In today's episode, I'm going to share two lessons with you. The first is five ways I'm going to ensure that my property investments outperform this cycle. Hopefully, I’ll be able to give you some ideas for your investments as well. Next, I'm going to share one thing you need to change to become a more successful property investor. Regular listeners know I usually have guests on the show, but sometimes I just want to have a chat between you and me. That's what this show is about. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan ..read more

If you're interested in property, you'll know that our rental markets are in crisis. Vacancy rates have dropped to all-time lows, rental stock remains extremely slim, and rental prices continue to skyrocket. So how did we get into this rental crisis? How long will it last, what does it mean for you and me as a property investor, and are there some ways the government or regulators can alleviate this crisis? In today's episode, I discussed this with Dr. Andrew Wilson, the Chief Economist of my Housing Market. Andrew is a bit controversial, but I think together we've come up with some ideas of h ..read more

Sometimes good news is bad news. The good news about our unemployment figures and the number of new jobs created is, in some ways, bad news for those hoping for interest rates to drop. So what does the latest data mean for interest rates? How does the Reserve Bank even decide what to do with rates? What are the factors involved in their decision-making process? That's what Dr. Andrew Wilson, Chief Economist of My Housing Market, and I discussed today. We chat about what's ahead for interest rates and why he's concerned that the Reserve Bank may not drop interest rates anytime soon. Links and R ..read more

In today’s episode, I’m not holding back. I’m going to tell you some brutal truths about property investing. That includes some of the things that can go wrong. Some of the frustrations of being a property investor, and some of how slick marketing can lead you astray. Stick with me, though, because It's not all negative. Brett Warren, National Director of Metropole, joins me to help you understand what could go wrong to ensure you know what to avoid so things don’t go wrong. That way, you can enjoy the success a small group of successful property investors enjoy. Links and Resources: Michael Y ..read more

Why do some people seem to effortlessly grow their wealth while others work hard but continue to struggle? I've got something a bit different an for you in today's episode. Together with Brett Warren, national director at Metropole and financial whiz Pete Wargent, we give you a sneak peek behind the curtain and help you understand the lessons we learned from Wealth Retreat last year. While we're talking about wealth, it'll be interesting at the end of it when you work out what our emphasis was. It wasn't investment and, it wasn't property. Listen in as we share with you the biggest lessons we ..read more

Is Australia growing too fast? That’s the question we’re going to ask today. Joining me today is Ross Elliott, a seasoned urban development commentator whose recent article has stirred the pot by highlighting the consequences of Australia's population surge, especially in hotspots like Southeast Queensland. His insights shed light on the pressing issues that come with the significant growth Australia is experiencing. Our conversation uncovers the historical layers of urban density policies and how these affect the development of sufficient infrastructure, such as schools and utilities. We also ..read more

I feel sorry for property investors trying to make headway in real estate. They face the hurdle of significant media misinformation, which is underwhelmingly and unnecessarily discouraging, and social media which is full of “pretend gurus” who are prepared to sell you their secrets to instant riches in property. In my mind, they’re selling you tickets to see unicorns. Despite the information available in the media and on the Internet, the number of investors who succeed in developing financial freedom through property has not increased over the years, so my recommendation is to tune out the wh ..read more

In an age where financial transactions have largely moved online, the prevalence of financial scams has surged, catching many Australians off guard. The Australian Competition and Consumer Commission reports that Australians lost a record $3.1 billion to scams in 2022. This is an 80 per cent increase in total losses recorded in 2021. This staggering loss highlights not just the cunning of scammers but also their ability to adapt to changing technologies and exploit new vulnerabilities. So, in today’s podcast with independent financial advisor Stuart Wemyss, I want to ask him how to spot the si ..read more

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 Yar ..read more

Knowing what you know now, what would you have done differently in 2023? In this episode, we reflect on the pivotal lessons of the past year, providing 23 key insights that have reshaped our real estate investment strategies. From the intricate analysis of diverse Australian property cycles to the crafting of tailored strategic plans, we dissect the forces influencing market dynamics and how to leverage them for wealth accumulation. Emphasizing the significance of risk management, asset diversity, and long-term planning, we delve into the marathon journey to financial independence through prop ..read more