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.
The Christmas tree is a modern invention. It is a largely secular symbol, having no basis in the Bible. There are many trees in the Bible, from the Tree of Knowledge and the Tree of Life in Genesis to the reference to Christ’s cross as a “tree” in Acts. But there is no Christmas tree….
Are you trying to build enough cashflow so one day you can exit the Rat Race? Spruikers everywhere are using this to lure in many unsuspecting victims, we see it all around us from Facebook to Instagram and beyond. In reality, there is only usually one person who achieves this cashflow dream and that is…
Are you an optimist or a pessimist? That’s an important question because pessimism is a recipe for failure. A paper published by the University of Cologne in Germany in the May 2015 Journal of Personality and Psychology, in which more than 68,000 Americans and Europeans were studied, found that pessimism causes poverty. The study noted…
The Australian property markets are continuing to defy all those who predicted a downturn this year with an eleventh straight month of price increase in November, reaching a new record high. However, according to PropTrack, some markets are seeing growth slow as more sellers take their properties to market. The latest PropTrack data shows prices…
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…
