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.
One day Mr Shoaff said, “Jim if you want to be wealthy and happy, learn this lesson well: Learn to work harder on yourself than you do on your job.” Since that time I’ve been working on my own personal development. And I must admit that this has been the most challenging assignment of all. This…
![[PODCAST] From Research to Results: The Formula Behind Metropole’s Best Property Deals with Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2025/02/MY-podcast-Property_money_wealth-BW-270x200.jpg)
In this episode, Brett Warren and I discuss the intricacies of property investment, focusing on the importance of strategic planning, understanding investment-grade properties, and the role of buyer’s agents. We delve into the seven-stranded approach to property investment, share case studies of successful purchases, and provide insights into navigating off-market opportunities. The conversation emphasizes the…
When it comes to property investment, the allure of buying multiple lower-cost properties with high rental yields can be tempting. But if you’re serious about building long-term wealth, the strategy of acquiring one high-quality, investment-grade property generally yields far better results. Here’s why focusing on quality over quantity is a smarter approach to building wealth…
Let’s have a chat about Aussies and their savings habits. It’s a topic that often comes up, especially when we’re thinking about financial security and future planning. Average savings across the board On average, Australians have about $37,408 tucked away in their savings accounts. However, this figure can be a bit misleading due to the…
The goal for most investors is to accumulate enough wealth so their investment assets generate sufficient passive income to meet living expenses. If this happens, it is no longer necessary for you to work for an income and you then have complete discretion over what you do with your time. Wouldn’t that be wonderful! However,…
Have you noticed that property investors are surging ahead while first-home buyers and owner-occupiers take a backseat? The latest mortgage trends suggest this gap will only widen in 2025. With investor loans soaring, refinancing making a comeback, and interest rates shifting, the property market is entering a new phase, and if you’re not paying attention,…
If you’re thinking you can invest in cash flow to grow your wealth, I have news for you. While it never has been the case, especially in the current investment environment in 2025 , chasing cash flow might not be the most financially rewarding decision. Here’s why – and what you should do instead. What…
Ready to move into a new rental property? Don’t sign your life away on the lease agreement until you read our top eight questions to ask before you sign a new lease… 1. Can we conduct another inspection? Your initial viewing of the property was most likely a rushed affair, as you shuffled through behind…
There’s a lot we can learn from the late, great Nelson Mandela. He has left a lasting legacy of forgiveness and reconciliation. Lifehack has distilled is inspiration down to 10 life lessons from some of his great quotes: Never abandon hope or give up “The struggle is my life. I will continue fighting for freedom…
I was recently asked to distil my property investment philosophy into a few simple rules. Now that’s a big ask… Distil all the mistakes I’ve made and seen others make, as well as all the lessons I’ve learned and those of the many successes investors I’ve worked with into a view of simple rules. Anyway…here’s…
