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.
Amidst the cost-of-living crisis, some property investors may be asking themselves: “Is landlord insurance a luxury and an expense I should forgo?” SPOILER ALERT: The answer is “no”! The cost of living keeps rising and wages are barely keeping pace with inflation – wage growth was 4.2 per cent over 2023 while the CPI was…
While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income. With our property markets growing strongly and no shortage of tenants, many…
Being good with money is a skill you can learn. Some people complain they aren’t very good with finances — they argue they don’t have a head for numbers — but I believe everyone can become wealthy if they know how. Part of it comes down to smart investments, sure, but the other, equally important part,…
Here’s a selection of great inspirational quotes – many from some great thought leaders. Some would even call these life changing lessons: 1. People who say it cannot be done should not interrupt those who are doing it.” -ANONYMOUS 2. “Your present circumstances don’t determine where you can go; they merely determine where you start.”…
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our “give it a go” attitude that sees so many of us decide to take control of our financial futures. Of course, without small businesses, our economy wouldn’t exist given some 97 per cent of all businesses are classified as ones…
Are you looking for the fastest-growing areas for 2024? Australia’s population grew by 659,800 people (or 2.5%) to 26.8 million people in the year to September 2023, with Western Australia enjoying the fastest percentage growth rate of all the nation’s states (of 3.3%), according to the latest Australian Bureau of Statistics data. With 765,900 overseas…
There are so many things we all need to achieve to become financially successful and it can be difficult trying to keep on top of it all. When you first start looking at property investment, share investing, and wealth creation in general is him to be an overwhelming number of things to get your head…
![The Habits of Unsuccessful People vs. Successful People [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/03/businessman-climbing-the-steps-to-success-HZUQUFE-1-270x200.jpg)
Succeeding is hard: it requires a lot of work, strong will and a great deal of patience. So what’s the difference between successful and unsuccessful people? It’s their habits. If you think about it, you are where you are in life today because of all the things you’ve chosen to do, and all the things you chose not to do. And if…
We’re now 16 months in to a new property cycle. Early in 2023 our housing markets reset, and property values started rising, despite the fact that the RBA kept raising interest rates. So what happened? What changed? And what does it mean for the future of our property markets? To help understand what’s ahead and…
Rental costs in Australia keep on increasing. Because of this, shared housing is quickly becoming the answer for many to the skyrocketing cost of living, according to new research by Finder. The survey of 1,070 respondents revealed more than 1 in 10 (12%) Australians – equivalent to 2.5 million people – have moved into shared…
