Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

If you're a property investor, I've got a warning for you.  Some high-rise buildings are going to become the slums of the future.  As a property investor, it's important to recognize that you've got to own the sort of property that's going to outperform the averages, and many properties in the future are going to underperform because they have a shadow hanging over them.  That's the one million ap...

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...

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 tod...

Australia's housing markets have clearly turned the corner.  The housing market recovery in our two biggest cities, Melbourne and Sydney, gained pace with property prices increasing over the last month. Buyers are back making plans, looking at properties and approaching their lenders for finance. They are buoyed by falling interest rates and the prospect of another rate cut early next year and a g...

On any given day, if you ask someone if they are happy, their response will be dictated by their current state of happiness. If they are nearing, or in the midst of a happiness event, they will say they are happy. If they are recovering from, or in the midst of an unhappiness event, they will say they are unhappy. Happiness is event-driven The quantity of happiness events you have during your life...

Are you enjoying the low-interest rates at the moment?  They're likely to get lower over the next year or so, and remain lower for a decade or longer. But what does this mean for property investors?  What are the implications for property and other asset classes? What does it mean for your returns?  How should you invest differently over the coming years?  These are all important questions for peo...

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 Ma...

This podcast is about more success in your life, whether it's success in property investment, money, or any other area of your life.  We can learn from other people's success, but we can also learn from their failures, and today we're going to learn about some famous last words. Ahmad Imam and I are going to chat about what people were thinking about when they made those blunders, and you'll learn...

One of the most helpful things you can do to help build your business or professional practice is to have a business coach.   Today I'm speaking with the founder of Business Accelerator Mastermind, Mark Creedon. We talk about the things that the entrepreneurs he has coached have done, which have made him cringe, in order to help you avoid these pitfalls when you work with a business coach:   Pitfa...

I've noticed a trend recently that more and more investors are looking to get involved in property development.  They want to "manufacture" some capital growth because the market has been a little flat.  So that's what we're going to talk about in today's episode – how to get started in property development But today's show is going to focus on some real-world advice.  There are too many enthusias...

You're probably  listening to this podcast because you're interested in property investment. And I bet you want to become a better investor. So, today, I'm going to teach you how to become a successful property investor. And it's probably not what you think. In fact, it's not what most people do, or more people would be successful. And then, with Ken Raiss, we're going to have a chat about estate...

Well it's Spring– traditionally a time when there are more home buyers and sellers in the market. But what's going to happen to our property markets this year? Are sellers going to return? Are the low interest rates going to bring more buyers back? Are banks going to become more friendly? If you're a home owner or property investor you'll also want to know what's likely to happen to the value of y...

Each day a tree will grow a little more.   It's impossible to see the changes caused by the growth on a day to day basis.   But, if you were to fast forward ten years and compare pictures of the old tree to the new tree, the change would be obvious and significant. Self-made millionaires are really no different than trees.   Each day, they do small things that inch them closer and closer to succes...

Today's show's going to be a little different. I've asked Ahmad Imam , Director of Metropole in Sydney , to share with us his top ten videos, some of which have gone viral on LinkedIn.  Ahmad is prolific on social media and has tens of thousands of followers. His short videos contain some great tips on properties and finance.  I'm also going to read you a poem - something a little different in my...

Property investment is risky. But the risk isn't what you think. It's not what most investors consider when they get involved in property investing.   What most people think about risk is wrong, and what most people are being taught about risk is wrong.   I'm going to share with you some ideas that will make you a better, safer investor when you understand where the risk really lies.   Then I'm go...

It seems that it's to make predictions for the property market over the next couple of years. The predictions have grown more positive over the past few months, and I agree with that. But I don't agree with some that are suggesting that we're going to get a property boom. In particular, one prediction is that the Brisbane property market is going to increase by 20% over the next few years. Is this...

Are you an entrepreneur? A business owner? Planning to get into business? And if you're a property investor, you really should treat it as a business.  Today we're going to discuss what Mark Creedon has learned as a business coach about what separates very successful entrepreneurs from people who call themselves entrepreneurs, but really aren't. The 6 Entrepreneurial Personality Traits Self-Motiva...

Have you ever thought of getting involved in property development?   More and more investors want to become property developers.  We're experiencing a period of lower capital growth at the moment, so investors want to "manufacture" some capital growth, want to get better rental returns, and want to get their properties at wholesale.   This is the first of a series of podcasts over the next couple...

Today's episode is unashamedly about becoming rich and getting more money.  I've often said that money's important in those areas where it's important and not important at all in other areas. But any problem that can be solved by money isn't really a problem, is it?  So please let me show you how you can obtain more money.   First of all, we're going to explain why property investors develop finan...

You are where you are in life because of all of the things you've chosen to do and all of the things you've chosen not to do.   So, in today's show, I'm going to share with you 11 things that successful investors don't do, so you can move ahead in your investment journey.   In my mindset moment, I'm going to explain the vast difference between being wealthy and being rich.   And in my chat with Ah...

Do you have children or are you planning to have children? How about grandchildren? If so, this episode is for you.   Even if you haven't got children, you'll get some great money lessons from this episode.   Today we'll share seven tips to make sure your children grow up rich.   And it's not just about money. We're talking about tips that will help children find success in all areas of life.   So...

Our property markets are changing in front of our eyes, but a couple of things are changing that you may not be aware of.   One of those things is the ghost towers in Sydney. What's a ghost tower? You'll find out in this episode. It may not be what you expect.   I'm also going to have a chat with Andrew Mirams about the changing finance markets and bust some myths about finance.   In my mindset mo...

Are you looking for more success in life?   If so, then today's show is for you.   I'll be sharing with you tips from high achievers to help you get further in your property investments, career, and other parts of life.   I'll also have a chat with a successful person, Ahmad Imam, who's going to share some property tips as well as some general life tips that he would have liked at the beginning of...

Imagine you woke up one morning and found out your investment property was on Airbnb.  Your tenant, who you thought was looking after your property is now letting anyone and everyone in.    What are your rights? What would you do? Today we're going to have a chat with Leanne Jopson about what your rights are and how you can prevent this.   I'm also going to share in my mindset moment, six things s...

The Reserve Bank's board meeting minutes for July paint a much more gloomy picture of the economy than the one governor Philip Lowe paints in public. The RBA has left the door open to even more interest rate cuts due to their ongoing concern about the state of the jobs market and the lack of wages growth. So what does this mean for our economy, for our property markets and for your pay packet? The...