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.
Are great property investors born or made? If you’re like me you were told from a very young age that if you want to succeed at something – be it sport, school, or a musical instrument – that you must put in the time, hard work, and importantly, practice. Most of us learned our timetables by…
One of the most revolutionary and groundbreaking discoveries I made in my five-year Rich Habits Study, was the fact that there are Four Paths to Wealth. I cover these paths in more detail in my new book, Effort-Less Wealth, but here’s a snapshot: Saver/Investor Path Big Company Climber Path Virtuoso Path Dreamer/Entrepreneur Path What makes this discovery…
From investors to first-home buyers, buying a property can be an exciting time. But it can also be riddled with fear and uncertainty, especially in a market like the one right now where there is uncertainty about interest rates and the supply of property is scarce. Having helped many home buyer clients at Metropole I…
Australians rely on plastic to get through to payday. In fact, more than one in three credit card users are carrying around debt after they pay their bill each month, contributing to the estimated $3.15 billion lenders have collected in interest charges over the last year. This according to a RateCity.com.au survey of over 1,500 credit…
Amidst the cost-of-living crisis, some property investors may be asking themselves: “Is landlord insurance a luxury and an expense I should forgo?” SPOILER ALERT: The answer is “no”! The cost of living keeps rising and wages are barely keeping pace with inflation – wage growth was 4.2 per cent over 2023 while the CPI was…
While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income. With our property markets growing strongly and no shortage of tenants, many…
Here’s a selection of great inspirational quotes – many from some great thought leaders. Some would even call these life changing lessons: 1. People who say it cannot be done should not interrupt those who are doing it.” -ANONYMOUS 2. “Your present circumstances don’t determine where you can go; they merely determine where you start.”…
I’ve found that for most property investors to change their level of wealth, they must change. Rather than disagree, please humor me for a moment and read on… Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it. Why is change difficult for many…
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our “give it a go” attitude that sees so many of us decide to take control of our financial futures. Of course, without small businesses, our economy wouldn’t exist given some 97 per cent of all businesses are classified as ones…
Are you looking for the fastest-growing areas for 2024? Australia’s population grew by 659,800 people (or 2.5%) to 26.8 million people in the year to September 2023, with Western Australia enjoying the fastest percentage growth rate of all the nation’s states (of 3.3%), according to the latest Australian Bureau of Statistics data. With 765,900 overseas…
