Property Investment, Success & Money | The Michael Yardney Podcast

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