We all want to be financially secure. And many of us are prepared to put in the hard work to make it a reality. However many people seem to encounter roadblock after roadblock on their path to financial freedom and the main issue is often their own bad habits. But it’s never too late to…
While Melbourne has been Australia’s strongest-performing capital city housing market over the last four decades, it has underperformed over the last couple of years. In fact, over the last 12 months, dwelling prices have basically been stagnant, while many other capital cities have enjoyed double-digit capital growth. Several factors contribute to Melbourne’s residential property market’s…
Having grown up in a household where money was scarce, early on in my life I made a decision to learn about money – how to make it, how to save it, how to invest it, and to be blunt…how to become rich. Over the last 5 decades I’ve read countless articles (and written thousands…
Have you considered getting involved in property investment even though you’re still relatively young? Want to avoid the minefield that causes around 50% of those who get started in property investment to sell up? A number of years ago Finder.com.au interviewed me for my thoughts on this topic, and one of the things we discussed…
Are you a coffee lover? I remember taking a trip to Brazil and on one of the tours we took a drive through the coffee plantation, the tour guide said ‘this is where espresso originated’. Little did he know that on the tour was a couple from Italy, who had a few words of argument…
In Australia, homeownership has long been a marker of success—a milestone that signified stability, adulthood, and financial security. But in recent years, we’ve seen younger generations delaying the purchase of their first home, and in some cases, forgoing it altogether. While it’s tempting to point the finger at affordability issues alone, there’s a deeper story…
If you’re looking to eventually develop financial freedom by building a substantial property portfolio, it’s crucial to understand the importance of running two distinct “businesses” to ensure you attain your goal of having a significant portfolio. I’m sure you’ve heard that 92% of property investors never get past their first or second property, and there…
As Australia contends with an increasingly severe rental housing crisis, a new trend has emerged that could exacerbate the situation—the dwindling number of private property investors. A recent report from The Australian Financial Review warns that Australia has likely reached “peak property investor,” with experts cautioning that the impacts on the rental market could be…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate…
What is standing between you and property investing success? It could be YOU! Maybe you’re too biased to be a successful property investor. What do I mean by that? Well…did you know that as property investors we can sometimes be our own worst enemy? It’s not because of the decisions we make, the opportunities we…
