite quotes from the show: “Economic growth comes, I guess, from certain efficiencies and producing things more.” – Michael Yardney “Even though we all think we're unique and different and special, we're really all much the same as others.” – Michael Yardney “Humans aren't logical. We believe we're rational, but we're not, and at the moment emotion is driving a lot of what we're doing.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Would you like Lifetime Wealth? Well…today we'll explain what that means and how you could achieve it as I replay a chat I had with my good friends Louise Bedford and Chris Tate from The Trading Game as we discuss the concept of true wealth. How to Obtain Lifetime Wealth Michael shares how he bought his first investment property over 40 years ago. He's made plenty of mistakes, but has still built a substantial property portfolio. He also gives back. To be truly wealthy you need much more than just money. You need money plus family, friends, health, spirituality, growth, and contribution. Chris shares his background. It is similar to Michael's but replace the word property with shares. How children absorb things without being taught directly. Legacy and leaving a ripple or something outside of you that carries on when you are gone. We learned about money, wealth, and riches from our parents and culture. What is your financial thermostat set for? You'll be surprised – it's set for what you have already got. Your thermostat won't change until you change and throw away the blame. The imposter syndrome or undeserved success. Not feeling worthy and self-sabotaging. Self-awareness deserving your success. How people believe the tool has something to do with their success, when it is actually the software that makes a success. How people who's views are mismatched may not be a match as a couple. The disconnect can produce tension and tear relationships apart. Couple's need to talk about their views about money. Partners need to be compatible on a whole host of issues. In the old day's people passed their trades on. Now property or shares can be passed to your kids, but it is not what you leave your kids it is what you leave in your kids. How we learn about money from our parents whether it is spoken or unspoken. Replacing non-productive beliefs with empowering beliefs. Teaching kids about training by loaning them money to trade and letting them keep half of the profits. How IQ and socioeconomic status can be linked. The importance of mentorship and getting together with other entrepreneurs. Find like minded people and the isolation disappears. How attending Wealth Retreat can help change your mindset and money habits. Links and resources: Michael Yardney Metropole Wealth Retreat Chris Tate Louise Bedford Our favourite show quotes: “Wealth isn't about how much money you have, but what you're left with if you lost everything and had to rebuild it.” Michael Yardney “You either have to pay the world, the market, or your mentors when learning about investing.” Michael Yardney “If you took all of the money in the world and divided it equally it would all end up in the same pockets again.” Michael Yardney

Should you worry about the upcoming recession? If you believe the media, then, of course, you should.  But it's important to get both sides of the story.  Today, in my discussion with Pete Wargent, you'll hear about some of the negatives affecting our economy as well as the many positives that the media tends to forget.  We'll give you a balanced assessment of what's likely to be ahead.  This show is going to be valuable for property investors, future homeowners, and businesspeople as well.  Then, in my mindset moment, I'll explain to you that you've won the lottery. Listen in to find out what I mean.  Some of the topics I discuss with Pete Wargent: Reported GDP is really historical information – it tells us what's gone on before Credit is the lifeblood of the economy, so if you limit people's ability to borrow, you slow the economy, as happened in the recent credit squeeze Nobody knows for sure if we'll get a recession, but if you look at the probabilities and what markets are saying, it's pretty unlikely Australia's currency and low debt tends to help rebalance the economy quickly Construction is a big hole in the economy that needs to be filled International uncertainties may constrain growth, but there are always uncertainties to consider Interest rates have been cut and tax rates have also been cut. So far these incentives have not had a big effect on the economy, but they may with time Population growth fuels new construction and adds to demand in the economy.  Immigration also helps as it slows the aging of the population and reduces the dependency ratio Business investment is improving Recession can often be a confidence issue, enhanced by scaremongering in the media Why not allow Metropole to help you secure your financial future – here's 3 ways we can help Strategic property advice. - Allow us to build a Strategic Property Plan for you and your family.  Planning is bringing the future into the present so you can do something about it now! Click here to learn more Buyer's agency - We'll help you find your next home or an investment-grade property.  Click here to learn how we can help you. Wealth Advisory - We can provide you with strategic tailored financial planning and wealth advice. Click here to learn more about we can help you. Links and Resources: Michael Yardney Why not speak with the team at Metropole Property Strategists and get their independent property advice -click here Get more details about Michael Yardney's Property Renovations and Development workshop Pete Wargent -  Next Level Wealth Read the full show notes plus more at this episodes page: Should you be worried about the upcoming recession? With Pete Wargent Some of our favourite quotes from the show: “Economists have actually got a pretty poor track record of predicting recessions” – Michael Yardney “Large parts of the retail sector are suffering from the trend of online purchasing and… the lack of consumer spending.” – Michael Yardney “I've read that the probability of even existing comes out to one in something followed by 2 million zeroes.” – Michael Yardney  PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

The content of today's show has been designed by you, because we're going to answer your finance questions.  Today's conversation with Dan Gold will be helpful for both beginning and experienced property investors.  I've also thrown in my own question, and I think you'll enjoy hearing the answer: - Is it really true that you can get a finance approval in as little as two days?  You'll find out today. Some of the questions we discuss today: Will buying higher-yielding properties in regional Australia increase borrowing capacity? And will that allow the buyer to purchase more properties? In the current lending environment, high-yielding residential properties do not have a material impact on borrowing capacity. What factors are important to look at other than interest rates when looking for a loan for an investment property? Focus on finding a lender that can actually meet your requirements and objectives and be selective with the person or bank that's going to be taking you through the process. Are interest-only loans back? For the right borrower, interest-only loans never really went away.  How do you release the equity from your property portfolio? Do a review of your property portfolio to get a sense of how much equity you have. The banks will allow you to borrow up to 80% against any one asset, so if you're only leveraged up to 50%, you may be able to release that remaining 30% to fund deposit and purchase costs on your next property.  Can you get a loan approved in a couple of days? There are lenders in the current marketplace that can turn loan applications around quickly. To get a loan approved quickly, you need to: Deal with a bank that's capable of doing fast loans Make sure that you have 100% of your required documentation upfront Discuss any areas of complexity up front before starting your application Links and Resources: Michael Yardney Why not speak with the team at Metropole Property Strategists and get their independent property advice -click here Get more details about Michael Yardney's Property Renovations and Development workshop Dan Gold – Long Property Read the full show notes at our web page: All your finance questions answered Podcast Some of our favourite quotes from the show: “In my mind, residential real estate's a high growth, relatively lower-yield investment.” – Michael Yardney “While interest rates are interesting, they're probably not the most important factor at all.” – Michael Yardney “People sort of forget that that's their asset that they can borrow against, so yes, see what your loan-to-value ratios are, also see are your current loans appropriate for today's marketplace and can you maybe save a little bit in interest by just asking.”— Michael Yardney  PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Over the years, I've worked with thousands of investors and I've found that most fall into one of three categories.  I'm going to explain what those categories are and let you work out which one you fall into. I'll also explain why one of those categories tends to be more successful than the other two. I'm also going to have a chat with Leanne Jopson, the national director of Metropole Property Management, about what you can do when a tenant doesn't pay rent. Then, in my mindset moment, I'm going to share an uncomfortable truth. What type of investor are you?  There are three main types of property investor. Which category do you fall into? Passive Investor:   Tend to spend little time looking for a property.  Not really interested in understanding all of the ins and outs that go along with creating a property portfolio such as finance, tax laws, compounding and so forth. Rather than conducting any due diligence or consulting industry professionals for advice, they're more likely to buy one of the first properties they come across  Active Investor: Puts in some degree of work in order to find a good investment prospect. Gains a basic understanding of the principles involved in property, finance, and taxation. Tend to seek professional advice with regards to the structuring of their portfolio and conduct some due diligence in the hope that they can increase the likelihood of making a viable investment purchase. Analytical Investor:  Tends to run around for months, sometimes even years, examining every nook and cranny of our property markets, endlessly comparing values and sales, reading reams of material regarding real estate do's and don'ts and seeking advice from as many experts as possible before committing to anything. They like to conduct as much due diligence as possible and look for the ‘ultimate' investment property. So which is better? If property investment was like many other things in life, then the more effort and energy you sink into property investing, the greater your rewards are likely to be. In other words, the passive investor would enjoy smaller gains than the active investor, while the analytical investor would come out on top as they were willing to do the hard yards. Yet, in relation to property investing this is only partially true!  Many passive investors purchase their investment properties the way they would buy their home – emotionally. They tend to buy their investments near where they live, or near to where they work or close to where they want to retire or holiday – all emotional reasons. Some live to regret their investment decisions and have difficulty holding on to their investments. The active investor usually does well if he seeks advice from a team of consultants. What about the analytical investor? Let me share a story with you… I remember years ago when I was still presenting at Property Expos (they seem to be a thing of the past now) and I ran into Leonard – a successful IT Engineer. He has subscribed to my newsletter for over 5 years and when I first met him about 3 years earlier he said he was going to invest in property. When I asked him how his investments were going, he explained that he had still not made a move. Instead, he continued to research the market. Leonard was very intelligent and has a tendency to over-analyze things, hence he is still waiting for the perfect property, the perfect time or the perfect set of circumstances in which to buy. What he doesn't realize is that this will never happen. On the other hand, let's look at an example of a passive investor… Let's call him Mark – who was so naïve that he bought the first property that he could get his hands on twenty years ago for $200,000. At the time, his friends and family told Mark he was “crazy.” He paid way too much for the house, it was a bad time to buy and it was a foolish thing to do. Although he may not have done all of his homework, Mark still bought in a popular inner Melbourne suburb and guess what? The value of that home is now in the order of $800,000, and if he was half as smart, Mark would have borrowed against its increasing equity to allow him to buy more properties. The lesson from all this is...It really doesn't matter too much if you're a passive, active or analytical investor. As long as you are taking action and are in the market. It doesn't really matter if you're not into running around examining every aspect of the property market. Or maybe you are and that's not such a bad thing – as long as you don't get so absorbed by the process of learning about property that you forget to actually use that knowledge and buy something! In other words, if you have been thinking about investing in property, now may be the right time for you to act! It's the best counter-cyclical opportunity in a decade. You may not have another opportunity like this for another decade or two. But you can't just buy any property as Mark did. To ensure I buy a property that will outperform the market averages I use a 6 Stranded Strategic Approach.   I would buy a property that would appeal to owner-occupiers. Not that I plan to sell my property, but because owner-occupiers will buy similar properties pushing up local real estate values. This will be particularly important in the years ahead when the percentage of investors in the market is likely to diminish I would buy a property below its intrinsic value – that's why I avoid new and off the plan properties which come at a premium price. In an area that has a long history of strong capital growth and that will continue to outperform the averages because of the demographics in the area. This will be an area where more owner-occupiers will want to live because of lifestyle choices and one where the locals will be prepared to, and can afford to, pay a premium price to live because they have higher disposable incomes. In general, these are the more affluent inner and middle-ring suburbs of our big capital cities I buy properties with a high Land to Asset ratio – this doesn't necessarily mean a lot of land – just that the land is valuable I would look for a property with a twist  – something unique, or special, different or scarce about the property, and finally I would buy a property where I can manufacture capital growth through refurbishment, renovations or redevelopment rather than waiting for the market to deliver me capital growth.  By following my 6 Stranded Strategic Approach, I minimise my risks and maximise my upside. Each strand represents a way of making money from property and combining all four is a powerful way of putting the odds in my favour. If one strand lets me down, I have two or three others supporting my property's performance. And I definitely do not look for the next speculative “hot spot” – I'm an investor not a speculator. But I do look for suburbs going through gentrification (improving in value as young people and developers move in and replace the old houses with refurbished homes or new developments.) So…what type of investor are you? What if my tenant doesn't pay their rent?  When a tenant doesn't pay their rent on time, having a management process in place that starts before you reach the point of evicting them for not paying rent is very important. Within 3 days of late missed rent payment, a property manager should be following up. Within 5 days, it's important to be on the phone advising your landlords. 10 days past the due date is indicative of a serious problem, but you still can't take formal action yet. You can't file a notice giving the tenant 14 days to pay or leave until they are 14 days behind in the rent. However, staying on top of the dates and filing the appropriate paperwork on time is important, because your landlord's insurance may not pay for losses for days when you could have filed but didn't. If a good tenant is experiencing an unusual or one-time dilemma, you may be able to work with them to get the problem resolved without going to eviction. But it's still key to find out what's going on early and have a process in place for communicating with that tenant. Having a property manager who has a relationship with the tenants can help. Links and Resources: Michael Yardney Why not speak with the team at Metropole Property Strategists and get their independent property advice -click here Get more details about Michael Yardney's Property Renovations and Development workshop Our Guest : Leanne Jopson – national director Metropole Property Management  Read the shownotes at the episode website: What type of Property Investor are you? Some of our favourite quotes from the show: “In my mind, it's the best countercyclical opportunity in at least a decade.” – Michael Yardney “You can either buy right, or you can buy well.” – Michael Yardney “I never buy new, I wouldn't buy off-the-plan because they come at a premium price.” – Michael Yardney  PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how