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.
Back in 2004, when I began my research to find out why the rich were rich and why the poor were poor, I’ll confess, I hated rich people. I had some entrenched negative beliefs about the wealthy that I inherited from my upbringing. As I uncovered more and more about the causes of wealth and…
Best-selling author Thomas Corley found some curious data in his 5-year study of wealthy people. He found that: 76% of the wealthy engaged in 30 minutes or more of aerobic activity four days a week. 77% of the poor did not. 70% of the wealthy ate less than 300 junk food calories a day vs….
Location is probably the most important thing to consider when it comes to buying your next investment property. Perhaps you’ve heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. “Location, location, location” is a well-known expression that highlights the importance of finding the…
What are the most in-demand jobs in Australia today? Well, the latest Skills Priority List found that technicians and trade workers remain the most in-demand with 50 per cent of occupations in the category experiencing labour scarcity. The list also highlighted that 66 new occupations have made the annual skill shortage list in 2023, including…
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our…
In ancient times, people used the term generation to describe all the people alive. Over time, that has changed to more of a biological definition, which is the span of time from when one is born to when they have children. Because the median age of giving birth is now 30 years, that time span…
Australians who have ever thought of renovating an old property and on-selling it to make a quick profit might soon face a whopping 47% tax. The idea, also known as ‘flipping’ has been made popular by TV reality shows like The Block is a popular but risky strategy with the goal of making improvements to…
The national accounts released by the Australian Bureau of Statistics show economic growth slid to a measly 0.2% in the last quarter. That’s well down from a low 0.4% in the June quarter. Of course, economic growth is not everything. The national accounts don’t measure, for example, unpaid work at home or caring work, volunteering…
The world is supposedly divided into the haves and the have-nots. The reality is, like Yoda once said, it is the dos and the do-nots. What I mean by that is that success has as much to do with mindset as it has to do with anything else. The most successful people have common traits…
Ever wondered why some property investors hit the jackpot while others barely scrape by? Well in today’s show Brett Warren, and I shed light on strategies and philosophies that make a successful property investor. We reveal that the high-achievers do not come from a cookie-cutter background, but instead, a wide array of life stories and…
