I know a reasonably common Google search is “what is Michael Yardney’s net worth ?” In fact, a question I’m asked frequently is, “Michael, what’s your net worth?” And while I can understand that this may be of interest to some people, I’m sorry to disappoint you… I don’t answer this question with a definitive…
I’ve said it before many times, and it bears repeating once more: as a property investor, you will pay for your education. You’ll either pay for it by actively seeking to educate yourself, or by investing in courses, seminars, and mentoring programs that help you grow your wealth. Or you’ll pay for it by making…
What we saw during the Covid period was not only a decline in population growth in Australia, but we also saw a drop in the interest from people living overseas buying new property and existing homes in Australia. Ten years ago, some 17% of new homes sold to overseas buyers. This attention dropped to around…
Do you have a principal and interest home loan? Well if so, read on as this tip could save you a fortune over the years. It’s a method to best manage your home loan repayments in order to save not only interest but years on the life of a standard, variable-rate home loan. While most…
When germs attack our bodies, our immune system quickly goes into action to repel or destroy the invaders. And if all else fails, it raises our body temperature until the enemy has been destroyed. It’s very similar to how the RBA is fighting the disease of inflation with high interest rates. Using higher temperatures to…
Whether you’re a home buyer or an investor, when you’re looking for a new property there are so many things to consider. Determining the best property to buy isn’t as easy as picking the nicest-looking house in your local area. From location to school zones, demographics, and even the number on the mailbox, there are…
Throughout the annals of property history, one constant facet of asset selection has often eluded beginning investors and that is – what really pushes up the price of some housing, while other pockets languish in the ‘medians’ or are below-par performers. Often, those new to the property game think it’s all pretty black and white…
If you’re anywhere near my age (I’m going to be 50 very soon), you know you need to be investing a sizeable portion of your income. Not should be. Need to be. There are plenty of reasons for this, not least of which is the uncertainty around how much money you’ll need when you’re done working. But there’s…
Australia’s property market is facing a significant shift, with more and more investors opting to sell off their investment properties. The latest 2024 PIPA Annual Investor Sentiment Survey paints a concerning picture for the future of the rental market, with investors exiting faster than they are entering. Rising holding and compliance costs, combined with new…
If you’ve ever tried to make sense of the property market, you’ve likely found yourself staring at median house prices. It’s the statistic splashed across every news outlet, property report, and conversation around real estate. But while median prices are easy to grasp, they often fail to tell us what’s really happening on the ground,…
