[PODACAST] 40 property investment lessons I learned in the last 4 decades

Hindsight is a wonderful thing, isn’t it?

Let me ask you a question… with the benefit of hindsight and knowing what you know now, if you had the opportunity to do so, would you have bought an investment property 40 years ago?

I bet your answer would be yes, realising that the median property price in Sydney was $68,500 back then and that you could have bought a median-priced property in Melbourne for just $40,000.

So today I share 40 valuable lessons learned from over five decades of property investment.

Takeaways

• Hindsight's a wonderful thing, isn't it?
• Successful investors have a long-term strategy.
• Don't do what most property investors do.
• The biggest risk is not doing anything.
• Location will do 80% of the heavy lifting.
• Don't rely on the media for your investment strategies.
• A change in your thinking will lead to a change in your life.
• You improve at what you practice intentionally.
• Time spent worrying is time that you could spend identifying opportunities.
• Never give up, you need resilience.

Links and Resources:

Michael Yardney

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