How to Grow a Multi-Million Dollar Property Portfolio - In Your Spare Time

Since its first publication in March 2006 How to Grow A Multi-Million Dollar Property Portfolio — in your spare time has become an Australian investment classic and #1 best seller. But times have changed and strategic property investors will adapt. This 16th anniversary edition has been fully updated taking into account COVID-19 and the current economic and finance climate and is a must read for all Australians keen to develop financial independence through property investment. Bestselling author and leading Australian investment expert Michael Yardney offers his time-proven step by step action plan showing you how to achieve real wealth through property investment. Use this book to learn how to live the life of a property multi-millionaire using Michael’ s system to buy more properties with no money out of your own pocket.

Michael Yardney is a best-selling author, but he's no theorist. He bought his first property over 40 years ago, when he was in his early 20s, without a deposit and not understanding the rules of the game. He then went on to build a multi-million dollar property portfolio in his spare time. He's a regular commentator on television and commercial radio, and has a regular column in Yahoo Finance, Your Investment Property Magazine and Smart Company. Michael's Property Update blog has been voted the world's #1 real estate website for 2017, 2018 and 2019, and his podcast regularly ranks in Australia Michael Yardney is a bestselling author, but he's no theorist. He bought his first property close to 40 years ago when he was in his early twenties – without a deposit and not understanding the rules of the game. He then went on to build a multi-million dollar property portfolio in his spare time. Michael has probably educated more successful investors than anyone else in Australia and has been voted Australia's leading property investment advisor.

INTRODUCTION LET ME BE YOUR MILLIONAIRE MENTOR Part I What Are We Trying to Achieve WHO IS MICHAEL YARDNEY? WHAT IS REAL WEALTH? THE FIVE LEVELS OF INVESTING WHY INVEST IN RESIDENTIAL REAL ESTATE? HOW LEVERAGE CAN MAKE MOLEHILLS INTO MOUNTAINS! DO YOU HAVE THE COURAGE TO BE RICH? Part II What’ s Ahead for Property? WHY OUR PROPERTY MARKETS ARE GUARANTEED TO KEEP GROWING INVESTING FOR CAPITAL GROWTH, NOT CASH FLOW A LOT CAN HAPPEN IN 10 YEARS WATCHING PEOPLE PATTERNS: THE STUDY OF DEMOGRAPHICS Part III Choosing When, Where and What to Buy MY STRATEGIC APPROACH TO PROPERTY INVESTMENT THE OPPORTUNITY COST OF NOT INVESTING THE CROWD IS ALWAYS LATE COUNTER-CYCLICAL INVESTING LOCATION, LOCATION, LOCATION BOOM TO BUST: WHAT MAKES PROPERTY PRICES RISE AND FALL THE TYPES OF PROPERTY AVAILABLE THE (UNTIL NOW) UNWRITTEN RULES FOR SELECTING PROPERTIES INTERPRETING PROPERTY RESEARCH DATA PROPERTY DUE DILIGENCE Part IV – Agents, Advice, Auctions and Negotiations TAMING THE TIGER (DEALING WITH REAL ESTATE AGENTS) WHO SHOULD YOU ASK FOR PROPERTY INVESTMENT ADVICE? HANDS UP IF YOU WANT TO KNOW MORE ABOUT AUCTIONS TOP TIPS FOR SKILFUL REAL ESTATE NEGOTIATION TEMPORARY INSANITY Part V Number Crunching and Advanced Strategies THE TAX ADVANTAGES OF RESIDENTIAL PROPERTY HIDDEN SURPRISES AND HOW TO PROTECT YOURSELF FROM THEM BANKS AND THE SECRETS TO BORROWING BOOST YOUR BORROWING POWER THE DIFFERENCE BETWEEN A LOC AND AN OFFSET ACCOUNT VALUATIONS AND REFINANCING LIVE THE LIFE OF A PROPERTY MULTI-MILLIONAIRE PROPERTY MANAGEMENT THE HABITS OF SUCCESSFUL PROPERTY INVESTORS WHAT’ S NEXT?