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.
We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
Western Australia (WA) continues to lead growth in owner-occupier loans, while Queensland (QLD) has become the second-largest market for investor loans, surpassing Victoria. Money.com.au’s latest Mortgage Insights report highlighted some interesting trends that reflect shifting buyer preferences, tax advantages, and affordability considerations across different states. National loan growth insights The average new loan size in…
If you are contemplating investing in property, should you buy now or wait? What if prices fall? Maybe you would be better off waiting? As my analysis below reveals, buying for less than market value or at the bottom of the market (i.e. buying well), has very little impact. The price we pay for a property…
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of being defeated, I learned from each error and moved forward a little bit wiser. If…
I am about to shatter your very understanding of happiness. For some listeners, this may be discomforting; for others, this may be a revelation. In my chat with international best-selling author Tom Corley today, we will explain why wealthy people are happier. Now, I know they say money can’t buy happiness, but please bear with…
You’ve done your research, found the perfect property, exchanged contracts, and waited patiently throughout the settlement period. Now there is just one last hurdle: the pre-settlement inspection. So you shouldn’t assume that the property is in the same condition in the week leading up to settlement as when you exchanged contracts; you need to inspect…
Are you currently holding an inferior property in your portfolio? Many of our property markets have reached new peaks recently, and many investors have reaped the rewards. While that is certainly great news, it has potentially covered up many mistakes that investors could have made without even knowing. The old saying “A Rising Tide Lifts…
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…
Becoming a successful entrepreneur is not easy. I spent five years studying 177 self-made millionaires Rich Habits Study – Background on Methodology and I have to say, they are among the most courageous, fearless individuals I have ever met. They put everything on the line. They took enormous risks in the pursuit of their dreams. Success…
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…
