Michael Yardney is one of Australia’s leading property experts and a best selling author. He’s penned 8 books to date, hosts his own podcast, has mentored over 2,000 business people and is the Director of Metropole Property Strategists.

Since Jess and I bought our first home down the South Coast of New South Wales in 2015, I have been an avid listener of Michael’s podcast and follow a lot of his advice and commentary through his online content. One of the best things about Michael is how he cuts through the noise and dispels a lot of myths surrounding property affordability in Australia. Whether it be the goal of attaining property or in fact anything in life, Michael is a firm believer that your mindset is catalyst to achievement. Michael co-wrote ‘Rich Habits, Poor Habits’ with Tom Corley which analyses the psychology behind our decisions and why some of us make better decisions than others. A great read!

Jess and I made a short term sacrifice of getting out of Sydney and buying a cheaper property. This ensured we got into the property market, kept our mortgage and overheads low and also helped us still save a deposit for our second property which we hope to get in the near future. This isn’t a blue print but one of many ways to purchase property and in fact I have many friends who have purchased a home in Sydney with 1 source of income with some short term sacrifices. It can be done!

In our chat, Michael talks about his path to success, purchasing his first property with a $2,000 deposit and how he has incrementally built his wealth over the past several decades. We talk about the market now, the fear mongering pushed by the media (don’t get sucked in!) and how mindset is key to your individual meaning of success.

If you want to dig deeper into Michael’s world, check out the Michael Yardney Podcast and subscribe to his newsletter. Lot’s of great ongoing information that will help anyone wanting to take more control of their own wealth.

Show notes

Learn more about Michael via Main Website | Facebook | Twitter | Linkedin | Google+ | YouTube |
Sign up to Michael’s Newsletter.
Listen to the Michael Yardney Podcast.
Check out Michael’s Daily Blog.
Really want to dig in deep? Michael offers a mentorship program. Click here to learn more.

Check out Michael’s 8 books below;

1. How to Grow a Multi Million Dollar Property Portfolio — in your spare time
2. Michael Yardney’s Guide To Investing Successfully
3. Michael Yardney & Tom Corley’s Rich Habits Poor Habits
4. Michael Yardney’s Guide to Getting Rich
5. Michael Yardney’s Rules of Property
6. The Australian Guide to Buying and Selling Your Home (co-authored with Pamela Yardney)
7. Secrets of Property Millionaires exposed (co-author)
8. What every Property investor needs to know about Finance, Tax and the Law