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.
What is land tax? Who should pay for it? And can I reduce this major property cost which seems to eat into my rental income disproportionally? These questions are often asked by serious property investors who already have or are in the process of building a significant property portfolio. As is the case for most…
How does money influence you? When does money go from being a positive to a negative force in our lives? When it becomes an obsession, and it’s one of the last things you think about before going to sleep, and the first thing you think of when you wake up. If you judge the integrity…
Have you wondered how many investment properties you would need to get the ultimate goal of financial freedom? I’ve found that while most property investors hope to one day replace their personal income with cash from their investment properties, most don’t have a strategy to achieve their goals. So, just how many properties does it…
Cryptocurrencies and other digital assets have enjoyed an astonishing rise into mainstream consciousness in recent years. Despite all the hype – perhaps partly because of it – investing in them can still expose us to serious risks. Last year, Australians lost A$2.74 billion to scams. Investment scams topped the list of ways we were fleeced,…
Are you faced with a problem? Psychologist Rick Hanson, senior fellow of The Greater Good Science Center of UC, Berkeley has studied something called negativity bias for years. He found that our brains are all hardwired for negativity. Negativity Bias is the habit of focusing on worst-case scenarios when we are confronted with problems. Our…
As I get older and wiser, I think there is a real problem going on in the world today. I feel like so many people walk around with a general sense of entitlement and it’s so damaging. This truth might hurt, but the world doesn’t owe you anything. That might sound harsh, but accepting that…
![Ever wondered how your coffee gets from the grower to you? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
There’s a good chance your day started with a cappuccino or a cold brew, and you aren’t alone. In fact, coffee is one of the most consumed drinks on the planet, and it’s also one of the most traded commodities. According to the National Coffee Association globally coffee consumption is estimated at over 2.25 billion…
In decades gone by, it was common for first-time buyers and all buyers to purchase a house in the suburbs. A lot has changed over the years, with units and townhouses now surging in popularity. Lower maintenance and superior positions closer to the city are key drivers for these buyers. According to the latest Census…
What Are the Next Suburbs Where House Prices Will Exceed $1 Million in 2025? First, let’s look at where the $1 million suburbs are right now and how they’ve been growing over the past decade. As of May 2024, there were 857 suburbs in Australia with a median house price of at least $1 million,…
Let’s face it; no one likes stress, but it’s something we all live with to some degree. Whatever the cause, the end result of stress presents with about 15 to 20 varying symptoms that can include loss of appetite, sleep problems, irritability, trouble concentrating, and sadness. Now not all stress is bad for you. In…
