Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
As regular readers of my blog will be aware, I am a big fan of embracing failure. Now, that may sound odd, but hear me out on this one. I’m not suggesting failure is something we should try to do — quite the opposite, naturally — but failure is a necessary part of life at times, and…
If you feel like everyone suddenly has an opinion about property investing, you’re not imagining it. Scroll social media, open a news site, or attend a property seminar and you’ll be bombarded with confident predictions, “can’t-miss” suburbs, and experts promising certainty in an uncertain world. But here’s the uncomfortable truth most investors learn too late:…
Borrowing capacity is usually an investor’s scarcest resource. Because it’s limited, it should be allocated with great care and consideration. The goal is to ensure every dollar of borrowing capacity is put to its highest and best use. One way to measure this, is by considering the return on borrowing capacity – a simple framework for…
Estate planning is different for everyone and especially in today’s modern environment of potentially blended families. So, with more people remarrying, it’s critical to prepare for the distribution of your wealth upon your passing. While you are alive, the estate planning process allows you to manage and preserve your wealth for those you will one…
Success, as with most things, starts with attitude. When you’re struggling, a small burst of inspiration can make a huge difference. Here are 20 quotes about success to inspire you to keep pushing forward and achieve your dreams. The whole secret of a successful life is to find out what is one’s destiny to do, and then…
I recently did something I haven’t done for a long, long time. I played a game of Monopoly. And yes, I won. But I played it with my grandchildren, so I had an unfair advantage. Now the game reminded me of a very important lesson all property investors must understand – and this is that not…
One good financial decision will have positive consequences. But five good decisions in a row will be life-changing. It will create a lot more than five times the positive outcomes that one good decision will. That’s because good decisions are a compounding asset. Our lives are a sum total of the choices we have made…
Every few years, the media tells us property is “finished.” They say it’s too risky, too expensive, or that the market is about to crash. I’ve been investing for five decades now, and I’ve heard it all before. After the 1980s property boom, people said “our kids will never be able to afford property again.”…
For the past few years, Australia’s rental market has been in overdrive. Investors have seen record returns, renters have felt the pinch, and headlines have been dominated by “crisis” talk. But now, as we begin a new year, something’s shifted. No, rents haven’t crashed. In fact, they’re still sitting near record highs in most capital…
You’ve probably heard the old saying, “Life begins at 40.” It’s one of those phrases that sounds comforting, but does it actually reflect reality? Is midlife really a time of renewal, or is it just a feel-good mantra designed to soften the blow of grey hairs and creaky joints? As Simon Kuestenmacher and I recently…
