The very first article that I wrote for a magazine was published 21 years ago! No wonder I feel old. The article was called ‘Unlimited finance…’. My thesis was that investing in high-yield properties doesn’t magically extend ones borrowing capacity allowing them to invest a lot more. Some investors believe targeting high rental-yielding investment properties will…
Worry is a terrible strategy, but for a long time it was the only one I knew. Now, I consider this a safe place, so don’t judge me when I tell you a little story. For years, when I would send in the sketch that goes with my column for the New York Times, I…
Today’s episode will be a bit different than usual. Joining me today is Brett Warren, National Director of Metropole Properties, and we’re dedicating this entire episode to answering your questions. So, whether you’re a seasoned investor or just starting on your property journey, stick around because we’ve got some great questions and even better answers…
Rental affordability continues to deteriorate in Australia, however, new data from CoreLogic shows renters are starting to favour larger dwellings. A slight slowdown in net overseas migration might also be a driving factor slowing demand for smaller, inner-city units. CoreLogic’s newly launched bedroom count metric – which analyses housing market performance segmented by the number…
We’ve all heard about to-do lists. The best to-do lists incorporate daily activities that help move you forward in life towards accomplishing your goals and realizing your dreams. But you probably never heard of a to-don’t list. A to-don’t list is equally as important as a to-do list. A to-don’t list includes things you should never…
The cost-of-living crisis has been well documented. It’s clear that prices for various goods and services have risen sharply over the past four years since the pandemic started. Firstly, if you’re spending more on day-to-day expenses, it’s likely you have less to put towards investments, especially if your income hasn’t increased much during this time….
The latest numbers on new home starts are out and it isn’t good news showing Australia is facing a significant challenge in meeting its national target of 1.2 million new homes over the next five years. The promise of increasing housing supply is under severe threat from two major issues: high interest rates and escalating construction…
I was 24 when I took my first flight on a plane. Growing up poor didn’t give me much opportunity to travel. In fact, it wasn’t until I started my career as a CPA that I realized how much I had missed out on. At Arthur Anderson, I flew for the first time to Chicago….
Rain, hail or shine the most important thing to keep a positive attitude and outlook. Throughout history some of the greatest minds, strongest athletes and most courageous artists overcame the most grueling life challenges thanks to their attitude and outlook. Here are some of their words of wisdom: 1. ‘It is our choices that show…
I was having my hair cut the other day when Joseph my barber said, “Michael – I’m going to get into property investing and I’m going to make a fortune because I’ve learned how to invest like the pros!” Each time I visit Joseph the conversation seems to revolve around property, but when I heard…
