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.
From 1 October, Australians will notice a welcome change when they tap their card at the checkout. Merchants will no longer be able to add a surcharge to debit or credit card payments, potentially saving consumers around $1.6 billion a year, according to the Reserve Bank of Australia. Considering Australians made $475 billion in credit…
In the world of investing, there’s no shortage of noise. Everyone from the new band of “property experts” on the internet to your neighbours has an opinion on where the market is heading, where the next big opportunity lies or when the market will crash. But if you’re serious about building lasting wealth through property,…
A year from now, most investors won’t remember the exact percentages in the new capital gains tax rules. What they will remember is whether they kept building wealth while everyone else got distracted by the headlines. Because right now, that’s exactly what’s happening. Property investors up and down the country are fixated on one question….
Successful property investment generally involves holding quality assets for the long term, allowing compounding capital growth to work in your favour. However, there will be times when selling makes sense. Perhaps you have outgrown your current home, or the children have moved out and you are ready to downsize. Or you may also own an…
Here’s a group of quotes that should inspire and motivate you in the week ahead. Enjoy… 1. “What the mind of man can conceive and believe, it can achieve.” — Napoleon Hill 2. “A champion is afraid of losing. Everyone else is afraid of winning.” — Billie Jean King 4. “If you live long enough,…
Australians have never been wealthier, healthier or more comfortable. We live longer, travel farther and have instant access to information, entertainment and conveniences that previous generations could scarcely have imagined. Our homes are larger, our cars are safer, our food choices are broader and technology allows us to communicate with almost anyone in the world…
If you could step back into Australia in 1981, you would recognise the country, but much of everyday life would feel surprisingly foreign. Australia was younger, smaller, less diverse and more traditional. Families were larger, manufacturing played a much bigger role in employment, overseas travel was a luxury, and the typical worker was more likely…
Would you like a Cash Machine? Imagine flicking a switch in the morning and having it churn out money all day while you get on with the things you love doing. Building a cash machine gives you the freedom to take your hands off the wheel, live comfortably, and pass wealth on to the next…
Over the past two decades, I’ve advised hundreds of property investors at every stage of their wealth journey. Some were purchasing their first investment property, while others already had substantial portfolios and were seeking a clearer strategy to move to the next level. I’ve also worked with investors who owned several properties but found that…
Australia’s current housing downturn has ended the recent run of record resale results, with the share of profitable sales falling from a 21-year high and the median gain retreating from its March peak. Cotality’s latest Pain & Gain report analysed more than 94,000 residential resales in the June quarter, finding 95.4% delivered a nominal profit,…
