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.
I’ve said it before: it’s always been difficult to buy your first property. No matter whether it was the 1960s, 1990s or now, scrimping and saving for that deposit takes discipline and dedication. Now I admit that with property prices around Australia at new peak levels in many locations, and interest rates still high for…
I spent five years researching the daily habits and lessons that self-made millionaires learned from their non-millionaire parents. I share all of these habits and lessons in my book Rich Kids but thought I’d share with you ten of the most important ones: Success Habit #1 – Continuous Self Education 30 minutes a day of reading…
You’ve probably heard the whispers or read in the media that the taxman is on the hunt. The Australian Taxation Office is implementing some innovative strategies and forming new alliances to recoup billions of dollars of revenue deficit. This means Australian property investors should be on high alert and make sure they have completed all…
Receiving an inheritance can be a life-changing event, but also one filled with heightened emotions and uncertainty about the implications on your financial future. While receiving a lump sum of money can be a great opportunity to strengthen your finances, the sudden increase in your wealth also requires some careful consideration and planning. So, whether…
Despite a challenging interest rate environment, our housing markets continue to experience significant home price growth, driven by a robust demand that outstrips supply. This is even in the face of affordability constraints which would typically slow market activity. A key factor behind this trend is the surge in the working-age adult population, bolstered by…
Despite their diverse origins, Australians born overseas often bring unique perspectives and experiences to the table, shaping a rich tapestry of cultural insights within the country. Here are 11 interesting facts about Australians born overseas that might surprise you, according to ABS’s latest data: Australia’s population included 8.2 million people who were born overseas as…
Have you noticed how some people seem to rise to the top of their chosen field, or journey even higher up the property ladder, while others consistently achieve the same “average” results? In the 1990s, management guru Dr Stephen Covey explained what he believed to be the defining characteristics that distinguish “highly effective people” in…
I’ve had conversations with plenty of discouraged folks who are in their 50s (or even older) and they’re wondering how they’re going to survive in their retirement. They start to question if it’s too late to invest in property. Is there ever a time when you’re just too old? In general, my response would be…
During your career as an investor, you’ll no doubt read at least a few books from various experts who’ve all created wealth through a proactive property investment strategy. One of the names you’ve probably come across is Robert Kiyosaki, celebrated author of the Rich Dad, Poor Dad series that’s inspired and assisted many an investor…
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What will life be like in 10 years? Strategic property investors think in 10-year time frames, they don’t worry about what’s going to happen to interest rates or the economy in the next six weeks or the next six months. In my mind, 10 years is a short term and the successful investors I know…
