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.
Governments are using private investors as scapegoats for a shocking underinvestment in social housing while raking in tens of billions of dollars in property taxes each year, according to the Property Investment Professionals of Australia (PIPA). Right now, about 175,000 households are on waiting lists for public or community housing across Australia, up by 20,000…
Victoria is set to undergo a housing revolution with an ambitious plan to add 2.5 million new homes by the middle of the century. Premier Jacinta Allan unveiled proposed housing targets for all local government areas across the state to meet by 2051. This comprehensive plan aims to accommodate the state’s rapidly growing population and…
It’s clear, from numerous studies over the years, that those who make a habit of procrastinating, do not do well in life. Procrastination is action’s evil twin. It is the opposite of action. Delayed action prevents us from moving forward in life in realizing our dreams and accomplishing our goals. It prevents, even the most…
Insurance is one thing that many Aussies overlook. But whether you’re a homeowner or investor, it’s important to make sure you’re covered against anything happening to your property. And for strata-titled properties, building insurance is included in your quarterly owner’s corporation or body corporate fees so owners just need to ensure they have adequate cover…
When it comes to being wealthy, research has found that if you’re rich you’re likely to live longer, too. Now this isn’t because wealthier people have better or healthier genes. What it means is that they live longer because they have the funds to invest in their health. Plus, they tend to have a mindset…
When you start out as an investor, the idea of buying a property as you march towards financial freedom is full of excitement and promise. Yet, the closer you get to making it a reality, the more stressful and confusing it can all become – often because you are trying to make sense of conflicting…
When it comes to property investment, many investors and buyers become obsessed with the idea of timing their property purchase with the view that buying at the bottom of the market for the cheapest price is a formula for property success. And considering the current property market conditions, this seems more prevalent than ever. But,…
The Australian Taxation Office (ATO) is putting rental property owners on notice this tax season. ATO Assistant Commissioner Rob Thomson has highlighted that many rental property owners are making mistakes on their tax returns, despite 86% using a registered tax agent. One major issue is misunderstanding what expenses can be claimed and when particularly distinguishing…
Too many landlords think that property management is easy when it isn’t. And too many landlords never receive anything more than a “one-size-fits-all” property management service. But there is a better way to manage and grow your portfolio – and all you need to do is read on. A common problem One of the most…
Do bad things happen to you? How often? Seldom, occasionally, more than occasionally, all the time? If bad things are a part of life for you, it’s time for some serious introspection. We are creatures of habit. That means we do things without consciously being aware that we’re doing them. When life goes wrong too…
