If you’ve been reading my blogs you’ve heard it before. But the message is so important I’m going to tell you again… Everyone has good and bad habits. Another way to put it is we all have rich and poor habits. In fact, I’ve written an international best-selling book called Rich Habits Poor Habits It’s…
Sometimes it can seem as though other people were born lucky. Rich parents, inspiring mentors, opportunities handed to them on a platter… it’s hard to believe the average Aussie can compete with this kind of advantage. But the truth is, most self-made successful people share a number of characteristics that have helped propel them towards…
![[Podcast] Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Rob Thompson](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-566-property_investors_tax_obligations-Rob_Thompson-270x200.jpg)
As we edge towards the end of the financial year, it’s the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time…
Books, blogs, and magazines are full of great tips on what to do to become a successful property investor. However today I’d like to look at a number of things successful investors don’t do. 1. They don’t concern themselves that the markets are unpredictable. Successful investors are comfortable with the reality that their future can’t…
![[Podcast] Why Some Secondary Suburbs Soar with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/560-SW-Podcast-cover-270x200.jpg)
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?…
Want to know a major influence on our housing markets for the next few decades? Well…. I believe that demographics drives our property markets and understanding the various life stages is critical to becoming a successful property investor. However leading demographer Bernard Salt suggests that it’s all changing! Gone are the days when transitioning into…
Most successful people you’ve heard of have been faced with adversity – often, that’s what led to their victory. So let’s get inspired by these quotes from some of the world’s most successful people… “Once you choose hope, anything’s possible.” — Christopher Reeve “You must expect great things of yourself before you can do them.”…
![[Podcast] ATO expert reveals tax time hacks for property investors, with Assistant Tax Commissioner Rob Thompson](https://propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-565-property_investors_tax_obligations-Rob_Thompson-270x200.jpg)
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…
Have you noticed how some people seem to rise to the top of their chosen field, or journey even higher up the property ladder, while others consistently achieve the same “average” results? In the 1990s, management guru Dr Stephen Covey explained what he believed to be the defining characteristics that distinguish “highly effective people” in…
During your career as an investor, you’ll no doubt read at least a few books from various experts who’ve all created wealth through a proactive property investment strategy. One of the names you’ve probably come across is Robert Kiyosaki, celebrated author of the Rich Dad, Poor Dad series that’s inspired and assisted many an investor…
