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.
Property investing doesn’t seem like it’d be all that difficult, right? You buy a place, jazz it up, rent it out and enjoy the returns. How could anyone make too much of a mistake? Right? If only it were that easy. In reality, there are actually plenty of different mistakes, missteps and errors that can…
Want to know a secret? When it comes to making money as a property investor, one thing is true: almost everyone can do it. The reality is, anyone who sets their mind to it and has a clear budget, strategy and purpose can be a successful property investor. That said, there are definitely some qualities that the most successful…
It’s clear that Australia is suffering from a chronic property supply shortage, and with a focus on our rental crisis and high mortgage costs, the pipeline of residential construction will be more important than ever. The problem is, many viable solutions – such as the Government Housing Accord’s commitment to building 1.2 million new homes…
The fact is, most people work for someone or some organisation. From the employer’s perspective, their employees represent an investment; an asset. From an employee’s perspective, their employer is a means to an end. That end, for most, unfortunately, is a pay cheque. A select few, however, are in it for more than a paycheque…
Robert Kiyosaki’s “Rich Dad, Poor Dad” series of financial books have massively changed the way many people think about money and investments. I learned a lot from Robert Kiyosaki over the years, but I disagree with his real estate investment philosophies, which don’t really work in Australia. However, there’s a lot you can learn from these…
This blog’s title is a bit deceptive, because every property you buy is important, for either lifestyle or financial reasons. I contemplated using the title: “why the first property you buy is the most important one”. But the reality is, if you have made a mistake on your first property, you can always start again. The…
Successful people generally do things differently than the rest of the population. This is also true of successful real estate investors. So, what are the common traits of successful investors and how can you learn from them? 1. They aim for the top There is a great quote from Swami Vivekananda, which is an example of a positive life tip that…
Chinese investor appetite for Australian residential real estate has accelerated during 2023 as buyers rush to secure a slice of the market ahead of other foreign investors. In the year so far, Chinese buyers have purchased a total of $3.4 billion worth of approved residential real estate purchases, up 40% from last year, according to…
When you look in the mirror who do you see? Do you like what you see? Do you see someone who is going to make their mark on the world, achieve great things and make the world a better place? Or do you see something less? Successful people do not rely on chance. They proactively…
Here are some interesting Australian property facts you should know. They’ll come in useful when the property pessimists, who are out once again now that our property markets have made up all the ground they lost in 2022, get into your ear: 1. There are 11.1 million dwellings in Australia. The combined value of residential real…
