Here’s a list of our top 17 blog articles of 2017.
These should make some great reading for you over the next few weeks.
Did you know that more than 115,000 people subscribe to my Property Update blog?
Some subscribe to the daily commentary while others get the weekly summary.
And that over the course of 2017, we’ve published thousands of articles to help investors better understand the ins and outs of property investment, success, personal finance and wealth creation strategies.
From depreciation and debt reduction to in-depth market analysis and maximising cash flow, Property Update distributes the very best insights so you can always stay ahead of the pack.
Of course, some blogs are always more popular than others depending on what is happening in the market and the economy throughout the year.
So, as 2017 winds down, I thought it would be a good idea to share the top 25 blogs of the last year so you can take another look at the stories that meant the most to our many subscribers.
WHY IS MICHAEL YARDNEY STILL WORKING?
Today I’m going to do something a little bit different; I’m going to give you some insights into what makes me tick.
Maybe you’ll learn something useful from it, maybe you won’t.
You see…
Recently a prospective client asked me:
“Michael now that your candles cost more than your birthday cake why are you still working?”
I know others have wondered:
“Is this guy really financially independent? Does he really have a substantial property portfolio?
And if so why is he sitting here across the table from me wanting to show me how I can become financially independent?”
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HOW TO GET STARTED IN PROPERTY DEVELOPMENT
I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way.
That is why I’ve created this comprehensive guide covering the topic.
I want to make finding the right information as easy as possible.
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THREE LOOMING CHANGES ALL INVESTORS MUST PREPARE FOR
What type of property will be in strong demand in the future?
Now that’s a good question for property investors to ponder, because the way we live and where and how we live is evolving.
It wasn’t all that long ago that buying a house and land in the suburbs was considered an indisputable truism of property investing.
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WHY PROPERTY FLIPS ARE LIKELY TO FLOP
Have you ever thought of tarting up an old property to on-sell and make a quick profit?
Of course this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”.
But can you really make a living flipping properties?
If you’re after a quick buck I’m sorry to disappoint you; while buying a run down property at a good price, improving it and selling it for a profit sounds good in theory, in reality most property flips flop!
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9 REASONS WHY YOU SHOULDN’T BUY AN INVESTMENT PROPERTY
Are you looking to get into property investment, or maybe you’re keen to add to your existing property portfolio?
Well maybe you should.
But maybe you shouldn’t.
Fact is, I’ve spoken with hundreds of investors in my time and I’m often surprised when they tell me their reasons for investing in real estate.
Many just get it wrong.
You see…while property investment is an excellent vehicle for growing lasting wealth, occasionally it’s the wrong fit for particular people.
In fact, sometimes, there are some very legitimate reasons why you just shouldn’t do it.
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THE LATEST CENSUS DATA HAS CHANGED MY POSITION ON REAL ESTATE [VIDEO]
As our population continues to grow, so too does our need for more housing.
But not just any housing and not just anywhere will make a good investment property in the future
You’ve often heard me say that demographics drives our property markets.
The latest census data has changed my position on real estate, and we discuss this in the short video
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THE MELBOURNE PROPERTY MARKET – 29 INVESTOR TIPS
The Melbourne property market has been one of the strongest and most consistent performers over the last few years.
In fact, after the booming Sydney real estate market, Melbourne has been the best performing capital city market over the last few years.
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WHAT WILL BRISBANE LOOK LIKE IN 10 YEARS FROM NOW?
A recent column, Bernard Salt has stated the Brisbane will play catch up over the next decade in its quest to become a major metropolis like Sydney and Melbourne.
In another article, I explained why the last 10 years for Brisbane has been nothing short of disappointing in terms of growth, in particular capital growth.
I finished my article by saying that although it has been a disappointing decade, there is some light at the end of the tunnel.
After reading Salt’s article and then researching and analysing what is on the “To Do” list here in Brisbane for the next 5 – 10 years, I am growing more optimistic.
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TIPS TO BUILDING WEALTH IN THE CURRENT ECONOMIC CLIMATE
We live in an interesting world don’t we? Particularly if you’re an investor.
Every time most of the world’s economic woes seem to have sorted themselves out and Australia’s property markets seemed to be steaming along nicely, a new set of challenges pop up for us as investors.
Some of them are overseas – things like terrorism, wars and financial woes.
And some new ones back home.
Concerns about what the future holds for Australia’s economy, interest rates, unemployment, political instability, APRA’s changed lending criteria and our property markets gyrations.
This means there is still a level of uncertainty about what the future holds.
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BENEFITS OF RUNNING YOUR OWN SUPER FUND
There are changes aplenty in the superannuation space at present, but some things have stayed the same.
One of which is that there are still multiple benefits to running your own super fund, regardless of any changes to the general super landscape.
In fact, more and more Australians are opting to take control of their superannuation and setting up self-managed super funds (SMSFs) but before embarking on an SMSF get specific advice to ensure it is right for you.
And there are many reasons why they’re doing so….
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WHAT DO BANKS LOOK FOR ON YOUR LOAN APPLICATION THESE DAYS?
The last decade has flipped the world of lending on its head.
Despite, currently having the lowest official interest rates on record, it’s harder for many investors to get a loan than ever.
In days gone by, banks lined up to give you money; now they’re so tightly bound by APRA’s (the Australian Prudential Regulation Authority) regulations that their initial stance is closer to “no” until you prove yourself worthy of a “yes”.
To make a tough situation even more difficult, lenders are behaving incredibly erratically, seemingly changing lending policies from week to week.
When it comes to finance, change seems to be the only certainty.
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TOP 5 STRUCTURING MISTAKES PROPERTY INVESTORS MAKE [VIDEO]
How important is owning your investments in the correct ownership structure?
It’s vitally important.
So what’s the best ownership structure?
Well…that depends as you’ll find out in this video interview I did with Ken Raiss.
In particular, we discuss the 5 most common mistakes Ken has seen investors make when choosing their ownership structures.
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SYDNEY AT RISK OF ‘HOUSING BUBBLE’ WARNS UBS
Brace yourself…the Sydney property market is housing bubble set to burst.
Well that’s what the media have been saying over the last week following the recently released UBS Global Real Estate Bubble Index which analyses the risk of housing bubbles in global financial centres and places Sydney as fifth riskiest.
ACCORDING TO THE REPORT:
“(Sydney) “real” house prices shot up 12% in the last four quarters and are now 60% higher than in 2012.
“The dip in prices in 2015–16 proved short-lived… Incomes increased by a meager 2% in inflation adjusted terms.
“Tax breaks and interest-only loans are whitewashing the worsening affordability for the time being.”
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HOW MUCH MONEY IS ENOUGH?
How will you know when you are rich?
How much money is enough?
When I was young I wanted to be a millionaire by the age of 30.
One million dollars was a lot of money then.
By the way… I didn’t make it – I wasn’t a millionaire by 30, but I did own a significant multimillion-dollar property portfolio by the time I was 40.
However, $1 million today isn’t what it was back in my youth.
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LOOK AT WHAT EVERYONE ELSE IS DOING… AND DO THE OPPOSITE!
I’ve come to the conclusion that when you do what most successful investors do, you get to become one of them, and if you don’t, you won’t.
Interestingly the latest tax office statistics show only 16% of Australians own an investment property.
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21 THINGS I WISH I KNEW WHEN I WAS 21
What would you tell yourself if you could go back in time and meet your younger self?
What advice would you give yourself to make your future easier?
Here’s some of the things I’s tell the younger me?
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PROPERTY INVESTMENT FOR BEGINNERS – 10 COMMON MISTAKES
When it comes to property investment, there’s no shortage of information available about what budding investors should do in order to ensure success.
But perhaps more important are the pitfalls to avoid so you don’t become a statistic of the property game.
While many investors start out with the intention of making it big in real estate, only a handful will ever get past their first investment and even less will create real wealth by climbing to the top of the property ladder.
To help you out, I’m going to share with you a basic guide to property investment for beginners.
In this article, I’ll explain 10 of the most common mistakes investors make and some tips on how you can overcome these to win big with real estate.
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