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Michael Yardney Podcast

Insightful, educational and always interesting

Listen and learn from Michael Yardney, Australia’s most trusted property commentator and a group of experts as they discuss Property Investment, Success, Money and Finance to help you multiply your wealth.
While Michael is best known as a property expert, he is also Australia’s leading authority in the psychology of success and wealth creation. You’ll enjoy the way he challenges traditional finance advice with innovative ideas on real estate investing, personal finance and wealth creation. 
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  1. All Episodes
  2. 008: Q&A Day – Answers to your property investment questions Mindset Moment – 4 Quotes from Richard Branson

Sep 18, 2017

Today, I am handing over the show to you, the listener, as I answer your questions about property investment.

I talk about how to acquire multiple properties in today’s tight lending environment, market timing, and pros and cons of cash flow versus capital growth in properties.

In my mindset moment, I am going to share with you four quotes from Richard Branson that have inspired me and just might inspire you too.  

Today’s discussion includes:

  • The importance of timing (or not) when investing in real estate
  • How to grow a 10 property portfolio in the current finance market.
  • The pro's and cons of cash flow positive properties
  • The importance of buying “investment grade” properties
  • The 3 big drivers of property values: People (household formation), Purchasing Power, and Supply & Demand
  • My “top down” approach to property investing
  • How the best time to buy is when you are ready to buy
  • The size of your asset base and its performance is more important than the number of properties you own
  • While growing your asset base takes a few decades having the right mentors can help shortcut the process

Mindset Message: Four Quotes from Richard Branson

  1. “Don’t be embarrassed by your failures. Learn from them and start again.”
  2. “Criticism is a poor reflection on the one who criticizes.”
  3. “True success should be measured by how happy you are.”
  4. “Find something that you enjoy and have fun doing.”

Links and resources:

 

Quotes:

“Look for locations within capital cities where people have a higher disposable income.” Michael Yardney

“Buy when you can afford to buy, and when you are ready to buy.” Michael Yardney

“It takes the average property investor 30 years to become financially independent.” Michael Yardney

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