Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Today, I'm joined by Stuart Wemyss to discuss two fascinating topics. The first one is the life cycle of a typical investor, and you'll find it's a roadmap that provides insight into the ebbs and flows of the financial journey you'll experience as a property investor and the strategic decisions you'll have to make along the way​​. And then we chat about the concept of giving your children and grandchildren an early inheritance rather than waiting till you die. And even if you don't have children or grandchildren yet, you are somebody's child, so this may be very relevant to you. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Navigating the Investor's Life Cycle

Mike Mortlock joins the show today, and he and I will explore the patterns and trends of property investments - how far away from home do people really invest? We'll also look at what the latest data from the Australian Tax Office tell us about the landscape of property ownership. If you've ever wondered about how many Australians actually own an investment property, or how much Australians really earn you'll enjoy my chat with Mike. We'll also be delving into a crucial aspect of property investment that often goes misunderstood - depreciation. Many property investors make common mistakes when it comes to depreciation, and we're here to help you steer clear of these pitfalls. 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 Join us at Metropole Brisbane Charity Ball to support Hummingbird House - click here to reserve your spot Get your bundle of eBooks and reports at www.PodcastBonus.com.au Mike Mortlock – MCG Quantity Surveyors Shownotes plus more here: Investing is getting harder – here's what other investors are doing with Mike Mortlock

Regular listeners know I like to share my thoughts not only about wealth creation but also about success, and I have had the privilege of speaking with extraordinary guests who have achieved amazing things, and today is no exception. Today we'll talk about overcoming adversity, pursuing passion, and achieving personal success, and my guest today, Kevin Rempel embodies all of that and more. He's a man whose story is an embodiment of the phrase 'triumph over adversity'. We dive into his journey, the highs and lows, the victories and setbacks, and the lessons he's learned along the way to become a paralympic champion. Links and Resources: Michael Yardney Kevin Rempel - The Hero Mindset Connect with Kevin Rempel on Linked In 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Turning Setbacks into Comebacks: A Conversation with Para Olympics Medallist Kevin Rempel

While we usually talk about property money and success, the underlying theme is most people want to become richer so today we're going to dig deep into the true essence of wealth building and that is consistency. Now you've probably seen or heard about those online success stories, haven't you? Those narratives that suggest getting rich is a simple matter of having the right idea at the right time or finding the next hot spot. However, the truth is, it's not that easy. So today, I'm joined by Mark Creedon, business coach to some of the most successful businesspeople and entrepreneurs in Australia and CEO of the Metropole Property Group of companies and we'll discuss 21 small actions that will make you rich slowly. 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 Mastermind Business Accelerator 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 Subscribe to Mark's Mastermind for Business Podcast here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Small Actions That Will Make You Richer, With Mark Creedon

Stuart Wemyss believes property prices can continue to rise despite high interest rates and low wage growth, and today, we'll be diving deeper into this topic. In this episode, we'll explore income, borrowing capacity, migration, inheritance, and other factors and how they intersect in shaping the property market. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: What on earth will make property values keep rising if high inflation and lower wages growth persists, with Stuart Wemyss

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

In today's episode, Pete Wargent joins me as we do a deep dive into the big picture of our economy and our property markets. Some of the topics we'll explore include 12 interest rate rises, high inflation, and recent wage decisions, all of which are causing increasing worry about a recession among commentators. Don't despair, however. Take the time to listen to Pete and I parse these topics, offer insights, and discuss what these trends really mean for you and for the future of the economy and our housing markets. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors safely grow, protect and pass on your wealth through property. Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's blog Shownotes plus more here: Will the latest increase in interest rates be the "straw that breaks the camel's back"? Big Picture Podcast with Pete Wargent

We all know that we have a housing supply crisis and that the answer is to build more apartments? But my guest today Ross Elliott, who is a respected voice in urban economics, is going to challenge some of our preconceived notions about the housing market. He doesn't deny there are problems with housing, but he has a different opinion on what's causing the problem, and he will explain his thoughts. Join us for an exploration of housing supply and demand, challenges in building new homes, and the pitfalls of rapid growth in our housing market and communities. Links and Resources: Michael Yardney Ross Elliott – The finger on the pulse blog Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: We don't have a housing supply crisis, with Ross Elliott

The Australian Taxation Office is ramping up its efforts to recoup an estimated $9 billion revenue deficit, and they're pulling out all the stops. ● Innovative strategies? Check. ● New alliances with asset managers and banks? Check. ● Advanced technologies to scrutinize investment loans and asset sales? Double check. If you're an investor in Australian property, this is your call to be vigilant and informed. Today, I'm joined by Ken Raiss, director of Metropole Wealth Advisory who's here to guide you through the treacherous waters of this new tax landscape. 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 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 a is my gift for subscribing to this podcast www.PodcastBonus.com.au Shownotes plus more here: The ATO's Watchlist: A Guide for Australian Property Investors with Ken Raiss

Welcome to today's show where leading demographer Simon Kuestenmacher and I explore the potential for Olympic-driven growth in the lead-up to the 2032 Brisbane Olympic Games. As history has shown us, the Olympics can serve as a catalyst for urban development and long-lasting change, turning South East Queensland into a highly connected and liveable region. However, with Australia grappling with an approximately 20-year infrastructure backlog, the challenge of balancing this new development with the needs of a growing population is ever-present. In today's show, we'll delve into the importance of timely infrastructure development, learning from the success stories of Olympic host cities like Barcelona and Munich, and exploring the ambitious vision for SEQ as a thriving, interconnected megacity. We will also discuss the challenges that SEQ faces, and the future of this dynamic and evolving region. If you live in Queensland this information will be vital for you, and of course as a property investor it will be important to understand these things if you have any interest in investing in Brisbane, Australia's new world city. 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 Simon Kuestenmacher - Director of The Demographics Group Shownotes plus more here: Olympic Endeavours: Seizing the Once in a Lifetime Opportunity in South East Queensland with Simon Kuestenmacher

Today, I'm chatting with Jackson Millan, also known as 'The Wealth Mentor'. Jackson is an accomplished wealth coach and an industry leader who has realized his own financial goals and created his dream life and helped others to do the same. We'll talk about the mindset of wealth creation, strategies you can adopt, and overcoming obstacles in your path. Hopefully our chat will offer you some practical insights and tools to use on your own wealth-creation journey. Links and Resources: Michael Yardney Jackson Millan - The Wealth Mentor – Aureus Financial Jackson's Scorecard - www.WealthHealthCheck.com.au 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Advice on getting rich from Australia's Wealth Mentor With Jackson Milan

A single investment property won't help you achieve financial freedom. However, the majority of investors don't make it beyond one property, and of the ones who do, only a tiny portion own six or more. Why don't investors own more properties? Brett Warren joins me today to discuss the mistakes investors make that limit their options and their portfolios. Listen to today's podcast to learn how you can avoid these mistakes and instead learn to build a multi-million-dollar property portfolio. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Avoid these 12 common reasons property investors fail to build a Multi-Million Dollar Property Portfolio with Brett Warren

Today I want to discuss a crucial and timely topic. You see, I am worried about the current housing crisis which is impacting both the rental market and houses for sale. As property prices continue to skyrocket and rental rates soar, the wealth gap between property owners and non-owners is widening at an alarming pace. So today I explore the causes of this growing divide and discuss the implications for our society, as well as potential solutions to address this pressing issue. 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 Shownotes plus more here: From Population Boom to Housing Nightmare: Addressing Australia's Housing Shortage

Today I'll be chatting with Mark Creedon, and unpacking a somewhat controversial topic: Why, despite all the challenges and problems we face today, this is truly the best time in history to be alive. I've found that in this fast-paced world filled with uncertainty, it's all too easy to get bogged down by the negative news and lose sight of the incredible advancements and opportunities surrounding us. But today, Mark and I will delve into the many reasons why we believe that the present is a gift, and how it offers unprecedented opportunities for growth, success, and happiness. Together, we'll explore the remarkable progress we've made in technology, medicine, and communication, as well as the increasing global interconnectedness that has fostered collaboration and innovation like never before. We'll also discuss how we can harness these advancements to overcome the challenges we face, both individually and collectively. Now even though the main focus of this podcast is property, really the underlying theme is success and financial freedom so, whether you're feeling weighed down by the world's problems or you're just looking for a fresh perspective on life, I really hope today's show will be both thought-provoking and inspiring. 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 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 Subscribe to Mark's Mastermind for Business Podcast here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Embracing the Present: Why this is the Best Time in History to Be Alive, with Mark Creedon

In today's monthly Big Picture episode Pete Wargent and I will be exploring the nightmare ahead because of our capital city housing shortage, how the Budget will affect our property markets, and how Build to Rent works because as a property investor, you must know about it. We'll also discuss the retreat from the regions plus lots more. Links and Resources: Michael Yardney 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 Shownotes plus more here: In case you missed it, the downturn in our housing market is over – Big Picture Podcast, with Pete Wargent

You heard me say it before - property investment is a game of finance with some houses thrown in the middle. But the rules of the game are changing in front of our eyes, so today I'd like to explain what's going on with lending, so you have a better chance of the banks saying "yes" to you and lending you more money. Today's guest is leading finance specialist Adam Bradley and I ask him a number of the common finance questions we're asked when clients come to see us at Metropole, but I'm also going to ask Adam some of the questions you probably wouldn't even think of asking but are important to know the answers to in today's financial climate, so that at the end of today so you'll have a better understanding of how to approach the game of property finance. Links and Resources Michael Yardney Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Adam Bradley – Emerge Finance Shownotes plus more here: Bricks and Bucks: Your property finance questions answered with Adam Bradley

If you're a tenant in the market for accommodation, good luck finding something to rent. And if you're a home buyer or investor, by now you'd realise the market is on the move again. Today I chat with Dr. Andrew Wilson, Australia's leading housing economist and we discuss his thoughts about the Federal Budget and if it offered any relief for our housing markets, We also discuss the rental markets, building approval numbers as well as the booming auction clearance results. 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: A leading economist's view on the Budget's property initiatives and a housing market update, 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

While we usually spend a lot of time talking about property in the Michael Yardney Podcast, we also talk about success and money because these are all interrelated. Today we're going to explore the habits that drive exceptional individuals forward with Tom Corley, my co-author of our internationally best-selling book Rich Habits Poor Habits. And we'll be taking a closer look at one of Tom's thought-provoking blog posts where he said "Without Luck, Success is Impossible: therefore, the only formula that works is the formula that creates luck. And he goes on to say, "Here is that formula." 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 Shownotes plus more here: Is it really true that without luck success is impossible? With Tom Corley

As an investor, it's crucial to understand the dynamics of property cycles and how they can significantly impact property prices, rental yields, and overall investment returns. Today I'll be chatting with Brett Warren and at the end of the show I hope you'll understand the various factors that drive property cycles so you can identify opportunities. Links and Resources Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: What makes an investment-grade location? With Brett Warren

The future is annoyingly hard to predict, but by combining demographics and other big picture trends our regular guest on this podcast, demographer Simon Kuestenmacher can at least give his predictions a strong, data-driven foundation. In today's show, I chat with Simon about the substantial population growth Australia is going to enjoy and the opportunities and challenges this will present. We will also talk about how innovative Australia might be a decade from now. And I ask him whether millennials can save Australia's future we explore the role of demographics, innovation, and investment in shaping the future of Australia. And since this is not just about Australia's future, but about your future, I really hope you'll get lots out of it. 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 Simon Kuestenmacher - Director of The Demographics Group Shownotes plus more here: Australia's Booming Population Growth: Navigating the Challenges and Opportunities with Simon Kuestenmacher

Whether you've already built substantial wealth or are just starting on your financial journey, it's never too early or too late to start thinking about how you can pass on your wealth to the next generation. Today Ken Raiss will share his insights and expertise on topics such as estate planning, trust structures, and tax implications of inheritance. We'll discuss the pros and cons of different strategies, including gifting, testamentary trusts, and family trusts, and explore how these can be tailored to your specific needs and circumstances. Join us as we dive into the world of wealth creation and inheritance planning with Ken. 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 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 a is my gift for subscribing to this podcast www.PodcastBonus.com.au Shownotes plus more here: Inheritance strategies to make your children richer with Ken Raiss

Homeownership is looking further out of reach for anyone without family wealth, as over the last few years property prices kept growing and wages fail to keep up. Is it really harder to get into the property market today than it was a number of decades ago? That's what I discuss today with independent financial adviser Stuart Wemyss. And even if you already own a home, I'm sure our discussion will be valuable because it will help you understand what we believe is ahead for our housing market. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Is buying property really harder today than it was decades ago? With Stuart Wemyss

Today we'll be discussing whether residential real estate in Australia is a Ponzi scheme or not. For many years, there has been a debate about the sustainability of the Australian property market and whether it is a Ponzi scheme waiting to collapse. Some commentators have argued that rising house prices are being driven by speculation and greed and that it is only a matter of time before the bubble bursts. In my mindset message, I'm also going to share with you what I believe is the most important money lesson to teach your children. Regular listeners would now usually have a guest on the show but every now and then I just have a chat – just you and me – and that's what's going to happen today as we discuss these two important topics. 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: The Real Estate Rip-Off: Is our Housing Market a Ponzi Scheme?

In today's show, we're going to discuss one of the biggest challenges faced by property buyers today: how to choose a good property buyer's agent when there are so many enthusiastic amateurs out there. I'm going to be chatting with Veronica Morgan, an experienced buyer's agent and buyer's agent mentor about why having an experienced and skilled buyer's agent has never been more important. However, with so many self-proclaimed "experts" out there, it can be challenging to identify a qualified professional who can truly represent your best interests. So whether you're a first-time homebuyer or an experienced property investor, join us as we explore the world of buyers agents and help you find the right professional to help you achieve your real estate goals. Links and Resources: Michael Yardney Veronica Morgan - www.VeronicaMorgan.com.au eBook - Pathway to becoming a buyers agent Mini 14-day boot camp for new buyers agents Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Red Flags to Watch Out for When Choosing a Buyer's Agent with Veronica Morgan

Are you wondering what will happen to the Brisbane property market in 2023 and beyond? Well... Brisbane was the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30+% house price growth. And as growth slowed across Australia in 2022, Brisbane's housing markets continued to perform strongly during the first half of the year. But now Brisbane's housing market is in the slump phase of the property cycle. So discuss what's ahead for the Brisbane market and whether you should consider buying, holding, or selling; today I'm joined by Brett Warren, national director of Metropole Property Strategists who is based in Brisbane to discuss the underlying fundamentals of the Sunshine State's capital city. Links and Resources Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Brisbane Property Market Predictions: A Look Ahead with Brett Warren

Welcome to the Michael Yardney Podcast. In today's monthly Big Picture episode with Pete Wargent we'll be exploring a question on many investors' minds: Have the Australian property markets bottomed out and are they now on the verge of turning? Today we'll be diving into the latest data, trends, and economic indicators, while also considering the broader implications for investors, homeowners, and the nation. Whether you're a seasoned investor or just starting your property investment journey, you won't want to miss this episode, so join us for the next half an hour or so as we explore the factors that could potentially influence the future direction of the Australian property markets. Links and Resources Michael Yardney 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 Shownotes plus more here: Have Australian Housing Markets Bottomed? Is It Time for a Turnaround? With Pete Wargent | Big Picture Podcast

In today's podcast, we will be discussing some of the things that I wish I had learned earlier in my life that would have helped me to appreciate my life better. Whether you are just starting out in life or looking for ways to improve your current situation, I hope my discussion with Mark Creedon today will provide you with some valuable insights that you can apply to your own life. 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 Listen to Mark's Podcast on your favourite Podcast App- Mastermind For Business 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 Join us at Wealth Retreat 2023 on the Gold Coast in 2023– express your interest here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: The secrets to a fulfilling life 19 things I wish someone taught me when I was young, with Mark Creedon

Location, Location, Location! In today's podcast, we're going to dive deep into the world of property investment and explore the importance of location in achieving long-term success. And more importantly, what makes an investment-grade location? Joining me today is Brett Warren, National Director of Metropole Property Strategists, to share his expertise and insights into what makes a great location for investment. Whether you're a seasoned property investor or just starting out, today's podcast will provide you with valuable insights and practical tips to help you make informed decisions and achieve your investment goals in our changing property markets which are very fragmented. Links and Resources Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: What makes an investment-grade location? With Brett Warren

In today's show, my guest Ross Elliot and I discus the widening income disparity between Australia's inner and outer suburbs. In recent years, this issue has become more pronounced, with the income gap between the two areas continuing to grow. In this episode, we will explore the causes and consequences of this trend, and discuss potential solutions to address this pressing issue. Links and Resources Michael Yardney Ross Elliott – subscribe to Ross' blog – The Pulse Read Ross Elliott's blogs on Property Update here Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get your bundle of free eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: The Growing Income Divide: Inner and Outer Suburbs in Australia with Ross Elliott

There has been a lot of talk about the "fixed interest rate cliff" being one of the biggest potential risks to housing market values and the overall stability of our property markets in 2023. With my guest today, independent financial advisor Stuart Wemyss I plan to explain what the cliff is, some must-know pieces of information that put the cliff into context, and what you need to do if your fixed rate or interest-only term on your mortgage is about to expire. Links and Resources Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Blog: - What to do if your fixed rate or interest-only term is due to expire Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: What to do if your fixed rate or interest-only term is due to expire with Stuart Wemyss

What's the outlook for the Australian property markets for 2023? There are so many mixed messages in the media, aren't there? If you are like many home buyers or investors you're wondering, should you buy, should you sell, should you hold? If you've been listening to my podcasts you'll know I believe that 2023 will be a year when the property markets reset and a new cycle will begin, but what if I'm wrong? Well, today I'd like to share with you 11 rules for successful property investing that I have seen hold true over the five decades I've been involved in real estate. 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 eBooks and reports = www.PodcastBonus.com.au Join us at Wealth Retreat 2023 – click here to find out more. Shownotes plus more here: 11 rules for successful property investing in today's market

If you've been following the news lately, you might have noticed that there seem to be a lot of mixed signals about the state of the property market. While some commentators are warning of a looming property market crash due to rising interest rates, the statistics that came out at the beginning of the month from all the major property research houses suggest that our property markets are looking for a floor. In today's Big Picture podcasts Pete Wargent we discuss the outlook for the Australian economy and our property markets and the latest economic figures that came out this week including housing approvals, the monthly CPI figures, and our Q4 GDP figures. 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 new Podcast Pete Wargent's blog Join Pete Wargent and me at Wealth Retreat 2023 – click here to find out more Shownotes plus more here: Is it good news or bad news for property? Big Picture Podcast with Pete Wargent

In today's show, we're going be exploring a number of topics that I feel are important to living a fulfilling life: successful investing and happiness. To guide us through this discussion, we are going to ask ChatGPT, the latest craze in Artificial Intelligence, to help us. I'm also going to be joined by Mark Creedon, founder of Business Accelerator Mastermind and CEO of Metropole as we decide how smart the answers generated by this-called "powerful artificial intelligence language model" really are. So, let's dive into this fascinating conversation with Chat GPT. 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 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 Join us at Wealth Retreat 2023 on the Gold Coast in 2023– express your interest here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Beyond the Money: Chat GPT's Insights on Pursuing Fulfilment and Financial Success

Welcome to another episode of the Michael Yardney Podcast, as today we discuss how to prosper in a financial world that's rigged against you. Now that's a bold claim, but my special guest today is Rob Dix, author of the book The Price of Money, and we'll be discussing money, inflation, the world of finance, and how to position yourself to prosper in the current environment. Links and Resources: Rob Dix – author of The Price of Money The Property Podcast with Rob and Rob Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here Join 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 as my gift for subscribing to this podcast www.PodcastBonus.com.au Shownotes plus more here: How to prosper in a financial world that's rigged against you, with Rob Dix

We all belong to one - a demographic tribe, that is. In fact, Australia is one big country of many tribes. If you don't belong to the one, you don't survive. Some are easy to find: it might be your footy team or where you work, the way you vote, or the way you dress. But there's another set of tribes that are of interest to property investors and businesspeople - the tribes and labels that demographers divide us into. Now I'm sure you've heard of Baby Boomers and Millennials, but have you heard of FIFOs or VESPAs, or the YOLO tribe? And do you know what they mean and how understanding the demographic tribes can help you target your investments or business decisions? That's what I'm going to discuss in today's show with leading demographer Simon Kuestenmacher. 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 Simon Kuestenmacher - Director of The Demographics Group Join us at Wealth Retreat 2023 – click here to find out more Shownotes plus more here: Do you understand the Demographic Tribes and how they influence our property markets? With Simon Kuestenmacher

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 poor habits that hold us back. That's what I'm going to talk to Tom Corley about today. So, whether you're a seasoned investor or just starting out, join us as we uncover the reasons why smart people do stupid things with their money and learn how to make smarter financial decisions. Links and Resources: Join Tom Corley and me at Wealth Retreat 2023 – click here to find out more. Metropole's Strategic Property Plan – to help both beginning and experienced investors Tom Corley's blog Get your copy of Rich Habits, Poor Habits here- www.RichHabitsPoorHabits.com Shownotes plus more here: Why smart people do stupid things with their money, with Tom Corley

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. And that's what I'm going to discuss in today's show with Greg Hankinson, director of Metropole Constructions, and a veteran builder who's undertaken hundreds and hundreds of renovations Long before I got involved in property development, I cut my teeth on renovations, and I'm still actively renovating the properties in our portfolio, so I'm looking forward to having a chat with Greg and sharing some of my experiences, too. Links and Resources Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Fin our more about Metropole Constructions Join us at Wealth Retreat 2023 on the Gold Coast in 2023– express your interest here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Avoid these property renovation mistakes that could cost you thousands, with Greg Hankinson

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

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 sentiment, and government policies, and explore how they affect supply and demand, property values, and market conditions and we'll highlight the factors that we think you should understand. Whether you're a seasoned investor or simply interested in the health of the property market, today's show will provide you with valuable insights and expert analysis of the big picture. The Big Picture with Pete Wargent If you would have asked me this time last year, I wouldn't have thought we would be talking about an inflation rate of close to 8%, 9 consecutive interest rate rises, and that the war overseas which had just commenced would still be raging. And considering the upbeat state of our markets last year and the fact that we were emerging from Covid, I would not have thought Australian consumer confidence would be at historic lows 12 months down the track. But here we are. Predicting the future direction of our property markers seems to be more challenging than it has been for a long time. There are so many conflicting messages and so much conflicting information out there. On the one hand, we have experts who believe we are nearing the bottom of this. 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 new Podcast Pete Wargent's blog Join Pete Wargent and me at Wealth Retreat 2023 – click here to find out more Shownotes plus more here: February 2023 Big Picture Podcast with Pete Wargent

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 Resources Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Join us at Wealth Retreat 2023 – click here to find out more.

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 of innovation and economic growth in Australia today and has been for more than a century. Having diverse peoples come to our shores fuels ideas, markets, and much-needed skills that help transform our economy into a powerhouse. But there's another important part about immigration – future citizens, those migrating now help shape who we are tomorrow. Today I discuss why Australia needs more migrants and future citizens, with leading demographer, Simon Kuestenmacher, and I believe this is important for you to understand is a property investor, so welcome to today's show. 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 Simon Kuestenmacher, Director of The Demographics Group Join us at Wealth Retreat 2023 – click here to find out more Shownotes plus more here: Does Australia really need more migrants? With Simon Kuestenmacher

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 many properties you have or how much money you have in the bank. While we won't talking about specifically about real estate today, even though my guest is a very successful property investor, we will talk about ways of making you wealthier in all areas of your life. 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. Arun Dhir – Get your own copy of Your Mess Has A Message Dr Arun Dhir's Heal Centre Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Your Mess Has a Message, With Dr. Arun Dhir

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 investment journey, and even if you've heard them before they may be a good reference point or offer a new perspective from which to think about your own plans and what you could be doing. And then I'm going to share some concepts I haven't discussed on this podcast before – I'll explain the three different categories of fundamentals that I consider when making investment decisions. 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 eBooks and reports = www.PodcastBonus.com.au Join us at Wealth Retreat 2023 – click here to find out more. Shownotes plus more here: Here's how I'll be investing in property in 2023

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 the domain of many current residential investors. Unfortunately, I've seen many investors go wrong with commercial real estate because they don't really realize that the rules for commercial property are very different from residential investing, and they are given a false sense of security from some of the podcasts and blogs encouraging this type of investment. I bought my first commercial property in the 1970s, and I've made all the mistakes, but today I'd like to give you some clarity and direction regarding this. So, I've dedicated the entire episode of this show to shops and warehouses and offices as I discuss commercial real estate with Brett Warren, national director of Metropole Property Strategists. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists 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 eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Is now the right time to invest in commercial property? With Brett Warren

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, or in their personal life We'll remember all the big wins we had and the successes we had. Unfortunately for some, this year will end with disappointment—maybe even regret—about all the things they wanted to accomplish but didn't. If you are tired of making resolutions that go nowhere; tired of reaching for the stars to only land in the dirt; and tired of running in place, then today's show is for you as I chat with Mark Creedon about a list of things that successful people don't do and as you'll find out that's just as important as understanding what successful people do. Have you ever wondered what successful people do to become... well… successful? Be they businesspeople, entrepreneurs, or property investors, their success is caused by all the things they have chosen to do and all the things they have chosen NOT to do. Sure there are lots of books, blogs, and podcasts on what successful people should do - great books like the 7 habits of highly successful people, but today I want to talk about things successful people don't do, and these can be just as important as the to do's on your path to success 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 Subscribe to Mark Creedon's weekly newsletter here Get a copy of Mark's new book here – Have a Business not a Job Join us at Wealth Retreat 2023 on the Gold Coast in 2023– express your interest here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: 25 things successful people don't do, and neither should you! With Mark Creedon

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 year? Nobody could have foreseen all that's happened, including the severe slump in consumer confidence because of all the economic uncertainty or that the coronavirus keeps lingering. But as we're now well into 2023, I can't help but reflect on what Australia as a country has accomplished and what I've achieved personally, what I've overcome, and the lessons I want to carry with me into this New Year. And I'd like to share them with you today to help make 2023 a great year for you in your property 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 Get a bundle of eBooks and reports = www.PodcastBonus.com.au Join us at Wealth Retreat 2023 – click here to find out more. Shownotes plus more here: Twenty-two lessons from 2022 you don't want to forget

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 the importance of data but also how even more important is the ability to put the plethora of information into perspective, as I share with you several metrics that we look at when deciding where to invest. And just as importantly, I'm going to share with you one very commonly used data metric that most investors use but at Metropole we almost totally ignore. And I'll explain why you should also. 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 range of my ebooks here: www.PodcastBonus.com.au Shownotes plus more here: How to use property data to your advantage

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 May in response to rising inflation and hasn't stopped since - enacting the fastest series of rate hikes since the 1990s and sparking a dramatic turnaround in property values. As the property market edges toward the end of 2022, prices have fallen by around 7% overall, but by more than 10 percent in selected areas; fixed-rate mortgages start from 5 percent and buyers can afford to borrow far less than they could a year ago. So how much further are our property markets going to fall? Links and Resources Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's why the property markets may have already bottomed, with Stuart Wemyss