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.
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…
![[Podcast] The truth behind why rich people are happier with Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-612-_rich-Tom_Corley-270x200.jpg)
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…
The process of human change begins within us. We all have tremendous potential. We all desire good results from our efforts. Most of us are willing to work hard and pay the price that success and happiness demand. Each of us has the ability to put our unique human potential into action and to acquire the…
While Melbourne has been Australia’s strongest-performing capital city housing market over the last four decades, it has underperformed over the last couple of years. In fact, over the last 12 months, dwelling prices have basically been stagnant, while many other capital cities have enjoyed double-digit capital growth. Several factors contribute to Melbourne’s residential property market’s…
Have you finally found the perfect property but now have no idea how to take the next step? Don’t worry, like many buyers out there, you’re not alone! To help make things a little easier for you, in this article we get down to the nitty-gritty of making an offer and tell you exactly what…
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…
