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.
Whether or not we’re aware of it, there are two wars raging inside each one of us: Taking Action or Procrastinating. When we take action on our dreams and goals it moves us forward in life. Action creates ripples that produce feedback, which is critical in understanding if we are on the right track or…
Today I’d like to explain to you why our housing crisis is going to expose some of the flaws in the quick-fix solutions our major political parties are telling us is going to solve the housing crisis. I was writing a blog about this and thought I’d got to discuss it with you now. As…
The current situation for first-home buyers is unlike anything we’ve seen before. Over the past couple of years, we’ve witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed at an unprecedented pace, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn’t enough, the rental…
Embarking on the journey to success is like navigating a winding road filled with unexpected twists and turns, and sometimes, confusing road signs that urge you to turn back. But with persistence, hard work, and the ability to learn from mistakes, reaching the summit is possible. However, along this journey, you’ll encounter a cast of…
Is it better to invest in a house or an apartment? These are age-old questions that aren’t easy to answer. You see, a few things have happened recently that have caused investors increasingly shy away from investing in apartments. We’ve seen a shift-change to a new working and home life prompted by the COVID-19 pandemic,…
When speaking to property investors they all tell me much the same thing… They bought their properties because they want to develop a degree of financial freedom. Some are looking to quit their jobs, others just want to have the choice of whether they work or not. Some are trying to save for their retirement…
Impulse purchases are costing people thousands of dollars every year, according to new research by Finder. The survey of 1,071 respondents found the average Australian splurges $44 a week on impulse purchases – $915 million nationwide every 7 days. That’s the equivalent of $2,278 a year – $47.5 billion nationwide – spent on everything from chocolate…
As tax time is approaching it’s time to get all your financial ducks in a row. And this year, it’s more important than ever for property investors to get it right. The Australian Taxation Office (ATO) has announced it will focus on three areas where people make the most mistakes on their tax return, and…
Living in an apartment, townhouse, or any strata-titled property comes with a ton of perks – convenience, security, and sometimes even fancy amenities like pools and gyms. But there’s also a cost associated with sharing the responsibility of these spaces: strata fees. Think of them as a shared investment in the upkeep and improvement of…
Albert Einstein was a theoretical physicist widely regarded as one of the most influential scientists of all time. He is also famous for some of his quotes. Here are some inspirational quotes by this brilliant person. 1. “Insanity: doing the same thing over and over again and expecting different results.” 3. “A person who never…
