Mar 17 2025 34 mins 23
Hindsight is a wonderful thing, isn’t it?
Let me ask you a question… with the benefit of hindsight and knowing what you know now, if you had the opportunity to do so, would you have bought an investment property 40 years ago?
I bet your answer would be yes, realising that the median property price in Sydney was $68,500 back then and that you could have bought a median-priced property in Melbourne for just $40,000.
So today I share 40 valuable lessons learned from over five decades of property investment.
Takeaways
- Hindsight's a wonderful thing, isn't it?
- Successful investors have a long-term strategy.
- Don't do what most property investors do.
- The biggest risk is not doing anything.
- Location will do 80% of the heavy lifting.
- Don't rely on the media for your investment strategies.
- A change in your thinking will lead to a change in your life.
- You improve at what you practice intentionally.
- Time spent worrying is time that you could spend identifying opportunities.
- Never give up, you need resilience.
Chapters
04:14 Key Lessons from 40 Years of Investing
04:41 Understanding Market Cycles and Trends
06:57 The Importance of Long-Term Strategies
11:05 The Role of Debt and Financial Management
14:17 Surrounding Yourself with the Right Team
16:33 The Importance of Quality Advice
19:45 Understanding Property Data and Market Dynamics
22:57 Mindset and Emotional Management in Investing
26:34 Learning from Mistakes and Resilience
28:29 The Masterclass of Daily Practice
31:13 Choosing What to Practice for a Better Life
31:33 Introduction to the Podcast and Demographics Decoded
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au
Get a bundle of eBooks and Reports at www.PodcastBonus.com.au
Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.
Shownotes plus more here: 40 property investment lessons I learned in the last 4 decades