Expert Advice with Michael Yardney. 16/08/2017

Welcome to episode two of the Michael Yardney podcast.

Today, I’m going to discuss three things. One of them is a very common thing I get asked.

1.       Is it too late to get involved in property investment at this stage of the cycle?

2.       Difficulty getting finance from the banks

3.       A lesson that changed my way of thinking about all sorts of things not just property investment.

Listen to the podcast now:-

Today’s discussion includes:   

•         What other factors to consider with investing besides timing

•         Countercyclical investing

•         It’s not the external world that determines if you make money, it is something inside

•         If you are waiting for the perfect time to invest, the timing will never be perfect for you.

•         Buying properties when everyone tells you not to

•         You are not buying the market, you are buying an individual property within that market.

•         Maximize your profits in the upturns while being prepared for the next downturn

•         Why it takes the average investor 30 years to become financially independent

•         Sometimes the right thing to do is nothing.

•         Buying one property each year is unrealistic.

Mindset Message: Don’t Wish It Were Easier Wish You Were Better  

•         When life happens we can choose to be the victim or the victor. We have to be able to face a changing landscape daily.

•         Our mindset and our passion for improvement every day through consistent action will set us apart from the average person.


Links and resources:  

•         Michael Yardney

•         Metropole

•         A Tale of Two Cities

•         Jim Rohn



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. In addition to the Property Investment Success & Money Podcast, he also writes the Property Update blog.

To hear more podcasts and read more articles by Michael Yardney, click here

Disclaimer: while due care is taken, the viewpoints expressed by contributors do not necessarily reflect the opinions of Your Investment Property.