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.
Just about everywhere you look in Victoria, you’ll find someone struggling with housing – whether they own, want to buy, need to downsize, aspire to build, or are looking to rent. This is a grim snapshot of the current situation. Melbourne has the fourth least affordable housing market in the world, with a median dwelling price…
A tenant refusing to leave the rental is one of those nightmare scenarios no landlord or agent wants to have to deal with. But it’s one you might have to. So if your tenant isn’t budging, what’s next? Not paying and not leaving… It’s all well and good to have legitimate grounds to request your…
I know many Aussie households are doing it tough at present but according to the latest figures released by the Australian Bureau of Statistics (ABS) household wealth rose for the fourth straight quarter (+2.3 per cent or $339 billion) in the September quarter 2023. Total household wealth was $15.3 trillion in the September quarter, which…
Sixteenth-century astronomer Galileo Galilei stood on the shoulders of 15th-century astronomer Nicolaus Copernicus when he proved through his own experiments that Copernicus’ sun-centered theory was correct. Sir Isaac Newton, considered the father of physics and calculus, stood on the shoulders of Copernicus, Galileo and Rene Descartes. Albert Einstein stood on the shoulders of Galileo, Copernicus,…
$20 million… $30 million… No, it isn’t the lotto jackpot. It’s the amount of ‘legal liability’ cover likely to be included in a landlord insurance policy. The sums represent lots of zeros, but just what is liability cover and why do landlords need a cover with seven figures? Landlord insurance policies cover a lot of…
Australia’s population has soared to 26.6 million people, rising 2.4 per cent in the past year, as overseas migration reaches record levels, new data has found. Overseas migration has risen dramatically by 72.7 per cent in the past year, adding 518,000 people to Australia’s population in the 2022-23 financial year, according to the latest data…
We live in a world of consumption, where people seek immediate gratification with the latest and greatest gadgets and products as soon as they hit the shelves. Think about Apple and the ridiculously long line of people who queue for their updated iPhones! When it comes to money management and becoming rich, though, patience and…
Property investment is certainly not rocket science and while you don’t have to be a genius to succeed in real estate, it never hurts to learn from great minds when trying to achieve great things. Renowned for his Theory of Relativity, Albert Einstein’s wisdom extends beyond the realm of physics. On today’s episode, I explored…
How safe are your properties from defects? A new report by The Strata Community Association New South Wales (SCA NSW) has revealed that more than half (53%) of all strata buildings had serious defects between 2016 – 2022, with an estimated $79 million being spent by owners corporations to rectify these issues. This survey was…
When you change the Lens through which you view the world, your view of the world changes, forever. The Lens I’m referring to = your Assumptions, Beliefs, and Ideologies. When a new, unknown Truth comes along, it forever changes how you and everyone else see things. And once that happens, you will never see things…
