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.
In order to accomplish anything, you need a driving force, otherwise nothing will happen. A wish is not strong enough to make you take action. A wish is a weak desire. Only a strong desire can drive you forward, to act and accomplish aims and goals. I hope the following quotes help you reset your…
Victoria has become Australia’s second-most popular state for international buyers and tenants eyeing a move to the lucky country last month. New figures from PropTrack show that offshore demand for rentals is currently 32% above historical norms, with increasing interest coming from the UK, New Zealand, and China. Only New South Wales had higher demand…
As the year progresses and autumn turns into winter, at least here in Australia, it’s easy to lose sight of your goals. The New Year’s resolutions to eat less and go to the gym more may seem like a distant memory. The plan you had to boost your career by networking more may also have…
If you’ve been reading my blogs you’ve heard it before. But the message is so important I’m going to tell you again… Everyone has good and bad habits. Another way to put it is we all have rich and poor habits. In fact, I’ve written an international best-selling book called Rich Habits Poor Habits It’s…
Sometimes it can seem as though other people were born lucky. Rich parents, inspiring mentors, opportunities handed to them on a platter… it’s hard to believe the average Aussie can compete with this kind of advantage. But the truth is, most self-made successful people share a number of characteristics that have helped propel them towards…
More and more Australian property investors are moving into advanced strategies such as small property development as a way to grow their wealth. Of course, property development brings with it more potential financial rewards than traditional property investment, but it is not without it risks as well. There a number of factors that you must…
Young Australians who would have once been locked out of homeownership are increasingly relying on the so-called Bank of Mum and Dad to get a deposit or to guarantee a bank loan. The Bank of Mum and Dad has become so large as a home loan enabler that the Productivity Commission says if it was…
Are you interested in property development? While many properties make good homes, fewer are “investment grade” properties and even fewer are potentially profitable development sites. In a recent blog, I outlined why I choose the suburbs where I undertake developments very carefully. Now it’s time to find the “right” property in that suburb – one that could…
There’s no real ‘secret’ to property investing success, but as I’ve said many times before, there is a strategy. There are so many articles around about how to make sure your property investments outperform the rest of the market. The right location, the right price, the right plan… Searching for the ultimate path to guaranteed…
It’s now two years since the RBA first started to raise interest rates resulting in the biggest tightening cycle since the late 1980s. Rates have gone much higher and stayed high for much longer than I thought would be the case as Australian households proved more resilient than expected thanks to a combination of a…
