Michael Yardney
Michael Yardney is a director of Metropole Property Strategists, which creates wealth for its clients through independent, unbiased property advice and advocacy. He is a best-selling author, one of Australia’s leading experts in wealth creation through property and writes the Property Update blog.
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If the last few years has taught investors anything it is to expect the unexpected.
That’s why I suggest you should prepare for the worst, while hoping for the best. In other words, maximise your upside while at the same time covering your downside
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Your property’s location will do 80 per cent of the heavy lifting and then choosing the right property in that location will account for about 20 per cent of it’s performance.
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As with any investment, real estate has its good, bad and average performing assets and if you’re not careful, you could easily end up with a property investment lemon.
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If you're looking to get into property or move up to the next rung of the property ladder, here are some words of advice.
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A recent survey by the Property Investment Professionals of Australia (P.I.P.A) revealed the many and varied sources investors consult for advice, but since most property investors fail to achieve the financial freedom they deserve, and with less than 8% ever owning more than 2 properties, a better question to ask would be…
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Unless you’ve come into a financial windfall of some kind, building an investment property portfolio capable of one day funding your retirement will require borrowed funds.
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