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A Wealthy Life

Aug 31, 2023

Episode 79: Don’t Be Greedy


Hello #WealthyLifers! Welcome back to another new episode! In today's episode we'll be diving into the world of property investment and the importance of maintaining a balanced approach to maximize profits.


From the challenges faced by landlords to the lessons we can learn from a utility company's mistakes, we'll explore the key factors that can make or break a profitable property business. Join us as we discuss the current real estate market, the significance of property maintenance, the importance of multiple income sources, and the impact of market momentum on the housing industry. 


Don't sacrifice long-term stability for short-term gains. Take care of your assets, invest wisely, and build a resilient property portfolio. Remember, property investing is about creating financial security, not quick riches. Don't get carried away by the pursuit of maximum profit.


It's important to think of tenants as customers. Provide them with quality homes and they'll become loyal tenants, reducing void periods and ensuring steady rental income. Consider the long-term impact of your actions. Greed can negatively affect communities, affordability, and the overall stability of the property market.


So grab a cup of coffee, sit back, and get ready for some valuable insights to enhance your life in the world of wealth and property. Let's get started!

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Highlights from this episode:


[00:09:15] Hot Market, Time to Invest Carefully


[00:17:00] Legal Paperwork


[00:28:21] Buy-to-Let Model


[00:32:31] Successful Property Business Requires Income Generation


[00:34:01] Neglect Leads to Property and Portfolio Failure

Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? 


Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast?


The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. 


Connect with Vicki: 

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Booking calendar -  



Browse Books by Vicki: 

Using Other People’s Money: How to invest in property 4th edition


Make More Money from Property: From investor thinking to a business mindset 2nd Edition 


Property for the Next Generation: Securing your future in uncertain times 2nd Edition  

The New Estate: Insights from the 22nd century  


The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style  



Or read the following eBooks on  

9 Critical Property Principles 


The De-Job Yourself Manual: Break your reliance on a monthly wage


The Values Manual: Understand what your values are and how they can be key to a successful business


The Goal Setting Manual: Create meaningful and practical goals then achieve them