Mar 30, 2022
If you've been listening to my podcasts or reading my blogs, you'll know I have a number of rules and frameworks to help my property investing. By having these it takes the emotion out of investing and makes the results more predictable, but what's the most important golden rule of property investing?
That's a question I'm going to ask today of leading financial advisor Stuart Weymss, who's written a book about the golden rules of investing so let's see which rules have stood the test of time.
The Golden Rules of Property Investing
What's the most important factor in your property investment success?
Well according to leading independent financial advisor Stuart Wemyss the most important rule is the quality of your assets.
But what does this really mean and can really be as simple as that?
Well also discuss playing the long game.
Links and Resources:
Stuart’s Book – Rules of the Lending Game & Investopoly
Shownotes plus more here: Is this the most important Golden Rule of property investing? With Stuart Wemyss
Some of our favorite quotes from the show:
“Of the properties on the market at the moment, in my mind, there’s probably less than 5% that I would class as investment-grade.” – Michael Yardney
“Even when you buy a home, for most people it’s not their final home. It’s not their forever home, so they should still think like an investor.” – Michael Yardney
“Enjoy the journey, because if you don’t enjoy the journey, you’re not going to appreciate the destination when you get there.” – Michael Yardney
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