In today’s show, Brett Warren and I dissect Warren Buffett’s investing principles, especially as they could apply to the Melbourne property market. We explore the value of long-term strategies, the importance of quality assets, and the need for solid cash flow. We also discuss market cycles, how interest rates affect investments, and why it’s essential to have a safety margin. Overall, we emphasise taking a strategic approach to property investment, aiming to build wealth steadily over time rather than chasing quick gains, discussing things like… · Long-term wealth building requires patience and strategic planning. · Market cycles are inevitable; timing the market is less important than “time in” the market. · Quality assets are essential for long-term capital growth. · Cash flow is crucial for sustaining investments during downturns. · Investing in desirable locations can mitigate risks. · A margin of safety protects investments from market fluctuations. · Understanding demographics and trends is key to successful investing. · Building a solid foundation takes time but pays off in the long run. · Having a strategic plan is vital for navigating the property market.    Links and Resources: Michael Yardney, founder of Metropole Brett Warren - National Director of Property at Metropole 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 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.