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.
In this article, I’ll explain the role of the Architect and how to work with them on your development project. Astute investors and property developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who can provide invaluable support and assistance…
What leads some people to be so more successful than others? Success is a highly sought-after but often elusive goal. We all want to achieve success in our personal and professional lives and in our investing, but some people seem to be able to do so with ease, while others struggle. So, what sets these…
Today we’re going to tackle one of the most critical decisions every property investor faces: where to buy. It’s often said that the three most important factors in property investment are location, location, and location—but what does that really mean? Not every suburb or street will deliver the kind of growth and returns you’re hoping…
The Vacant Residential Land Tax (VRLT) in Victoria has been a topic of much discussion, especially among property investors and homeowners who may be affected by this tax. Originally, this tax applied only to residential land in the inner and middle suburbs of Melbourne, but recent legislation has expanded its scope to include all of…
You probably know – like I do – a number of few people who’ve done very well out of property over the years… despite not taking much interest in it, and having no special skills. And although I don’t want to discourage you in your quest to be an elite and highly informed investor, this…
Investing in property can be one of the most effective ways to build wealth, but it’s not without its pitfalls. Over the years, I’ve seen many investors make the same mistakes repeatedly, often derailing their financial goals. Here are 10 common missteps property investors make and how you can steer clear of them. 1. Falling…
I’ve been studying millionaires and billionaires since 2004, which is when I began my Rich Habits Study. One of the first things I noticed is that many of these successful people share certain common traits. In this article, I will share 25 Universal Truths about success: 1. Success takes time. 2. Emotion, good or bad,…
Proposed changes to the minimum energy efficiency standards for rental properties in Victoria could soon see landlords facing increased costs in a bid to help the state move towards net zero emissions. While the intentions behind these reforms are commendable, the reality is that these changes will have significant financial implications for landlords, many of…
Top economists are unanimous in believing Australia’s housing market is in crisis. Offered a choice of 14 measures identified by the Economic Society of Australia as likely to restrain prices for buyers and renters, none of the 49 leading economists polled picked: “Do nothing, the market will determine appropriate prices”. The economists chosen for the…
Brisbane’s property market might not match the sky-high prices seen in Sydney and Melbourne, but over the past few years, the sea-change shift effect has seen its population boom, with even our richest property buyers flocking northwards. And it has put some of the city’s most affluent streets on the map. Brisbane’s house prices boomed…
