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How to Avoid Common Investor Mistakes – Overview [Video]

The more you know about the most common mistakes that investors make, the better your likelihood of building lasting wealth.

In this series of short 3 minute videos, Kevin Turner and I discuss the common mistakes I’ve seen investors make.

Unfortunately we know most property investors fail.

20% of those who get into property investment sell up in the first year and around 50% have sold there investment property within 5 years.

Of those who stay in the game less than 10% own more than 2 properties and 1 in 200 own six or more properties

So let’s start this video series with a big picture overview of where property investors get it wrong…

 Watch out for the next in this series tomorrow

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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'How to Avoid Common Investor Mistakes – Overview [Video]' have 2 comments

  1. Avatar for Property Update

    March 31, 2015 @ 12:22 pm Hamish

    Hi Michael
    thanks for this concise summary. I would be interested to understand (if you are willing to share) how geographically diversified your property holdings are? Do you own in various parts of Melbourne (within a certain radius of the CBD)? Do you own property in other states?

    Looking forward to your seminar on the 11th of April!
    regards
    Hamish

    Reply

    • Avatar for Property Update

      March 31, 2015 @ 3:54 pm Michael Yardney

      Hamish
      my portfolio is diversified over commercial, industrial, retail and residential. However it is not very diversified over suburbs – I still to a few suburbs that outperfrom

      Reply


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