In today’s show Ken Raiss and I are talking about ownership structures. How you set things up can have lasting impacts on not only your asset protection but also your tax liabilities and your flexibility to grow in the future. And in particular the various ownership structures available for those interested in property development and in particular successful business ownership structures, Today’s topic might not be the most glamorous but is unequivocally crucial for anyone invested in property investment or running a business. Get ready to harness the power of well-thought-out structures, learn how they can shield your assets, reduce tax liabilities, and pave the way for prolific growth. Links and Resources: 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 Why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Get your bundle of E-books and resources as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here: Building Wealth: Ken Raiss Unveils Optimal Structures for Property Development and Business Growth

Today's episode is something a little different but it’s a special one. I recently had the privilege of joining Felicity and Candice from the "Talk Money to Me" podcast and it was a fantastic conversation. Today I’m going to replay that interview for you. In our chat, I dive deep into the current state of the property market and given the challenges many property investors are facing now, hopefully, by answering Candice and Felicity’s questions, I’ll also be answering some of your questions. 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 Felicity Thomas and Candice Bourke are Senior Private Wealth Advisers at Shaw and Partners Check out their range of services here Follow their Talk Money to Me Podcast here Shownotes plus more here: An Insider’s Guide to Property Investing, Felicity and Candice from “Talk Money To Me Podcast” grill Michael Yardney

Welcome to this month’s Big Picture episode of the Michael Yardney Podcast, where Pete Wargent and I dissect the multitude of macro-economic factors currently shaping our housing markets and the broader economy. We analyze the recent interest rate hike by the Reserve Bank and dissect its ramifications on the housing markets and the broader economic landscape in Australia against the backdrop of the global economic squeeze created by two major wars. Whether you're an investor, a homeowner, or just a curious mind, this monthly deep dive promises to keep you informed and ahead of the curve. We’ll also explore future trends in the property market, considering factors like population growth, urban living allure, and the demand for medium-density dwellings. Pete and I also discuss the announcements from major banks and financial firms about bonuses linked to office attendance. 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 daily blog Shownotes plus more here: Our no-nonsense Big Picture Podcast about the economy and property markets with Pete Wargent

If you've ever wondered about the future of our housing markets and the prospects for property investment in Australia, or you're curious about how post-pandemic life is going to shape our cities, then today's episode is one you cannot afford to miss. I’m joined by Lailani Burra, CEO of. Id, who offers an eye-opening perspective on Australia's future property investment, urban planning, and lifestyle in the next 25 years. Lailani’s team has just dropped a bombshell of a report that's going to shake up how we think about investing, living, and planning for the next 25 years. We're talking 7.4 million more Australians, two million new homes, and a seismic shift back to urban living—all by 2041. Her report gives us the inside track on how Australia’s future will unfold. Get ready to take a deep dive into what Australia will look like for decades to come. Links and Resources: Michael Yardney Lailani Burra- CEO .id Informed Decisions Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get your free eBooks and reports at: www.PodcastBonus.com.au Shownotes plus more here: The Future of Australian Cities: how 7.4 million Australians will reshape our urban future with Lailani Burra

A property’s value is typically divided into two components: the land value and the value of any improvements, such as the dwelling. Conventionally, land tends to appreciate over time, while buildings are said to depreciate as they get older and suffer more wear and tear. However, the rise in construction costs poses an interesting question: what impact do rising construction costs have? In today’s episode, Stuart Wemyss and I discuss the ramifications of soaring construction costs on property investment. We cover the challenging landscape of the property market, focusing on aspects like renovations, investment locations, and the power of a positive mindset. From analyzing historical trends of construction costs outpacing inflation to discussing strategies for creating intergenerational wealth, Stuart’s insights provide an in-depth exploration of property investment in the face of rising construction costs. 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: How should rising construction costs impact your property investment decisions? With Stuart Wemyss

Have you wondered how you could turn your passive property investments into a thriving, active portfolio? Most property investors adopt a buy-and-hold approach, but some are looking to become more active and get involved in property renovations or small developments. In today’s I’m chatting with Greg Hankinson, director of Metropole Constructions, a seasoned player in the construction industry, who has over a thousand property renovations and 300 homes to his credit. Greg offers his insights into the world of property renovations and development and shares his expertise on adding value to investments, the potential risks, and the benefits of investing in property renovations. Whether you're an experienced investor or just starting out, this episode will give you some insights into becoming a more active property investor. Links and Resources: Michael Yardney Why not chat with Greg Hankinson – Director Metropole Constructions – please leave your details here Get the team at Metropole to help build you become an armchair property developer – find out more here. Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: A Builder’s take on the Do’s and Don’ts of property renovations & townhouse developments. With Greg Hankinson

It’s taken 200 years for Australia to reach the size we know today. Will we double that in just 60 years? It’s hard to imagine, but in this podcast episode, demographic expert Simon Kuenstenmacher explores Australia's possible population doubling in the next six decades and the impact on cities and property demand. In our chat today, we talk about the future of Australian cities, the importance of medium-density housing, and investment in Australia's changing property market. Is this growth sustainable? How do we keep our lifestyle standards in the face of these changes? And if you're interested in property investment these trends will be essential for you to understand. 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 Simon Kuestenmacher - Director of The Demographics Group Shownotes plus ore here: Reshaping Australian Cities for a Sustainable Future with Simon Kuestenmacher

While many Australians are keen to invest in property to secure their financial future, the statistics clearly show that most investors fail to achieve their goals. That may be because of the many market myths and misconceptions that mislead even seasoned investors. In today’s show Brett Warren, the National Director of Metropole Property Strategists, and I will debunk 19 common misconceptions and myths about property investment. By the end of the episode, you’ll have gained valuable insights into the Australian residential real estate market, strategic long-term planning, and the critical role of financial buffers. 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: MythBusters: Debunking 19 Investment Myths You Thought Were True with Brett Warren

While you are probably here to learn about property investment, finance, or money, today I’ve got something a little different but exciting in store for you. If you're an entrepreneur, investor, or anyone charting their path towards personal growth and success, this episode is an absolute must-listen. You've probably heard the name Seth Godin—a best-selling author and a guy who genuinely understands the mechanics of personal and business success. In this episode, Mark Creedon and I will do an in-depth exploration of Seth Godin's 14 game-changing ideas. One of the reasons Seth Godin's ideas resonate so well is that they challenge traditional thinking. They push us to question the status quo and consider how we can be not just different, but better—better investors, better businesspeople, better individuals. 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 Mastermind Business Accelerator 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 Subscribe to Mark’s Mastermind for Business Podcast here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Seth Godin’s Wisdom: A Roadmap for Property Investors and Entrepreneurs with Mark Creedon

We've all heard about booms and busts, bubbles, and sudden market shifts. But what if I told you that these aren't just random occurrences? What if these market dynamics are a manifestation of our inherent psychological biases, fears, and desires? What if the property market isn't a perfect, rational machine but a complex, living organism driven by the collective emotions of those who participate in it? In this episode, we'll explore the fascinating intersection of psychology and economics. Let’s unpack how our emotions, cognitive biases, and herd mentality can influence the property market, leading to irrational decisions and potential market overcorrection. The Hidden Forces Behind Australia's Housing Markets The interplay of human psychology, emotions, and inherent biases greatly influences the ebb and flow of the property market. As we journey into the fascinating world of real estate investing, understanding these psychological underpinnings is vital in making informed and rational decisions. Whether you're a seasoned investor or a first-time homeowner, this episode explores the intriguing connection between human behavior and real estate market dynamics. In the realm of real estate investment, emotions such as fear, greed, overconfidence, and wishful thinking play a significant role. They influence the way we approach and respond to market trends, and often lead to market overcorrections and irrational decisions. Property investing is not just about numbers and facts. It's also about understanding human emotions and behaviors and how they shape market dynamics. By gaining insights into these psychological factors, you can navigate the property market more effectively, make rational decisions, and ultimately, turn market imperfections to your advantage. ●       The interaction between psychology and economics in real estate markets ●       The cycles of the property market and how long they last ●       The psychological underpinnings of fear, greed, overconfidence, and wishful thinking in property market dynamics ●       The perils of cognitive biases in property market investment ●       The role of emotions, herd mentality, and inherent biases in irrational decision-making ●       The importance of an independent property strategist in sticking to investment plans ●       The emotional rollercoaster investors experience throughout the market cycle ●       The imperfections in the property market, including unequal access to information, the unique nature of every property, and barriers to entering or exiting the market ●       Insights on how to navigate market imperfections to spot overlooked opportunities ●       Emphasis on the importance of maintaining a long-term perspective, diversification, and having an experienced team in successful property investment The Cognitive Biases that Impact Investment Decisions: ●       Confirmation Bias: Seeking information that confirms your existing beliefs. ●       Recency Bias: Placing undue importance on recent events. ●       Herd Behaviour: Follow the crowd; doing what everyone else is doing, particularly in times of uncertainty. ●       Emotional Investing: Allowing emotions to play a crucial role in investment decisions rather than relying on rational analysis. ●       Greed and Fear: Greed can drive investors to take on too much risk during a boom while fear can lead to overly conservative investment choices in a downturn. ●       Overreaction: Markets tend to overreact to news and events, resulting in price fluctuations. Investors who are aware of this tendency can sometimes capitalize on these irrational movements. By understanding the human emotional landscape and how it impacts real estate markets, listeners can equip themselves to make better investment decisions and take advantage of market imperfections. Links and Resources: 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 Geta. copy of my best-selling book: How to grow a multimillion dollar property portfolio – in your spare time. Some of our favorite quotes from the show:  “You see as individuals, we're not rational. Well, we're not rational when it comes to money and investing.” – Michael Yardney “What I'm saying is that investors, in general, have cyclical emotions over the couple of years of the property cycle.” – Michael Yardney “But on the other side of that challenge, on the other side of that difficulty, that's where the reward lives, and those that battle through the challenges get to reap the rewards.” – 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

Australia's housing market continues to defy expectations. Do you remember when commentators tried to scare us about mortgage stress, a fixed mortgage rate cliff, and even a recession? Yet despite the challenges thrown at them, property values in our combined capitals have kept rising, even if they’ve slowed down over the last few months. This resilience has sparked a shift towards a landlord's market with Australians moving house less often. Today’s episode features Dr. Nicola Powell, Domain's Chief of Research in Economics, and our conversation will help prospective homebuyers, seasoned investors, and other curious listeners understand some interesting trends. Links and Resources: 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 Domain’s Rental report Domain’s Tenure Report Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Unravelling Domain’s Latest Housing Reports: Insights from Dr. Nicola Powell

In today's question-and-answer episode, I’m joined by Ken Raiss, director of Metropole Wealth Advisory to answer questions posed by our listeners.  Together, we dive into the world of property investment and development, discussing the various financial and legal implications of property joint ventures and the benefits of setting up self-managed super funds. Ken shares valuable advice on property investment structures, tax planning, and strategies to avoid costly mistakes. Links and Resources: 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 Why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Get your bundle of E-books and resources as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here: Smarter, Not Harder: Advanced Tax Strategies for Savvy Investors with Ken Raiss

Welcome to this month’s Big Picture episode of the Michael Yardney Podcast, where financial analyst Pete Wargent and I dissect the macroeconomic factors currently shaping our housing markets and the broader economy. Today we cover a broad spectrum of topics from the effects of policies and taxes on the real estate market to the state of distressed listings and the fears surrounding a 'mortgage cliff'. Whether you're an investor, a homeowner, or just a curious mind, this monthly deep-dive promises to keep you informed and ahead of the curve. 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 blog Shownotes plus more here: Confused about the economy and our property markets? Big Picture Podcast with Pete Wargent

We're living in a world where words often fail us, where what's unspoken sometimes matters more than what's said. In the intricate dance of business and negotiation, understanding body language can be an exceptional advantage. It can help you read situations accurately, handle conflicts effectively, and build genuine relationships. My guest today is Allan Pease, a globally recognized expert in body language, who has spent decades studying, analyzing, and teaching the delicate art of non-verbal communication. Allan is not just an expert, he's a sought-after consultant, a best-selling author, and an engaging speaker who has transformed the lives of thousands by unlocking the secrets hidden in our gestures, expressions, and subtle movements. Pease is renowned for decoding the secrets of body language and using it to gain a competitive edge in business negotiations, property deals, and personal relationships. Imagine having the power to read situations accurately, manage conflicts, and navigate complex conversations - all through understanding non-verbal cues. So, our chat today will be valuable for you not just in property negotiations but in business, in your job, and in your personal life. We're going to delve deep into the world of non-verbal cues, what they mean, and how you can use them to your advantage. Understanding Body Language with Allan Pease In our conversation, Alan provides a deep dive into the secrets of non-verbal communication, discussing the power of body language in different scenarios such as business, negotiations, and personal relationships. He also highlights the impact of gender differences in communication and the shift in communication dynamics in the wake of the pandemic. From discussing video call etiquette to the role of goal setting in achieving financial success, Alan’s practical advice will enrich your professional and personal life. ●       How Alan got started in body language ●       How understanding body language can provide a competitive edge in different situations, including o   Business deals o   Property negotiations o   Personal relationships ●       Gender differences in communication and how they impact various situations ●       Awareness of non-verbal cues, particularly in a digital age where face-to-face interaction is often replaced by video calls ●       The impact of the pandemic on communication ●       Video call etiquette and appropriate dressing in digital communication o   Where to keep your hands when you’re on video o   Practical tips on how to appear confident and convincing in video calls ●       Importance of clear communication and goal setting for financial success ●       The Reticular Activating System (RAS) and how it can help in achieving goals ●       The importance of listening more and talking less to improve communication effectiveness By understanding and mastering non-verbal communication, you can enhance your professional and personal life and set yourself on the path to success. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Allan Pease Allan & Barbara Pease’s Mastering Body Language Course Get a bundle of eBooks and reports – www.PodcastBonus.com.au Some of our favorite quotes from the show: “We are all different and that's good, and it's actually good that we're recognizing we're all different and equal in certain ways, but different, that's fine.” – Michael Yardney “You're negotiating continuously with your wife, who takes out the rubbish at night, what TV show you're watching. You're negotiating continuously with your kids. You've got to do these chores before you do the homework.” – Michael Yardney “You can't keep doing the things you've done before. You've got to learn, you've got to improve, you've got to grow every day.” – 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

Is it better to invest in a house or an apartment? That’s an age-old question, but not one easy to answer. In fact, a few things have happened over the last few years that have caused investors to increasingly shy away from investing in apartments. So today, I'm going to discuss this topic with Brett Warren, national director of Metropole, and even if you're not considering investing in an apartment, I hope our general discussion about what makes a good investment property and what to avoid will help you no matter where you are on your investment journey. 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: Investment Face-Off: Apartments vs. Houses, Who Wins in Today’s Market? With Brett Warren

What will Australia look like in 40 years’ time? Treasurer Jim Chalmers handed down the latest Intergenerational Report a short while ago. This report from the federal government predicts what the country will look like in 40 years and the state of the nation’s finances. Today’s conversation with Simon Kuestenmacher revolves around the report, which predicts a population of around 41 million by 2063, with a significantly older demographic due to increased life expectancy. Simon and I discuss what the report has to say about our future and whether or not to believe everything in it. Listen as we cover future trends in migration, technology and innovation, and mining. Whether you're a property investor, business owner, or an employee, it’s important to understand what’s ahead for our country. 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 Simon Kuestenmacher – Director, The Demographics Group Shownotes plus more here: What Australia Will Look Like in 40 Years & Why You Should Care, with Simon Kuestenmacher

Does money really buy happiness? Is there a clear relationship between money and happiness? To shed light on this age-old question, today I have a chat with Mark Creedon, founder of Mastermind Business Accelerator and CEO of the Metropole Group to decipher the enigma of happiness, money, investment and success. 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 Mastermind Business Accelerator 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. Subscribe to Mark’s Mastermind for Business Podcast here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Banknotes and Bliss: Does Money Really Buy Happiness? With Mark Creedon

We often ponder the habits that pave the path to success and wealth. But have you ever considered the habits that do the exact opposite? What are the behaviours and patterns that lead to financial struggles and life dissatisfaction? In this episode, I talk to wealth creation expert Tom Corley  to help you avoid the 7 deadly habits that prevent you from becoming wealthy. Links and Resources: 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 Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Here’s how to avoid the 7 Deadly Habits that Prevent Wealth with Tom Corley

Imagine you're standing on the doorstep of your next potential investment. The façade looks great, and the price seems right, but what's lurking beneath? What questions should you be asking to ensure this property doesn't just look good, but will also deliver the returns you're after? Whether it's your first investment or your fiftieth, the right questions can mean the difference between a gold mine and a money pit. In today’s podcast, Brett Warren and I will discuss the intricate world of property investment, underlining the importance of thorough research, financial planning, and maintaining a logical approach when investing in a property. We also delve into the financial aspects of property investment, discussing cash flow, financing, and the importance of having a financial buffer. Essential Tips and Strategies for Navigating Property Investment Our discussion today covers the critical questions every property investor should answer before making a purchase, the importance of understanding location, and the significance of planning and financial preparedness. The 10 Questions to Secure Property Investment Success Does this property fit into my long-term strategy? If you don’t have a plan in place, you’re not ready to buy your next investment property Is this an investment-grade property? Not all properties make good investments. In my mind, less than 4% of the properties on the market currently are what I call “investment grade.” What is the property worth? Even two houses, side by side in the same street, could be valued differently because of their individual attributes. To determine how much a property is worth you need to check all the recent comparable sales and the property’s intrinsic value and then also determine the following 3 figures:                                                               i.      What price do I want to pay for the property?                                                             ii.      What do I consider the market value to be?                                                           iii.      What price am I prepared to pay and when am I prepared to walk away? Where am I getting my data, information, facts, and figures from? It is very important to understand what has driven the data you’re using to make your decisions because not all data is reliable or meaningful. Do I have my finance pre-approved? Finance is the leveraging tool to help you get into the property, and property will be the vehicle that will create your long-term wealth. So, it is important to have a finance strategy part of which is a finance pre-approval. Do I have a solid finance strategy? Smart property investors use other people’s money in three ways:                                                               i.      The bank's money for leverage                                                             ii.      The tenant’s money for income                                                           iii.      The government's money for tax incentives Have I set up the right ownership structures? The right ownership structure will help you to minimize your tax, build your wealth, and manage your risk. Will my cash flow service my finance requirements? Understanding cash flow can be the difference between a solid long-term investment and a costly mistake. Am I approaching this as an investor or am I emotionally involved? When it comes to investing, however, letting your heart rule your buying decision is a huge no-no. What if my financial circumstances change The more prepared you are and the more planning you have done, the more protected your investment will be if your financial circumstances take a turn for the worse. 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 Some of our favorite quotes from the show: “Not all tenants rent because they're poor. Remember your future income is going to be dependent upon your tenants' ability to keep paying higher rent over the years.” – Michael Yardney “So actually, as an investor, you're using other people's money in three ways: the bank’s money for leverage, the tenant’s money to repay the mortgage , and the government’s money for deductions.” – Michael Yardney “So, even though we help our clients plan, we tell them to plan for their plan not to go to plan, and that's not necessarily a play on words, but it means that we also look out for risks. – 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

Australia’s rental market is in crisis. Vacancy rates are at virtually all-time lows, rental stock remains slim, and rents are skyrocketing. So how did we get into this rental crisis? And how long will it last? And what does it mean for property investors? In today’s chat, Dr. Andrew Wilson and I shed light on the causes, implications, and potential solutions to Australia's rental crisis.  Links and Resources: Michael Yardney Dr. Andrew Wilson, Chief Economist My Housing Market 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 Australia’s rental crisis isn’t going anywhere, Plus Dr. Andrew Wilson’s solution