What does it take to become a successful investor?
You know, one that builds a large property portfolio rather than selling up over the first few years like happens to about half of those who get involved in property.
What does it take to be part of the 1% of property investors who build a portfolio of six or more properties?
Now that was a question asked of me recently by Aaron Christie-Davies for his Australian Property Investor Podcast and I think I know the answer to this because an audit of our clients at Metropole showed that they are 7.3 times more likely to own 6 or more properties than the average Australian property investor
I believe Aaron elicited some great insights from me by asking the right type of questions, so I asked for permission to replay his interview with me audience of my podcast.
So, whether you are beginning the property game or well on your way to being in the top 1% of investors, I’m sure you’ll get some benefit.
Topics I discussed with Aaron Christie Davies
- The value of giving
- How Michael’s property investment journey started
- Michael’s beliefs on time in the market vs. timing the market
- Michael’s process for building his portfolio
- Michael’s business, Metropole, and how it unfolded
- What happens when portfolios lose their momentum
- How Metropole helps clients reach the next level
- The message of rich habits and poor habits and why it’s important
- The importance of a good team and a strategy
Links and Resources:
Aaron Christie- David - Atelier Wealth – Australian Property Investment Podcast
Get a bundle of free eBooks and reports at www.PodcastBonus.com.au
Some of our favorite quotes from the show:
“I didn’t start off knowing what I wanted, I didn’t have a plan, I didn’t have a strategy, other than I knew I wanted to be rich and I wanted to be like those other, wealthy property owners.” – Michael Yardney
“You can get to a particular level, but not many people get to the next level.” – Michael Yardney
“So, the difference between the rich and the wealthy is the wealthy don’t have to worry about money while the rich do.” – Michael Yardney
PLEASE LEAVE US A REVIEW
Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.