A property’s value is typically divided into two components: the land value and the value of any improvements, such as the dwelling. Conventionally, land tends to appreciate over time, while buildings are said to depreciate as they get older and suffer more wear and tear. However, the rise in construction costs poses an interesting question: what impact do rising construction costs have? In today’s episode, Stuart Wemyss and I discuss the ramifications of soaring construction costs on property investment. We cover the challenging landscape of the property market, focusing on aspects like renovations, investment locations, and the power of a positive mindset. From analyzing historical trends of construction costs outpacing inflation to discussing strategies for creating intergenerational wealth, Stuart’s insights provide an in-depth exploration of property investment in the face of rising construction costs. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal  Strategic Property Plan  Click here and have a chat with us Shownotes plus more here:  How should rising construction costs impact your property investment decisions? With Stuart Wemyss

How should rising construction costs impact your property investment decisions? With Stuart Wemyss

Are you looking for financial freedom or more choices in life? You're in the right place. Twice each week Michael Yardney shares smart property investment strategies as well as the success and personal finance secrets of the rich, in around 30 minutes.
MIchael has been voted one of Australia's top 50 Influential Thought Leaders and while he is best known as a real estate investment expert, he is also Australia's leading expert in the psychology of success and wealth creation and a #1 best selling author of 9 books. 
Michael frequently challenges traditional finance advice with innovative ideas on property investing, personal finance and wealth creation.
His wisdom stems from his personal experience and from mentoring over 2,000 business people, investors and entrepreneurs over the last decade.
Michael's message will be priceless regardless of the size of your real estate investment portfolio - whether you're just starting out or an experienced investor wanting to move to the next level, he will provide you a roadmap for real estate investing and financial success.
http://MichaelYardneyPodcast.com

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Have you ever wondered why some locations that could be labelled as 'secondary’ outperform the established blue-chip suburbs? What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to? Should you be looking for these suburbs, or should you stick to blue-chip locations? I’d like to know if this is a mere market fluctuation, or are we witnessing a fundamental shift in what defines a 'smart investment' in our property markets? That’s what I ask my guest today, leading independent financial advisor, Stuart Wemyss, director of Prosolution private client. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal  Strategic Property Plan  Click here and have a chat with us Shownotes plus more here:  Why Some Secondary Suburbs Soar with Stuart Wemyss  

Why Some Secondary Suburbs Soar with Stuart Wemyss

You've probably heard the whispers or read in the media that the taxman is on the hunt. The Australian Taxation Office is implementing some innovative strategies and forming new alliances to recoup billions of dollars of revenue deficit. This means Australian property investors should be on high alert and make sure they have completed all their obligations correctly. To discuss how to avoid getting trapped by the tax man today I'm joined today by Rob Thompson, Assistant Tax Commissioner at the ATO. We are going to discuss some things that will help you understand what your obligations are and how not to get yourself in trouble, particularly some aspects that relate to property investors. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal  Strategic Property Plan  Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au ATO Resources:  ●        Tax time toolkit for investors: ato.gov.au/Investorstoolkit  ●        Rental properties guide: ato.gov.au/rentalsguide  ●        Rental video series:  ato.gov.au/Rentalvideos  ●        Property sale clearance certificates:  ato.gov.au/clearancecertificate  ●        Working from home:  ato.gov.au/home  ●        Car expenses: ato.gov.au/car Shownotes plus more here:  ATO expert reveals tax time hacks for property investors, with Assistant Tax Commissioner Rob Thompson  

ATO expert reveals tax time hacks for property investors, with Assistant Tax Commissioner Rob Thompson

What will life be like in 10 years? Strategic property investors think in 10-year time frames,  they don’t worry about what’s going to happen to interest rates or the economy in the next six weeks or the next six months. In my mind, 10 years is a short term and the successful investors I know ponder about what the housing markets will be like in 20 to 30 years. We are living through times of rapid change, but most of us don’t like change. It makes us feel uncomfortable. We like a level of certainty about our future, health, and jobs, as well as about the worlds of finance and property that most of us are interested in. But there are history lessons that can provide us with valuable insights. In today’s episode, I’d like to talk about some of the things that never change in a world that never stops changing. Successful investors and businesspeople need to be prepared for change but also understand the things that don’t change. Hopefully, by the end of today’s show, you’ll come out with some ideas about how to get some more certainty in these uncertain times. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal  Strategic Property Plan  Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here:  Property success principles that stand still when everything else moves

Property success principles that stand still when everything else moves

Today's show tackles a hot-button issue in Australia: housing affordability. With skyrocketing prices and rents, and a shortage of available homes, many are pointing the finger at immigration. What if we stopped immigration? Would this be the panacea to our housing crisis? Is stopping immigration really the answer? Ken Raiss, Director of Metropole Wealth Advisory, joins me today to discuss this complex topic. Links and Resources: Ken Raiss, director of Metropole Wealth Advisory Have a chat with Ken Raiss and the team at Metropole Wealth Advisory to secure your financial future – click here Get Ken Raiss’ report: Your Guide to Understanding Ownership Structures & Trusts –  just click here Why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Get your bundle of E-books and resources as my gift for subscribing to this podcast   www.PodcastBonus.com.au Shownotes plus more here:  Is stopping immigration the secret to solving our housing nightmare? With Ken Raiss

Is stopping immigration the secret to solving our housing nightmare? With Ken Raiss

Today, I’m joined by Mark Creedon, and together we explore some priceless investment lessons from some of the world's most successful billionaires. These titans of industry have not only built immense wealth but have also mastered the art of sustaining it through savvy, strategic decisions. Mark and I are going to uncover how their golden rules of investment can be applied right here in the Australian property market. Links and Resources: Get the team at Metropole to help build your personal  Strategic Property Plan Click here and have a chat with us Why not join  Metropole’s Mastermind Business Accelerator Learn more about Mark Creedon – Business Coach to some of Australia’s leading entrepreneurs  Get a copy of Mark’s new book here – Have a Business, not a Job Subscribe to Mark’s Mastermind for Business Podcast here Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here:  Priceless investing lessons from influential billionaires, with Mark Creedon

How should rising construction costs impact your property investment decisions? With Stuart Wemyss

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