Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

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 thousands of times more than the average worker in Australia earns. Anyway… I think he'd be impressed with how I invest because there are some similarities in our investment philosophies. So in today's show, I'd like to look at some of Buffett's investment principles and see how we can apply them to our property investing. 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: Why not invest like Warren Buffett?

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 information from today's show that will help you get more success in your investments. 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 Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game Shownotes plus more here: Maybe you should stick to your day job and not invest in property, With Stuart Wemyss

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 major structural shifts that have led to previous property booms, then Brett Warren and I will discuss the property cycle, 8 reasons property values increase in the short to medium term, and 3 reasons property values increase in the long term. Then I'll try and tie all this together to give you some expectations for the year ahead and help you make those important decisions homebuyers and property investors need to make. 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. Shownotes plus more here: What's ahead for our property markets in 2023? With Brett Warren

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 heading forth an economic Armageddon, I respect the lessons I learned from him many years ago on personal finance so today in this podcast with Mark Creedon, founder of Metropole's Business Accelerator Mastermind, I'd like to share 20 lessons I believe you should understand from his great book Rich Dad, Poor Dad. At the end of today's show, I hope you learn a few new things about money and finance and that I will have reinforced a number of things you already knew, and maybe we can help you escape the vicious cycle of working hard your whole 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 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 a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: 10 Key Lessons to Learn from Robert T. Kiyosaki's Rich Dad, Poor Dad, with Mark Creedon

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. Understanding what could go wrong is one way of making sure things don't go wrong and you can enjoy the success a small group of property investors enjoy. The problem is most people who get involved in property investment don't develop the financial freedom they're after. 50% of new investors sell up in the first 5 years Most investors never get past their 1st or second property Only 20,000 Australians own 6 properties or more. Now, this is not the type of information most people tell you about property when you first get started. That's probably because many of the people you speak with are trying to sell you something – sometimes it's a property – in other cases it's their services (buyers' agents). This episode is my attempt to redress that balance a little bit and share some brutal truths about property that you don't often come across. 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 Collect your bonus ebooks and reports here: www.PodcastBonus.com.au Shownotes plus more here: The Brutal Truths about property investment that no one else will tell you

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't get me wrong - I'm not suggesting there's a property boom ahead. But I am suggesting there's a window of opportunity for those who understand the forces behind the property market reset over 2023, and that's what Dr. Andrew Wilson and I discuss in 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 Dr. Andrew Wilson, Chief Economist My Housing Market Join Dr. Andrew Wilson at Wealth Retreat 2023 – click here to find out more Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Join Michael Yardney's Mentorship Program – find out more here Shownotes plus more here: The forces behind the property market reset of 2023, with Dr. Andrew Wilson

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 written a book about the golden rules of investing so let's see which rules have stood the test of time. 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 this the most important Golden Rule of property investing? With Stuart Wemyss (Summer Series)

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 opportunity for learning and for realizing their fullest potentials. Some of these lessons are learned the hard way. However, by learning to cope with the challenges, one can come out of the experience wiser and stronger, more able to face whatever else lies ahead. Now, this is as just relevant in property investing as it is in business, entrepreneurship, relationships, in fact in all areas of your life. So, in today's show Mark Creedon and I discuss a series of life lessons you may have learned in the past but have most probably forgotten. And hopefully, by the end of today's show you'll have some great ideas, inspiration, and new plans to make this new year, 2022 the best year of your 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 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 2022 – find out more here Shownotes plus more here: Here's a list of life lessons you've learned over the years but probably forgotten, with Mark Creedon (Summer Series)

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 the wealth in the world, and you may well be surprised that if you're listening to this show, you fall into that 1%. Why the 1% control over 80% of the wealth The topic for today's show was inspired by an article I recently read article complaining about the rich. The author was upset at the fact that 1% controlled 82% of the wealth in the world. Now there's no doubt the rich are getting a lot richer and doing so a lot faster, and of course, this has been fodder for some sensational headlines and a lot of commentaries. Let me be clear…No one's hardship should be belittled. Becoming unemployed or not being able to keep up with your mortgage payments aren't just financial problems. They're social and emotional problems that strike at your sense of worth. But things always need to be kept in perspective. Some really interesting numbers emerge when you expand your view and look at the richest 1% in the entire world. So, how do the 1% cultivate wealth? That's what I'm going to discuss today with my good friend Tom Corley who is my co-author of our internationally best-selling book Rich Habits Poor Habits. Tom is a CPA, and CFP and heads one of the top financial firms in New Jersey. For 5 years, Tom observed and documented the daily activities of wealthy people and people living in poverty, and in his research, he identified over 200 daily activities that separated the "haves" from the "have nots," which culminated in his #1 bestselling book, Rich Habits, Poor Habits. So what do the rich do differently? Habits. The top 1% cultivate wealth by doing certain things: Read to Learn Every Day — 88% of the rich in my Rich Habits Study read 30 minutes or more every day to learn. Deliberate Practice — 69% of the rich in my study practiced some specific skill for two or more hours every day. Pursue Long-Term Goals or a Dream — 70% of the rich in my study pursued some long-term goal or some dream. Focus on Daily Goals — 62% of the rich in my study focused on their daily goals. Save — 94% of the rich in my study saved 20% or more of their income every year. Be Frugal with Your Money — 67% of the rich in my study were frugal with their money. Forge Rich Relationships — 68% of the rich in my study forged relationships with other upbeat, success-minded people. Volunteer — 72% of the rich in my study volunteered 5 hours or more a month. 5 AM Club — 44% of the rich in my study woke up 3 or more hours before they began their workday to pursue dreams, and goals, read, be productive, etc. Become a Decision-Maker at Work — 91% of the rich in my study were a decision-maker where they worked. Do Work You At Least Like — 86% of the rich in my study liked what they did for a living. The Bottom Line. Everyone wants to be on top of the mountain, but few are willing to make the climb. The 1% control 82% of the wealth because the 1% are willing to climb the mountain. If you want to be one of the 1%, you need to start climbing. Links and Resources Michael Yardney 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 Join Tom Corley and me at Wealth Retreat 2023 – click here to find out more Some of our favorite quotes from the show: "There's dumb luck, as we've spoken about before, and there's good luck, but interestingly, you've got to be in the right position to recognize that." – Michael Yardney "It's not just who you know, it's who who you know knows." – Michael Yardney "The way this works is you only need a slight edge to be above other people." – 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 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 realized that there are some valuable lessons all investors can learn from playing Monopoly to help them win the game of property investing in real life. Playing Monopoly with my grandchildren reminded me of a very important lesson all property investors must understand – and this is that not all real estate is equal. You see…everyone wanted to buy Mayfair the most expensive street on the board, but no one really wanted the cheap locations at the other end of the board, the names of which I don't even remember. Then there are other locations on the Monopoly board, some of which were more desirable than others. And it's the same in real life…not all real estate locations are equal and just like there are different precincts on the Monopoly board, there are basically 4 types of locations where you could buy properties in the real world. And as you'll see a lot has to do with the demographics of those who want to and can afford to live in these suburbs. 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 Shownotes plus more here: Here's what a game of Monopoly taught this veteran property investor (Summer Series)

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 then I'll be chatting with Brett Warren, national director of Metropole Property Strategist about something very interesting he found when he sat down with potential clients of Metropole. He realized that their homes often performed better than investment properties they owned. I'm going to ask him why. 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 Shownotes plus more here: 21 reasons many Australians are bad with money | Why your home may outperform your investments with Brett Warren (Summer Series 2023)

Do you know what's so interesting about success? When I look at people around me who are ultra-successful — I mean, whether it's in their business, their investments, with money, or in their physical health, or maybe it's in their relationships —it's not that they're any smarter. It's not that they're any more talented. They weren't born with something special. Instead, they simply have a different mindset. They think differently, and you've heard me say it before – your thoughts lead to your feelings; your feelings lead to your actions, and your actions lead to your results. For these successful people, their outside world – the results you see - is a reflection of their inside world – the way they think. Now that we're close to the end of the year, let me ask you a question: looking back, how successful has the year been for you? Like most of us, there have been a lot of challenges this year for you, probably more than most of the years. So, in today's show, I chat with Kurek Ahshley, and he'll give you some clues as to how to make next year the most successful year you've had. I know that's a bold claim, but he is known as "The Transformer," and when we chat, you'll understand why. Links and Resources: Michael Yardney Kurek Ahshley – The Transformer - www.kurekashley.com Check out Kurek's Program – Stop What's Stopping You Get in contact with the experienced team at Metropole Property Management & we'll help you maximise returns, minimise risk & make it easier 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: How to achieve way more success and work less! With Kurek Ashley

Throughout the year, the media has been reminding us about how rising interest rates are hammering our property markets, and commentators keep reminding us about the uncertainty of our economic future. It's easy to see all the risks and problems now, but five years from now, it's likely we will look back and see lots of missed opportunities. That's why once a month, I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts when we look at the macro factors affecting our economy and our property markets to help bring our years of perspective to you. And that's what we plan to do again today, as we sum up what's happened to our property markets in 2022 and give you some ideas about what we think is ahead for 2023, so welcome to today's show 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 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: Property and economic trends and forecasts for 2023 The Big Picture Podcast with Pete Wargent

As I look back at 2022, the year seems to have gone quickly for me, even though I know for a lot of people, it has been a slow and difficult year. For those in property, it was a roller coaster year where we came to expect the unexpected. We went from this time last year, the RBA declaring that "The Board is committed to keeping the cash rate at this level until 2024," to ending up with 8 consecutive hikes this year. That meant we moved from boom conditions at the beginning of this year, driven by ultra-low borrowing costs and strong demand to falling property markets around Australia, with fragmented markets as each state performed differently. So, what's ahead for us? What will 2023 bring? That's the question I want to discuss with my guest today, Dr. Nicola Powell, chief of research and economics at Domain. 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. Nicola Powell – Domain's Chief of Research and Economics, Join us at Wealth Retreat 2023 – click here to find out more Get a bundle of free eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: 5 big property trends to watch for in 2023, with Dr. Nicola Powell

We know that housing affordability is a real issue, with many Aussies now finding it harder to buy their dream home as 8 consecutive interest rate rises have cut many buyers borrowing capacity by up to 20%. But what about rental affordability? With more and more people renting for longer at a time when the number of advertised dwellings for rent has plummeted, vacancy rates are record lows, and rents have shot up at the fastest rate in decades, what does this do to rental affordability and how will this affect rental increases moving forward? I also get his views on the strength of Australia's economy, the latest monthly inflation figures and what's ahead for interest rates, and where our housing markets are headed. 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 Join Dr. Andrew Wilson and me at Wealth Retreat 2023 – find out more here 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: Where are our economy and our housing markets headed? With Dr Andrew Wilson

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

Are you hoping to be a better investor, businessperson, or entrepreneur? Well, today's show is for you because we discussed the concept of behavioural finance, which is the study of the effects of psychology on investors and financial markets. But don't worry, it's not woo-woo stuff, and it's not technical. Instead, I share several quotes from my favourite author, Morgan Housel, and Mark Creedon and I will try and explain why investors often appear to lack self-control, act against their own best interest, and make decisions based on personal biases instead of facts. Whether you're a beginning investor or well down the track in your investment journey, I'm sure today's show will give you some insights, as you're probably twice as biased as you think, and if you don't think this applies to you, you're probably four times as biased as you think. 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 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: What no one ever told you about being a successful investor, with Mark Creedon

I remember several years back, there was a computer game called SimCity that allowed players to build civilizations from the ground up. As a player, you could build roads, water supplies, and industrial precincts as your city grew, and this would then attract workers whose taxes would allow you to continue to build your civilization, raise armies and conquer the world. However, if you failed to provide adequate infrastructure, community sentiment would go sour, residents would leave, civilizations would collapse, and then as a player, would have to start all over again. With Australia's population likely to grow to 40 million people by mid-century, to a degree, this is what could happen in the real world. Is Australia going to adequately provided infrastructure for our significant population growth, and if not, what will that mean for our standard of living and our property markets? That's what I discuss in today's show with my guest Ross Elliot. 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: A housing shortage is the least of our problems according to Ross Elliot

There are now a number of property commentators suggesting we are near the bottom of this property cycle, and as you'll hear in my chat with Dr. Andrew Wilson in today's podcast for two months in a row, he has found house asking prices are holding steady or rising. Asking prices are a leading indicator and turn before eventual sale prices do, but as you'll hear in our chat today, these are not the only indicator that our markets are finding a floor. You will also hear us discuss the latest employment data, the fact that we're starting to spend less and what this may mean for interest rates, the Reserve Bank's apology to those who listened to their forward guidance, and the auction market trends which suggest our markets are close to the bottom Links and Resources: Join Michael Yardney and Dr Andrew Wilson at Wealth Retreat in April 2023 – find out more here. 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: Are we there yet? Have house prices stopped falling? With Dr Andrew Wilson

Superannuation, or 'super', aims to help keep us financially secure when we move into a post-work lifestyle, and has been a crucial part of Australian lives for more than 100 years. While most Australians have their superannuation in industry funds, more and more Australians are looking at setting up their own self managed super fund. In today's show we discuss whether you need one or not. So if you have a SMSF my discussion with Ken Raiss will be very valuable for you, and even if you don't have one at present, it's probably worth understanding why so many Australians have set up their own Self-Managed Superannuation fund. 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 and your SMSF Trust Deed is documented correctly– 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: Do you have an SMSF? Should you have an SMSF? With Ken Raiss

I've often said that property investment is a game of finance with some houses thrown in the middle. But currently, more and more investors and homeowners are having difficulty getting finance in the rising interest rate environment. So, what should you do? What type of finance strategy should you have to prepare yourself for what's ahead? And how do you deal with the banks? And do you know about private lending channels? What are they, and how can you take advantage of them? That's what I discuss in today's podcast with Daniel Gold I also chat with Greg Hankinson, director of Metropole Constructions about how much building costs have risen recently and what's ahead for construction costs. Links and Resources: Michael Yardney Dan Gold Director Long Property Finance Brokers Get in contact with the experienced team at Metropole Property Management & we'll help you maximise returns, minimise risk & make it easier 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: How to deal with the banks when interest rates are rising, with Dan Gold

We know that there is a dire housing shortage around Australia, not just for rental accommodation, but for people needing social housing, affordable housing, and for people wanting to live in desirable locations around Australia And this is only going to get worse with our borders now open to skilled migrants and international students. So, it was great to see that the recently delivered budget contained multiple housing initiatives, including the "aspirational target of 1 million new, well-located homes over five years from 2024". But in my mind, while our government sounded serious about housing — I don't think they're serious enough to fix the structural problems that have locked so many Australians out of owning a home and, increasingly, renting one. And that's what I discuss in today's Podcast with Dr. Andrew Wilson, chief economist of My Housing Market. 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: Labor wants to build 1 million new houses. Is that really possible? With Dr Andrew Wilson

Today's show is one of our popular question-and-answer sessions. But this is one with a difference. I guess it's more like a speed-dating session. Not that I've ever had a speed dating session. Not that I've ever had a speed dating session. But today's show is the audio of a Zoom meeting I had with a small group of clients and prospective clients of Metropole who asked me a wide range of questions about our property markets and our economy. I'm sure you've thought of some of these questions yourself, so hopefully, I can give you some clarity on the answers. 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: Your property questions answered – speed dating style

It's been an interesting few weeks full of economic news, which has led to further uncertainty about the future of our economy and our property markets. If you're a regular listener, you'd know that once a month, I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts and we look at the macro factors affecting our economy and our property markets, and we've got a lot to discuss today. If you asked me at the beginning of the year, I would not have thought that we'd be talking about inflation reaching 8%, interest rates at 30-year highs, or a war overseas that keeps raging on and floods back home creating havoc. However, all these factors influence what's happening to our economy and our property markets. 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 Shownotes plus more here: What the economic downturn means for property | November 2022 Big Picture Podcast with Pete Wargent

They say the road to success is paved with failures, and speaking from personal experience, I know that's very true. Life is a continuous learning experience. Throughout our lives, we keep rising and falling, picking up important lessons along the way. Some of these lessons come from experience, yet there are others that we learn by watching others or reading in books. In today's show, Mark Creedon and I discuss a series of life lessons from Robin Sharma, best-selling author of books like The Monk who sold his Ferrari. I think these lessons will be just relevant in property investing as they will be in business, entrepreneurship, relationships, in fact, in all areas of your life. And hopefully, by the end of today's show, you'll have some great ideas, inspiration, and new plans to make the coming year the best year of your 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 Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Join us at Wealth Retreat 2023 – www.WealthRetreat.com.au Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Powerful Life Lessons from Robin Sharma, with Mark Creedon

Are you wondering what's ahead in property for 2023? Maybe you'd like to know what other Australian property investors plan to do. Well, that's exactly what we discuss in today's show as we unpack the results of this year's Property Investor Sentiment Survey. You'll hear what 1,900 Australians feel about our current real estate markets and what they plan to do. And you'll also hear how rising interest rates and inflation are affecting their household budgets, what they mean for their property plans, and how, if at all, it changed their strategy. You see…these Aussies took part in this year's Property Investor Sentiment Survey run by my Property Update newsletter in conjunction with Finder.com.au. And you'll find some of the findings eye-opening – I know I did – especially when I read how many investors sold up last year and the reasons why they did. Even more curious was how many investors are planning to sell up their properties in the coming year. And as usual, I'll share a mindset message with you because if you can change your thinking, it could change your 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 Sarah Megginson – Money Expert at Finder.com.au Finder Money App Join us at Wealth Retreat 2023 – www.WealthRetreat.com.au Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Here's what 1,900 investors think is going to happen to property in 2023, with Sarah Megginson

There have been some interesting property headlines recently, haven't there? Things like Australia's house prices are seeing the fastest quarterly decline on record. An Australian property market crash is coming. The chances of a crash in house prices just jumped. A Freedom of Information report revealed internal research by the RBA found property prices could fall by as much as 20% Is a property crash really likely? That's what I was recently asked by Nathan Veccio, Mortgage Coach and Brisbane based Mortgage Broker at Hunter Galloway, in an interview for his YouTube Channel And considering that thousands of people watched the interview and over 90 commented on this interview, I asked Nathan permission to replay the audio version for you as a listener of my podcast. I think you'll find the questions Nathan asked me insightful, and even though you may have already heard some of my views on what's ahead for our property markets, considering all the changes in the few weeks since we recorded this interview, I think my comments are even more relevant. Rather than being overly worried about inflation, rising interest rates, and all economic woes, please take the time to listen to my thoughts, and I hope at the end of today's show, you'll have a bit more clarity of watch ahead. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Nathan Veccio, Mortgage Coach and Brisbane-based Mortgage Broker at Hunter Galloway Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Are we inching closer to a property crash?

We're living in challenging, stressful times with a barrage of mixed messages about what's ahead for our economy and our property markets. Everything seems to be stacked against those looking to invest in property, falling values, rising interest rates, and various governments interfering, making it seem like we are losing control of our investments. The bottom line is investing is getting harder. It's easy to see all the risks and problems now, but in five years, it's likely we will look back and see lots of missed opportunities because the rear vision mirror is always clearer than the windscreen. Another prediction I'd like to make for five years' time is that 50% of those who buy an investment property in the next year or two will have sold up. Why do I say this? Because that's what's been happening for the last few decades. And unfortunately, many who will have held onto their investment property won't be owning an investment-grade property. Meaning they won't achieve the financial independence they're looking for. What can you do about this? How can you end up being in that small group of investors who own a substantial property portfolio? That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Blog - – Focusing on rental income cost you $1million in lost wealth 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: Making this investment mistake could cost you $1million, with Stuart Wemyss

Have you noticed how everybody seems more stressed lately? For many, it seems harder to be happier at a time when everyone seems to be more stressed because of the continual changes occurring. It started with the uncertainties of Covid a few years ago, and for most of this year, the media has been scaring us with the bogeyman of inflation, rising interest rates, lower living standards, and possibly even a recession. So, in today's show, our focus is going to be a little bit different - we are not going to be talking about property – we'll be discussing another important part of your wealth because my guest Merv Neal is going to teach you how to cope with stress. 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 Merv Neal http://www.mervneal.com Holistic Services Group. www.holisticservices.com.au RUOK? If you have any concerns: Speak with a friend Call Lifeline 13 11 14 or Beyond Blue 1300 22 4636 for 24/7 support Shownotes plus more here: Here's a really weird but practical way to cope with stress with Merv Neil

In today's podcast, we talk about property management, but we're going to bring up some things you may not be aware of. Did you know that one state legislation requires you to give your tenant your personal email address or your mobile number? Did you know that in another state, you can't ask potential tenants their age or their occupation? How can you do a thorough tenancy check? Boy, has legislation moved in favour of the tenants rather than the property investors. No wonder more and more investors are wondering if it's all getting too hard. So, what can you do to protect yourself and the significant investment you've made in property? That's what we discuss today with Leanne Jopson, national director of Metropole Property Management. Links and Resources: Michael Yardney Leanne Jopson National Director Metropole Property Management Get in contact with the experienced team at Metropole Property Management & we'll help you maximise returns, minimise risk & make it easier 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: Why would anyone bother being a landlord? With Leanne Jopson

What's ahead for Australia for the balance of this decade? That's what I discuss today with leading demographer Simon Kuestenmacher. Forecasting is important because it can help us to make better investment and financial decisions. If we have a sense of where the world and our economy are going, we can prepare better. In theory, that's what forecasting should do. In practice, it's much harder as the world keeps throwing surprises at us. But if you've heard my chats with Simon before, you'll know how he shares great insights, so if you are interested in property investment, or just the future of our country and how it will relate to you, your job, and your prosperity I'm sure you'll get benefit from my chat so welcome to this week's show. Links and Resources: Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here: www.PodcastBonus.com.au Shownotes plus more here: Here's what Australia's aging population crisis means for us, with Simon Kuestenmacher

Today's podcast initially started as a regular question and answer session with Ken Raiss where we answer your queries, but it ended up being a discussion on the role of property investors based on a comment made by a friend of Ken's who said that "property investors are the scum of the earth feeding off poor tenants." While I'm sure as somebody interested in property, you'll have your view on this, I think you'll enjoy my chat with Ken today as we initially answer Grant's question about whether Australia will fall into recession. Now I know we've discussed this before, but the world has changed since then, and then you hear our opinions on whether property investors are the scum of the earth or how they fulfill a critical role in the Australian housing market. 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: Property Investors are the scum of the earth + Will we fall into recession – With Ken Raiss

Property investment has lost its appeal for 45% of Queensland investors, according to the latest Property Investor Sentiment Survey by PIPA. The survey found many investors are selling up, and quite a few feel they are longer in control of their assets. I'm sure you'll still find my chat with Nicola McDougall, Chair of the Property Investment Professionals of Australia interesting, especially as you compare yourself with what other Australian investors are planning to do. 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 Nicola McDougal's Book - The female Investor PIPA Annual Property Investor Sentiment Survey 2022 Shownotes plus more here: Property Investment has lost its appeal, with Nicola McDougall

One of the best parts of being involved in the property markets is that I'm continually learning. However, one of the things I've learned from history is that we don't learn from history. How often have you heard people say this time is different when really it isn't? Some things just don't change. In today's podcast, I chat with Brett Warren, national director of Metropole and we discuss some of the lessons I've learned from history and talk about some things that don't change to help give you some clarity and direction in these interesting challenging markets. 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: The 4 most dangerous words in property investment, with Brett Warren

Who do you ask for property investment advice? With so many mixed messages and vested interests, who can you really trust? And in today's property markets, there are very few advisers who have the perspective of having lived through and successfully invested in several property cycles and understand how to take advantage of the current stage of the property cycle. Yet there is a new breed of so-called property experts emerging. So, what's the threshold for being able to call yourself an expert? Usually, experts have years of experience in their chosen profession. They're at the top of their industry, and they shape the path of progress. And yet, there's no shortage of so-called "property experts" and buyers' agents whose only real experience seems to me they've done a short course and really love property. The rise of these so-called "advisors" coincided with the practice of personal branding on social media. While social media has undoubtedly created fantastic opportunities for real experts to connect and share their knowledge, it has also opened the floodgates for a tsunami of self-titled "property experts" looking to flog their books, consulting sessions, training programs, or online courses. So, in today's show, Mark Creedon and I are going to share some advice from Warren Buffett. As I said, don't take advice from somebody you wouldn't trade shoes with, and I bet you'd love to be in his position. The bottom line. These are only a few of the thoughts from probably the most quoted investor. I could easily have made the list twice as long but use these as motivation to think differently. 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 a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: What would Warren Buffett do? 15 ideas for smarter investing in these challenging times, with Mark Creedon

It's been an interesting few weeks full of economic news which has led to a lot of uncertainty about the future of our economy and our property markets. If you're a regular listener you'd know that once a month I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts when we look at the macro factors affecting our economy and our property markets, and we've got a lot to discuss today. Interesting, only a couple of minutes after we recorded this show, the Queensland Government did a backflip and repealed its outrageous Land Tax, so even though we spend a couple of minutes talking about this in today's show, this tax is no longer a concern, however the underlying tendency for Governments to see property investors as an ATM hasn't really gone away. And in other good news Governor Philip Lowe is easing his foot off the economic brake to take time to assess the impact of the most aggressive monetary policy tightening since the early 1990s. The RBA sensibly dropped back to a 0.25% hike this month taking the cash rate to 2.6%. While it's likely we'll have one or two more 0.25% rate hikes, it looks like the peak of interest rate increases is in sight, and in today's show you'll hear Pete Wargent and me give you our thoughts on what that means for our property markets. I also chat with Pete about the latest US inflation figures and interest rate hikes there which spooked the markets as there was no sign that underlying inflation is abating and the probability of a recession in the USA increasing. You may remember that Reserve Bank Governor Philip Lowe warned that a deteriorating global economy would make it hard for Australia to achieve a "soft landing" due to the economic buffeting that is underway. At the same time, he also said he would not be surprised if house prices fall 10 per cent from their peak. But then only a day later Jonathan Kearns Head of Domestic Markets at the RBA suggested the falls could be 15%. But I don't necessarily agree with them, and I explain why in today's show. 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 Shownotes plus more here: Investing is getting harder; should I get out?| October 2022 Big Picture Podcast

We are now in the cooling-off adjustment phase of the property cycle. And if you believe most of what the media tells you, it's all to do with interest rates. But I don't agree. So, to help you understand what's ahead for our property markets and why the markets won't crash like some are suggesting, I want to share with you myriad financial, social, and political factors which impact what your family home, or your next investment property, might be worth to show you that it's a lot more than interest rates. Links and Resources: Michael Yardney If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalized Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: The 7 biggest influencers of our property markets

Our property markets couldn't look more different from this time last year if they tried. Gone are the frenzied buyers gripped by FOMO, housing markets in which prices rose by $1200 a day, and auctions that routinely finished millions of dollars over their reserve. Last year's scenario of never-ending price rises has been replaced by rapid-fire interest rate rises (with more to come), slowing or falling prices (depending on your postcode), and a general sense of trepidation. If you're a buyer, do you sit on your hands and wait for prices to fall? Or do you buy now before interest rates and inflation rise even more, reducing your borrowing power and spending capacity? If you're a seller, do you list now and meet the market before prices possibly fall further? Or do you hold off, assuming there will be less for sale in a few months, meaning fewer homes to compete with? In other words, what's the right thing to do now – buy, sell, or hold? That's what I ask leading financial advisor Stuart Weymss, in today's show. 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 now is a good time to buy your next property, with Stuart Wemyss

It's been an interesting month full of economic news. Recently the latest US inflation figures spooked the markets as there was no sign that underlying inflation is abating Then back home, Reserve Bank Governor Philip Lowe warned that a deteriorating global economy would make it hard for Australia to achieve a "soft landing" due to the economic buffeting that is underway. He is also worried that businesses are using inflation as a cover for even higher prices. And speaking of the property markets, he explained he would not be surprised if house prices fall 10 percent from their peak. He also said the RBA wasn't to blame for housing affordability issues - blaming the choices made by society. There's a lot to unpack from Governor Lowes' speech so in today's show Dr. Andrew Wilson and I discuss this plus lots more. 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: RBA interest rate warning: the global signs aren't good, with Dr. Andrew Wilson

If you're a regular listener to this podcast, you know that I often say demographics will drive our destiny, not just with regard to property, but for Australia and the world as a whole. In today's podcast I chat with leading demographer Simon Kuestenmacher about the composition of Australia's population moving forward. It seems we're going to have more older people and proportionately fewer young people, so how do we grow our economy with fewer young people, and what do falling birth rates mean? If you've heard my chats with Simon before, you'll know he shares great insights, so if you're interested in property investment, or just the future of our country and how it will relate to you your job and your prosperity, I'm sure you'll get benefit from our discussion. Links and Resources: Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Australia's aging population crisis is almost upon us, with Simon Kuestenmacher

While property investing may be simple, it's not easy, and that's not a play on words because many investors end up paying a huge "learning fee" or "Stupid Tax," as I like to call it. That's because successful property investment comes down to much more than just knowing what you need, knowing what you can afford, and knowing exactly what's available at the time you are ready to buy. In reality, all property investors pay a learning fee of some sort. You either pay the market and end up like most investors, never building the substantial property portfolio you're looking for, or you pay to get professional advice. In my mind, not taking early advice from professional means you'll ultimately end up paying a much greater fee. So, in today's podcast, I'm going to ask Ken Raiss, Australia's leading property tax strategist and director of Metropole Wealth Advisory, to share some of the common mistakes he has seen investors make in the hope that we can help you avoid those mistakes. Links and Resources: Michael Yardney Ken Raiss, director of 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 Shownotes plus more here: A new tax for Property Investors + Common mistakes to avoid with Ken Raiss

According to the latest statistics from the ABS, our economy is roaring along. The most recent data, which unfortunately is backward looking to the June quarter, showed that as Aussies were released from their lockdown shackles, we spend more on ourselves, growing the economy strongly. But since then, the Reserve Bank has raised interest rates and will likely continue doing so, so will this kill a booming economy, and what will it do to our property markets? That's what I discussed in today's podcast with Dr. Andrew Wilson, chief economist of My Housing Market. 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 inflation and rising interest rates put an end to our booming economy? With Dr. Andrew Wilson

Our property markets are changing, and we've now moved into the adjustment phase of the cycle where there will be less capital growth and where, in many locations, property values are falling. So, what should a property investor do? Well, in today's show with Brett Warren, national director of Metropole Property Strategists, we talk about whether property investing is an art or a science, which you'll need to understand if you want to be successful in these more challenging times. And I share some major structural shifts that created property booms in the past and what I believe the next one is going to be. 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 property investing an art or science? With Brett Warren

If you're thinking about buying a home, whether it's your first home or you're upgrading or right-sizing, today's show is for you as I discuss 13 common mistakes homebuyers make with Leanne Spring, Director of Metropole's home buying and selling team. And even if you're not planning to buy a home, if you're interested in property, I'm sure you'll get some tips from my discussion today because property investors often make the same mistakes homebuyers make. Links and Resources: Leanne Spring – Director of Metropole's home buying and selling team If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: 13 common mistakes homebuyers make – and how to avoid them, with Leanne Spring

Well, we're into Spring, which is traditionally a great time to buy and sell properties, but what's ahead for our housing markets for the last quarter of 2022? Looking back on the year so far, our housing market had a lot to contend with. Coming off a once-in-a-generation property boom in 2021, our markets had to contend with floods, bushfires, geopolitical problems, a federal election, inflation, rising interest rates, and falling consumer confidence. Last year almost all property markets around Australia saw strong growth in house prices, but this year the markets were more fragmented, with the Sydney and Melbourne property, in particular, slowing down while the markets kept up their momentum. So back to my original question, what's ahead for property for the rest of this year? That's what Dr. Andrew Wilson chief economist of My Housing Market, and I discuss in today's Podcast 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: Spring Property Market Preview, with Dr Andrew Wilson

It looks like inflation will soar to nearly 8 percent by Christmas and be chased by interest rates that together will send people's ability to pay for things further into reverse, halt the jobs boom, and put the brakes on economic growth. I know many people are preparing for a rocky road ahead. But I don't necessarily agree with them. If the government and Reserve Bank get their settings right, inflation will moderate next year and slowly return to within the RBA's target range, unemployment will hover around 4 percent, real wages will start to grow, and we will end up with that desirable soft landing. However, I'm a fan of being prepared and not having a crisis rather than ending up in a crisis and not being prepared. So once a month, I catch up with leading economic commentator Pete Wargent in these monthly Big Picture podcasts when we look at the macro factors affecting our economy and our property markets. 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 Shownotes plus more here: To buy or not to buy? That's the question, with Pete Wargent

They say blood is thicker than water, but when it comes to distributing your wealth on your death, human instinct can take on a darker side because money is involved. So, no matter what your age is, planning your estate is an important matter. Estate planning goes well beyond drafting a will, so no matter how young or old you are, I think you will benefit from my chat with Kevin Raiss today. Estate planning involves arranging your assets and circumstances in such a way as to ensure that your beneficiaries after your death receive from your assets maximum use and enjoyment at a minimum cost in taxes and heartache. And you can't start this too early, so in today's podcast, Australia's leading property tax strategist Ken Raiss and I explain what estate planning is and what you should do about it. 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 Shownotes plus more here: Estate Planning matters you really must understand, with Ken Raiss

Today I'm going to share two interesting topics with you. First, I'm going to explain to you why I don't believe the current round of property naysayers and I hope by the end of today show you won't believe them either. Then I'm going to be chatting with leading artificial intelligence expert Dr. Catriona Wallace who has been recognized by the Australian Financial Review as the most Influential Woman in Business & Entrepreneurship. Dr. Wallace predicts robots will be a key part of business teams by 2030. You probably listen to this podcast because you want to understand more about property investment, success, and money, so what does artificial intelligence have to do with all this? Well, by the end of today's show, you'll find out. Links and Resources: Michael Yardney Dr. Catriona Wallace If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Why I never believe the property naysayers (and you shouldn't, either)

Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia's number one learning and networking event for already successful property investors, business people, and entrepreneurs, which we held on the Gold Coast in March. As I spoke to many of the attendees from previous years, I was blown away and humbled by the feedback as they explained how Wealth Retreat had changed the way they handle their investments, business, and in fact many aspects of their life and how it was the best event they had ever attended. So, what did they learn? That's what we're going to discuss today. Wealth Retreat 2022 Lessons This year's Wealth Retreat on the Gold Coast has now been and gone. There were 100 successful property investors, business people, and entrepreneurs in the room. And while they learned some great lessons from the world-class presenters up on stage, they also learned from the other guests over the 5 days. After all, how often do you find yourself in a room full of successful, like-minded people, that walk and talk the same language? Opportunities like this are few and far between and not to be missed. So today, I'm joined by Brett Warren, national director of Metropole who's been to Wealth Retreat over a dozen times, to see what lessons he learned, or re-learned, that he could share with 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 Shownotes plus more here: Critical investment lessons we learned at Wealth Retreat 2022 with Brett Warren

Negotiating is a part of living; we do it all the time. When you walk down a crowded street, you negotiate the path you take. A couple negotiates their relationship before and during the marriage. And of course, negotiation is one of the skills developed by all savvy property investors and businesspeople. Over the years, I've noticed that some people are very good at getting terrific deals. Most others simply get what the other party is willing to give. What's the difference? In my mind, it's that the first group knows how to negotiate. It's more than that; they know how to influence and persuade others to do what they want. So today, I discuss the topic of negotiation, influence, and persuasion with Mark Creedon, founder and CEO of Metropole's Business Accelerator Mastermind. 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 a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Top negotiation tactics you must learn to succeed, with Mark Creedon