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.
The statistics say it all-around 92% of Australians who invest in property never make it past their first or second investment. This is in spite of the fact that one property will never make you rich…it will never even make for a comfortable retirement when you consider that this stage of your life could represent…
In 2017, Griffith University estimated Australians would pass on a staggering $3.5 trillion in wealth over the next two decades. It is estimated that around $10 billion is inherited every month in Australia, and the numbers are steadily increasing. Given these projections, it’s highly probable that many of you reading this blog will receive an…
You’ve just made an offer on your new home or your next investment property and it’s been accepted. That’s great news, but what actually comes with the property when you settle? Is it everything that you saw when you inspected the property? Clearly not – some of the items in the property belonged to the…
Ever been to an auction where the property sold for hundreds of thousands of dollars above what the agent had quoted? I certainly have and I know many disappointed prospective buyers who have missed out at auction by being misled by agents’ quoted price ranges. Just to make things clear…the practice of underquoting is where…
Many novice investors make a simple mistake when they first start out. And that’s because they don’t understand the difference between their borrowing capacity and their affordability. So I’d like to clear up this issue to help investors manage their cash flow better in the future and to help them on their path to success….
The Reserve Bank sees no “quick fix” for the housing crisis and warns that an imbalance between Australia’s supply of new housing and growth in the nation’s demand for housing is pushing up rents and construction costs and also has implications for economic activity. In a speech on Housing Market Cycles and Fundamentals, RBA assistant…
At the moment, things look awful. The latest Bureau of Statistics count of retail spending (spending online and in shops) released Tuesday shows we spent less in April than in February. The Westpac card tracker, which tracks spending by Westpac customers, shows spending on essentials has fallen 1.6% since April. Spending on non-essentials (what Westpac…
They say the road to success is paved with failures, and speaking from personal experience, I know that’s very true. Here are 5 lessons you’ll have to learn before you can become successful. You might have already learned some the hard way, but you still have the chance to learn the others without necessarily having…
You’ve heard me say it before… your thoughts lead to your feelings, your feeling becomes your actions and your actions become your results. I’ve heard others say it differently… your words become actions, which eventually become your destiny. Similarly, Napoleon Hill, who wrote Think and Grow Rich and became the twentieth-century father of personal success,…
![[Podcast] 7 Lessons from Australia’s $26Billion Man with Tyron Hyde](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-568-lessons-Tyron_Hyde-270x200.jpg)
Would you like to learn the property investment secrets of Australia’s richest property investor? Well, today we’ll explore the powerful strategies that fueled Harry Triguboff’s ascent to billionaire status, as we learn seven lessons from the $26 billion man who is regularly number one or number two on Australia’s wealthiest person list. My guest, Tyrone…
