Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

You're smart. You've made a few dollars. You've done what the financial books have told you. You've listened to the podcasts; you've gone to the websites. So why isn't it working? Maybe your emotions and expectations are getting in the way of good sense. Maybe you're paying attention to the wrong people. We've all made mistakes with money, sometimes unknowingly, sometimes recklessly. We all have p...

Renovating a property can be a great way to create value and drive capital growth, but it's not as simple as many people think. In today's market, where property values are not expected to grow strongly for some time, many investors are turning to renovations as a way to manufacture capital growth. However, there are a lot of potential pitfalls that investors need to be aware of before jumping in....

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...

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...

Predicting the future of the property markets is a challenging task, especially when there are so many mixed messages and conflicting information available. So welcome to this month's Big Picture podcast where Pete Wargent and I explore the macroeconomic factors that are currently impacting the Australian property markets. As usual, we'll cover everything from interest rates, inflation, consumer s...

There are so many property "advisors" and buyers' agents out there, how do I know which ones to trust? We'll cover this question in today's Q&A podcast with Brett Warren, national director at Metropole. Whether you are just starting out and looking for guidance, or you have been investing for a while and want to take your skills to the next level, this week's podcast is for you. Links and Resource...

We all want a stronger and more competitive economy in Australia, don't we? The current state of globalization, digital disruption, and population aging is causing significant economic pressure on countries around the world. And as a property investor or business owner, this could hurt your bottom line. However, Australia has an ace up its sleeve - migrants! Immigration is one of the key drivers o...

Are you experiencing some challenges in your life at the moment? Who isn't? It may be with your finances, your property investment, your business, your relationships, or your health. Well, my guest today, Dr. Arun Dhār, wants you to know that Your Mess has a Message. Now you probably subscribe to this podcast to learn about property, finance, success or wealth, but true wealth is more than how man...

Today I'd like to share how I'll be investing in 2023 and how our team at Metropole will be helping our clients invest in property in 2023. Whether you're new to the game or you've already built a property portfolio you're likely to benefit from what I'm about to share. That's because initially, I'm going to share some of the frameworks that will be relevant no matter where you are in your investm...

Are you thinking of getting involved in commercial property investment? It seems with rising interest rates, investors looking for strong cash flow, and more and more investors are thinking about commercial real estate. While it might look like the exclusive preserve of the rich and famous from afar, as you edge a little bit closer, you'll see that commercial property investments are well within t...

It's the beginning of yet another year and a prime time for all of us to take stock of who we are, where we've been, and where we want to go. Many of us start each year with big ideas, plans, and hopes and then end each year with analysis and reflection. At the end of this year, some of us will look back on the year with joy about what we've accomplished. Be it in our investments, their business,...

2022 was an extraordinary year, wasn't it? And for most of us, it's also been a return to our daily lives of family, work, leisure, and vacations. However, looking back to this time last year, who would have thought that we would have 8 interest rate rises in as many months, that inflation would be rampant, or that there would be a war on the other side of the world that would last for almost a ye...

While it's not rocket science, it's not easy to research our property markets given the array of jargon and information and the many mixed messages that are out there. So, in today's podcast, I would like to chat with you about some of the many sources of research data that we look into to ensure we make good investment decisions for ourselves and our clients at Metropole. You'll hear me explain t...

Have their property markets really bottomed? Well, that's a brave call made by my guest today, Stuart Weymss. If you think about it, this time last year, the property market was running full steam ahead, consumer confidence was high, and you could still get a fixed mortgage rate with a 2 in front of it. What a difference a year makes. The Reserve Bank of Australia began lifting the cash rate in Ma...

What would Warren Buffett say about how I approach my property investing? And why do I even care? Well… Buffett who is 90 years old is consistently ranked amongst the world's richest people, is arguably the most successful investor of the 20th century and has an estimated net worth of $107 Billion. This means, he's earned (on average) over $11 million each and every year of his life, which is thou...

When it comes to property investing are you a fox or a hedgehog? Is property investment and art or science? Maybe property investment isn't what you should be spending your time on; maybe you should stick to your day job instead That's what I discuss today with Stuart Wemyss. And then, in my mindset moment, I'm going to share with you why we're not all created equal. You'll get lots of great infor...

Are you wondering what's ahead for our property markets in 2023? In my mind, after a tumultuous 2022, investors must be prepared for even more uncertainty this year. But it will be a year that our property markets reset and a new cycle starts meaning it's a time of opportunity. Just don't expect it to be easy. In today's show, I'm going to share my expectations for the year ahead by discussing the...

There are some must-read books on personal finances that will help you develop good saving and investing habits. One of them is Robert Kiyosaki's Rich Dad, Poor Dad, a must-read if you want to learn about personal finance. Now I've interviewed Robert three times on this podcast and while I don't agree with many of his views on Real Estate, and I definitely don't agree with his views that we're hea...

Today's podcast will be a little different. Today I'm going to be brutal. I'm not holding back and I'm going to tell you some brutal truths about property investing You'll learn some of the things that can go wrong. You'll learn about the frustrations of being a property investor. You will learn some of the ways in which slick marketing can lead you astray. But stick with me. It's not all negative...

I'm going to be bold and start off with my first property prediction for 2023. I believe our property markets are going to reset this year. At some time this year our housing markets with reach a trough, which will herald the beginning of the next property cycle, as buyers and sellers return as they realize that there will be no more interest rate rises and that inflation is under control. Now don...

If you've been listening to my podcasts or reading my blogs, you'll know I have a number of rules and frameworks to help my property investing. By having these it takes the emotion out of investing and makes the results more predictable, but what's the most important golden rule of property investing? That's a question I'm going to ask today of leading financial advisor Stuart Weymss, who's writte...

How do you view life? Some people think that what happens in their lives is out of their control. These are the folks who wait passively for what life dishes out to them. They have few goals, and they are the ones who usually hope for the best — that life will be kind to them and that they will eventually be at the right place and at the right time. Other people realize that life is a great opport...

Have you ever wondered why the rich keep getting richer and how you can join the ranks of the wealthy and successful? There's been a lot of research into this question, including by my good friend and guest today Tom Corley who spent 5 years studying the rich, which he then documented in his first book, Rich Habits Poor Habits . Today we're going to talk about why the 1% comma control over 80% of...

Have you played Monopoly recently? Monopoly has been a classic board game for over a century. It's a real estate trading game played for fun… and for a chance to be a real estate tycoon. I recently played with some of my grandchildren, and while it annoyed me that I wasn't able to borrow to buy a property, I was still hooked on the thrill of accumulating Real Estate and collecting rent. I also rea...

If you're looking for more success in life – be it in your property investing, wealth, or money management, today's episode of my Podcast is for you. I'm going to share 2 sessions with you – in the first one, I will discuss 21 reasons many people are terrible at managing money. And even if you've got your finances under control, I bet you'll learn something from the lessons I want to share. And th...