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.
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…
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…
In Australia, homeownership has long been a marker of success—a milestone that signified stability, adulthood, and financial security. But in recent years, we’ve seen younger generations delaying the purchase of their first home, and in some cases, forgoing it altogether. While it’s tempting to point the finger at affordability issues alone, there’s a deeper story…
It’s been a tumultuous week for global markets and geopolitics as the US election came to a head, and we had a very predictable outcome from the RBA in their November policy meeting. And there’s some good news ahead for Australia, according to David Robertson, Chief economist of Bendigo Bank, who, in his latest report,…
“You’ll be exactly the same person five years from now except for two things: the people you meet and the books you read.” American speaker, Charlie ‘Tremendous’ Jones, delivered this nugget from a stage in Sydney 25 years ago. The takeaway was clear — if I wanted a great life, I had to meet better…
There is a saying that is a useful one to adopt if you’re prone to worrying unnecessarily. It is, “Why don’t you save your worry until there is something to worry about?” It’s a useful mantra because sometimes in life there are times that rightly cause us to worry such as the illness of a…
In today’s show, we answer one of the questions on almost every property investor’s mind: “How long does it take for my investment property to cover its costs?” We all know property investment is a long-term game, but it’s easy to get frustrated when you’re pouring money into your investment and not seeing immediate returns….
Australia is facing a housing affordability crisis like never before, with the latest data from the PropTrack Housing Affordability Report painting a stark picture of the challenges Australians face in buying a home. According to Paul Ryan, Senior Economist at PropTrack, affordability has now reached its worst level on record. This is not just a…
Low supply, strong demand and high interest rates mean that it is harder than ever for Australians to buy property in the current market. High property prices mean many buyers, particularly first-home buyers, need a six-figure deposit at a time when their borrowing capacity is at an all-time low. And even for investors, the low…
