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.
When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms. What’s conveyancing? What’s a pre-settlement inspection? What’s a trust account? And another term that is probably relatively unusual to new developers or investors is “easement”. So, in this article, we’ll outline what an easement on a…
Where do the wealthy live around the world? Let’s look at the world’s top 20 wealthiest cities ranked by High-Net-Worth Individual (HNWI): # City/Area Country HNWIs (USD 1m+) 10-years HNWI growth Centi-millionaires (USD 100m+) Billionaires (USD 1bn+) 1 New York City USA 340000 40 724 58 2 Tokyo Japan 290300 -5 250 14 3 The…
I have a question for you. Now, this will work best if you grab a piece of paper, and write out your answer. Here’s the question: Why is your money invested the way it is? Before you go on, write down your answer on that paper. I’ve had a blast with this question over…
It can be an exciting time when buying real estate, can’t it? As I’ve said before, though, successful property investment should be less emotional than buying a home to live in. Either way, we’re all human, so sometimes our emotions can get the better of us. The thing is one of the worst times for…
Today’s show is aimed at helping you become a better investor, entrepreneur, or business person with the help of the wealth lessons in Morgan Housel’s book, The Psychology of Money. Rather than property or finance strategies, Housel’s book is about the principles of behavioural finance. Understanding the effects of psychology on investors and financial markets…
Do you understand the importance of gentrification as a property investor? It’s something that many investors overlook and as a result, they rely on the general market for their property’s capital appreciation. Warren Buffet is quoted as saying “You will never be truly wealthy until you find a way to make money in your sleep”….
No matter how successful one is, everyone needs a little motivation from others – even Richard Branson. To find his inspiration for happiness, Richard Branson reflects on these quotes from some of the world’s most inspirational people. I hope you find them just as inspiring: 1. “Happiness is not a goal… it’s a by-product of…
The latest ABS Lending Indicators data reveals a surprising shift in December, marking an end to the recent growth spurt in new housing loans. A noteworthy decline of 4.1%, down to $26.27 billion, breaks the consecutive five-month growth streak. The most significant drop was observed in the owner-occupied segment, with new loan commitments plummeting by…
You’re never too old for anything in this life. Well at least that’s my motto – but how do banks, lenders, and the property industry at large regard older investors? Many people come to me asking if they’re too old to invest in property, fearing they’ve missed the boat and will no longer have the…
When most think of wealth, they think about money. The thinking goes, the more money you have, the wealthier you are. But wealth is about much more than money. True wealth is measured by how much freedom that money buys and how much fulfillment you have in your life. Money can buy you freedom, permitting…
