100 episodes

Are you looking for financial freedom or more choices in life? You're in the right place. Each week Michael Yardney shares smart property investment strategies as well as the success and personal finance secrets of the rich, in 20 minutes or less.
While Michael is best known as a property expert, he is also Australia's leading experts in the psychology of success and wealth creation and a #1 best selling author of 8 books. He frequently challenges traditional finance advice with innovative ideas on real estate investing, personal finance and wealth creation.
His wisdom stems from his personal experience and from mentoring over 2,000 business people, investors and entrepreneurs over the last decade.
Michael's message will be priceless regardless of the size of your investment portfolio - whether you're just starting out or an experienced investor wanting to move to the next level, he will provide you a roadmap for real estate investing and financial success.
http://MichaelYardneyPodcast.com

The Michael Yardney Podcast Michael Yardney; Australia's authority in wealth creation through property

    • Investing
    • 4.7, 339 Ratings

Are you looking for financial freedom or more choices in life? You're in the right place. Each week Michael Yardney shares smart property investment strategies as well as the success and personal finance secrets of the rich, in 20 minutes or less.
While Michael is best known as a property expert, he is also Australia's leading experts in the psychology of success and wealth creation and a #1 best selling author of 8 books. He frequently challenges traditional finance advice with innovative ideas on real estate investing, personal finance and wealth creation.
His wisdom stems from his personal experience and from mentoring over 2,000 business people, investors and entrepreneurs over the last decade.
Michael's message will be priceless regardless of the size of your investment portfolio - whether you're just starting out or an experienced investor wanting to move to the next level, he will provide you a roadmap for real estate investing and financial success.
http://MichaelYardneyPodcast.com

    7 Australian demographic trends investors and businesspeople must understand

    7 Australian demographic trends investors and businesspeople must understand

    How important is assessing demographics in building your property portfolio or planning your business or personal ventures? 
    If you don’t pay attention you could be missing the key to building long-term wealth in a way that minimizes your risks. 
    In today’s episode of Michael Yardney podcast, I chat with Simon Kuestenmacher, and we’re going to talk about 7 macro / big picture demographic trends. 
    So, at the end of the episode, you’ll have a better big picture macro view of what the demographic trends in Australia are. 
    Highlights from my conversation with Simon:
    Over half of Australia’s wealth is in housing, so the housing market underpins Australia’s wealth The property market itself isn’t in trouble However, the Australian middle class has been hollowed out, and the big challenge is getting low-paid workers on the path to homeownership We may move into the right direction because of corona-inspired infrastructure programs that create middle-skill jobs Australia is the most intensely concentrated population on the planet This is because of the kinds of jobs that Australia creates A large percentage of Australians are born overseas The influx of international students to Australia has created a student boom One of six international students will become permanent residents Australia is more generationally diverse than ever before Australia may be the location of choice for companies who want to set up Asia-Pacific centers The need to build higher-quality buildings that last longer Changes in where people want to live and the kinds of accommodation they need Mixed development in the inner cities The makeup of the workforce Baby boomers are staying in the workforce longer Close to half of the workforce is Gen Y, so it’s important to understand them Links and Resources: 
    Michael Yardney
    Simon Kuestenmacher - Director of Research at The Demographics Group
    Simon’s YouTube Channel 
    In these challenging time why not get the team at Metropole to build you a personalised   Strategic Property Plan – this will help both beginning and experienced investors.
    Join us at Wealth Retreat 2020 – click here and register your interest
    Shownotes plus more here: 7 Australian demographic trends investors and business people must understand
    Some of our favourite quotes from the show:
    “I think one of the great things about our cities over the last couple of decades is the vibrancy of being in the inner city.” –Michael Yardney
    “There’s no doubt that the bulk of these generations do think very very similarly, and to be a good employer or to sell to them, to be a good businessperson, you’ve really got to understand what drives, what motivates them.” –Michael Yardney
    “Letting go of attachments makes your life richer, as you create space for new experiences to come.” –Michael Yardney
    PLEASE LEAVE US A REVIEW
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    • 50 min
    10 Important Lessons You Can Learn From a 6-Year-Old | Build a Business, Not a Job Podcast

    10 Important Lessons You Can Learn From a 6-Year-Old | Build a Business, Not a Job Podcast

    As adults we often forget that at one point in our life we saw the world and the people around us in a much different light— we saw the world through a child’s eyes.
    As we grow up and mature, we allow life and rules to restrict some of the greatest instincts we had as children. 
    Instead of never taking no for an answer, waiting for permission, or even embracing our wildest dreams, we fall into a strict regimen we believe will keep us safe and drive us to success. 
    However sometimes it’s important to remember that to truly be effective and productive leaders, our old “childish antics” can actually do us some good.
    In fact, it turns out the children can teach us a lot about being successful in business and in life.
    In today’s episode, Mark Creedon and I discuss ten things we each learned from our grandchildren that can help us in business.
    Here are ten things Mark learned from a chat with one of his grandchildren, which I think can help us all in business, success and life in general:
    The importance of budgeting Iziah told me if he had $100 he would save half and spend half. He wanted to save half for the future and to have some money put away but he also wanted to enjoy his newfound 'wealth' a little.
    Follow your passion I asked him what he wanted to do when he grew up. "Be a vet" he replied. Because he wanted to help animals, he loves animals and he knows that what vets do. Understanding why you do what you do is a fundamental concept we all should get our head around.
    It is important to play I asked him what grown-ups should do other than work. "Play" was his response. Recent research from Psychiatrists from John Hopkins University have compared play to oxygen. Taking time to play feeds dopamine into a whole bunch of areas of the brain. 
    Ask "Why" a lot Sometimes as adults we stop asking questions. Once we stop asking questions, stop enquiring we can fall into resignation. The end result of that is that we can miss opportunities because we didn't scratch the surface and look at why something is happening or why it might.
    Of course, the other issue about us stopping asking questions is we may also miss the opportunity to, learn from mistakes and so we may very well keep making them.
    Family is more important than money The point is that there has to be a bigger goal than just money. Money is a great tool and life can be pretty tough without it, but we have to know why we want that money.
    Family is more than just your household When I asked Iziah who his family was it was much more than just his Mum, Dad, and brother. he cited his aunts and uncles, grandparents, cousins. The point is to consider who your family is, keep it as wide as possible and make sure you are looking after and keeping connected with all of your 'family'.
    Don't keep secrets Families don't keep secrets from each other, Iziah told me. There is a great lesson here. By being brutally honest with our business family, we are more likely to have them join us wholeheartedly on the journey.
    Schedule time for fun We mentioned before about the importance of play but life can get in the way. Iziah has an arrangement with his Mum and dad that schedules time in the day for uninterrupted play. That way he knows it will happen and Mum and Dad know nothing will get in the way.
    It is like anything in life, business. If all we do is put it on a 'to do' list there is a good chance it will get missed or overtaken by other priorities. Schedule it in your calendar and treat it the same as any important appointment.
    Always Learn My grandson goes to school, he reads, he loves learning. That is something we should never stop doing.
    Get back up and believe in yourself I asked Iziah what happens when he falls off his bike. "I get up, get Mum and Dad to give me a hug and get back on the bike," he told me.
    We all know that what c

    • 30 min
    Property forecasts - which are useful and which to ignore, with John Lindeman

    Property forecasts - which are useful and which to ignore, with John Lindeman

    Much of the Australian economy is being kept on temporary life support either by federal government schemes or through bank relief. 
    These assistance measures are slated to end after 6 months, but clearly the coronavirus crisis won’t be over by then, and unemployment probably won’t return to normal levels for a few years. 
    People are wondering what’s going to happen to house prices, unemployment, and our economy once these protections are taken away, and there are lots of forecasts coming up. 
    That’s one of the things I want to talk to John Lindeman about today. 
    Many of the upcoming predictions are bound to be wrong, so we’re going to have a chat about what you should be looking for when you’re looking at forecasts, and he’s also going to share a great analogy with you about a plane flight and our property markets to help you understand where we are in the market at the moment, and how to pick the turning points. 
    And then, in my mindset moment, I’m going to show you 11 ways to fail. You may not want to fail but knowing how to fail can actually help you to succeed in life.
    Highlights from my chat with John Lindeman
    How predictions often combine different types of property together Predictions tend to lump different types of housing together, like apartments and houses They also combine large geographic areas, when in actuality, coastal areas, outer suburbs, and inner rings of cities may perform very differently. Predictions that lump too many different factors, geographic areas, or types of housing together are largely useless The difference between expectations and predictions Expectations are based on knowledge of what has happened in the past and extrapolating from that what will likely happen in the future Predictions are more specifically aimed and therefore less likely to be accurate How to time the turnaround Signs that things are starting to look up. 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
    John Lindeman – Lindeman Reports
    Join us at Wealth Retreat 2020 in November
    Shownotes plus more: Property forecasts - which are useful and which to ignore, with John Lindeman
    Some of our favourite quotes from the show:
    “I see a big difference between an expectation and a forecast.” – Michael Yardney
    “Those who are happy and successful don’t necessarily have a more blessed or lucky life than the other mob.” – Michael Yardney
    “Cynicism requires a lot less work than belief in something.” – 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

    • 36 min
    Chicken Soup for Your Soul will get you through these challenging times with Mark Victor Hansen

    Chicken Soup for Your Soul will get you through these challenging times with Mark Victor Hansen

    If you’re like the most listeners to the Michael Yardney podcast you are here to learn about success, money and property investment. 
    Well you’re in for a treat today because I’m going to be chatting with Mark Victor Hanson who has inspired over 1 billion people through his books that have been translated into 54 languages.
    I know he inspired me when I first read his chicken soup for the soul series of books, but then I went on to read his books related to entrepreneurship and property and they came at the right time in my life when I needed them.
    I know currently a lot of people are feeling challenged by what’s going on in the world around them, so I hope Mark words of inspiration will come at the right time of your life, just like they came at the right time in my life.
    He got a powerful message to share with you and it’s more than his normal message about the principles of perseverance, excellence and believe in oneself.
    It’s a message for everybody in these challenging times so I’m proud to have a chat with one of the worlds most respected thought leaders who is known globally is the ambassador of possibility. 
    Mark Victor Hansen is probably best known as “that Chicken Soup for the Soul guy” and has sold over 500 million Chicken Soup for the Soul books worldwide.  
    But there’s a lot more to Mark than that.
    For more than 44 years, he has focused on helping people and organizations reshape their personal vision of what’s possible. He’s been featured by Oprah, CNN, and The Today Show… just to name a few.
    We discuss:
    How Mark is handling Covid-19
    Don’t wait until everything is right. It will never be perfect. 
    There will always be challenges obstacles and less than perfect conditions so get started now.
    Life isn’t meant to be easy - make the most of life’s challenges. If you can’t change the situation you can change your response.
    The importance of adaption
    Charles Darwin, famously taught the principle of Survival of the Fittest which said: “It’s not the strongest of the species that survives, nor the most intelligent that survives. It’s the one that most adaptable to change. 
    Today the world is changing at a most amazing pace, so it’s important to keep up and adapt.
    Your destiny
    Mark believes each of us has a destiny and it’s our job to find it. 
    He explains how we go about doing that.
    We should ask for more
    Mark teaches us to ask for more, explaining that the world responds to those who ask. 
    Most people in this world, however, find themselves in settled lives, never really achieving or receiving what they hold in their dreams . . . because they just never ask.
    You get whatever you expect to get. The only question is, what do you want?
    Do you know clearly what you want you wake up every morning excited about 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
    Join Mark Victor Hansen at a free livestream in Australia on Sunday 26th July at 10.00 -  mesiti.com/chickensoup
    Some of our favourite quotes from the show:
    “If you do things the same way you always done, you’ll get the same outcome. In order to change your outcomes, you’ve got to do things differently.” – Mark Victor Hansen
    “If you keep believing what you have been believing, then you’ll keep achieving what you’ve been achieving.” -  Mark Victor Hansen
    “The size of your thinking determines the size of your results. Life is about thinking big to play big and achieve big. The future has extraordinary opportunities that are scaling beyond anything ever previously imagined and each of us gets to participate actively as you control your mind power.”  -  Mark Victor Hansen
    PLEASE LEAVE US A REVIEW
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    • 34 min
    What would a serious second wave of Coronavirus do to our property markets?

    What would a serious second wave of Coronavirus do to our property markets?

    The coronavirus pandemic has created one of the worst recessions the world has seen since the 1930’s Great Depression – but it was also shaping up to be one of the shortest.
    Australia’s economy was already showing signs of bouncing back, following a “very deep contraction” but then the threat of a second wave of coronavirus hit us.
    What would a serious second wave of coronavirus due to our economy and our property markets? That’s what I want to discuss with you today. 
    While I’m optimistic about the future, I realize that unemployment and underemployment rates are set to take years to return to pre-coronavirus levels.
    Our economy will grow more slowly this year and next, but a significant second wave of coronavirus will do some damage to our consumer confidence and slow everything down again, so I’ll explain my thoughts about this in more detail today.
    Then I’d like to share an important message from one of my mentors, Jim Rohn, that will help you give you some inspiration to work through these challenging times.
    What would a second wave of Coronavirus do to our property markets? 
    Our property markets have been remarkably resilient so far, but how would a significant second wave of coronavirus affect our housing markets?
    Well…If we look back there are a few lessons we can learn to help us better understand what’s ahead.
    In spite of the Coronavirus induced economic downturn Australian property values didn’t crash as the doomsayers predicted and our economy rebounded more quickly than many expected.
    At the same time, rental relief packages have kept tenants in their homes, and mortgage support has meant that there have been very few forced sales.
    However, home buyers and sellers went on strike choosing to postpone their next move until more certainty returned to the market and this contributed to a 32.4% drop in property sales volumes over April.
    Then as social distancing measures eased and consumer confidence returned, property transaction numbers experienced a strong recovery in May and June.
    Initially, it looked like we were going to experience a deep, but short, economic recession and that our property markets would weather the storm defying the 10%-20% fall in values some had predicted.
    But if Australia is hit by a significant “second wave” of coronavirus cases it would postpone the economic recovery that many economists expected in the second half of 2020.
    So what’s ahead?
    Of course, no one really knows what’s going to happen to property values, so it’s important to analyze and anticipate possibilities and probabilities.
    A significant second wave of Coronavirus and a continuing barrage of negative news in the media about our health, unemployment, and businesses going bust is likely to dampen consumer confidence further and have a negative impact on our property markets.
    But if a second wave of infection overtakes us, we can expect further government support. 
    The government and the Reserve Bank have clearly stated that they will do anything and everything they can to support our economy and minimize the impact of the coronavirus on our businesses and our economy.
    What about property values?
    If a second wave of coronavirus causes further lockdowns or more social distancing restrictions, our property markets will slow down as they did in March and April.
    Both buyers and sellers will go on strike until the picture becomes clearer.
    But like earlier this year, property values won’t plummet, because it’s unlikely that there will be a flood of properties for sale. 
    At the moment I’m seeing three levels of buyer property sentiment out there.
    The Negative Nellies who are worried that property prices are going to crash and all they can think of is doom and gloom. Those who are bunkering down, battening the hatches, and just waiting for news that this is all over.

    • 30 min
    Are there really only 3 factors that drive property price growth? With Brett Warren and Pete Wargent

    Are there really only 3 factors that drive property price growth? With Brett Warren and Pete Wargent

    What drives property price growth? Especially in this era of lower interest rates, lower inflation and lower capital growth in general?
    If you want to one day live off the fruits of your property portfolio, you’ll need to own the sort of properties that grow at wealth producing rates of return that outperform the averages. 
    Today we’re going to have two different views on the subject. 
    First, Brett Warren is going to give his thoughts and views on the subject. Then, I’m going to have a chat with Pete Wargent, who says there are only three factors that drive property price growth. 
    These two guests are probably going to end up in much the same place, but after listening to both you’ll be much more informed about how to choose an investment-grade property. 
    Demographics is the key with Brett Warren 
    Demographics is a critical factor in both property prices and the economy.
    Understanding the demographics can make the difference when it comes to choosing the right property.
    Some of the most important factors to look for include:
    Owner-occupier appeal A homeowner is unlikely to panic and sell their home at the first sign of a crisis, but an investor might.  An area with a higher percentage of homeowners than investors is likely to be more stable than an investor-heavy area. Income level Areas that are good for investing tend to attract residents who aren’t living paycheck to paycheck.  Instead, the owner-occupiers tend to have multiple income streams. Dual incomes, bonuses and commissions, side business, and income from property or shares, for example Occupation type Look for areas where people are employed in professional services such as IT, financial, and health services We have to take a step back and assess the fundamentals because the fundamentals don’t change from week to week or month to month. If you can get those right, you can make the best investment decisions.
    Don’t forget the 6-stranded approach. Look for: 
    High owner-occupier percentage Not off the plan Land-to-asset ratio What happened during a downturn Something with a twist The ability to add value 3 Factors that drive Property Price Growth with Pete Wargent
    Supply – The rate of new construction and the number of properties listed for sale  Interest Rates – The cost of borrowing       3. Population Growth – Includes factors like immigration,                  natural population growth, and interstate migration.
    Links and Resources: 
    Brett Warren - Metropole Property Strategists
    Metropole’s Strategic Property Plan – to help both beginning and experienced investors
    Pete Wargent  Next Level Wealth 
    Pete Wargent’s new book Low Rates High Returns
    Join us at Wealth Retreat in November 2020 – find out more here
    Shownotes plus more here: Are there really only 3 factors that drive property price growth? With Brett Warren and Pete Wargent
    Some of our favourite quotes from the show:
    “We’re looking for areas where people can afford to, because they’ve got higher incomes, and they’re prepared to pay to live in those areas, because of the aspirational element of those suburbs.” – Michael Yardney
    “There was a period of oversupply before, but now it’s the other way around. There’s actually the lowest level of listings available with new or established properties than there has been for a long time.” – Michael Yardney
    “The government hasn’t spent all that money and all that effort to get us across, and then let us fall over a cliff.” – 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

    • 41 min

Customer Reviews

4.7 out of 5
339 Ratings

339 Ratings

Jussinee ,

Great!

Thank you Michael. Amazing podcast!

Luke Mor ,

Michael Yardney - Property Dalai Lama

Michael Yardney is the calm voice of reason in a sea of chaos. Straight forward common sense information, up to date data to empower and educate in property investment. This guy gives back to the people and we thank him for it!
Keep up the great work.

t.brown036 ,

5 Stars!

Such an amazing podcast! I love listening to your podcast and learning new things every time. Incredible inspiring, educating and impactful. Thank you for sharing your wisdom.

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