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.
Who do you ask for property advice – whether it’s for your next home or a property investment? Let me tell you who not to listen to – don’t take advice from reality TV shows! In fact working with inexperienced or unqualified self-styled “property experts” can result in buyers purchasing a dud for an overinflated…
Today I’m going to share 5 ways I’m going to ensure my property investments outperform in this new property cycle. As we work our way through the second half of this year and the recovery phase of the property cycle, it’s typical to take a moment to reflect on the roller coaster ride of the…
Australia’s leading economists believe Australia can sustain an unemployment rate as low as 3.75% – much lower than the latest Reserve Bank estimate of 4.25% and the Treasury’s latest estimate of 4.5%. This finding, in an Economic Society of Australia poll of 51 leading economists selected by their peers, comes ahead of next month’s release…
Have you ever run into an optimist? Most who do walk away are energized, enthusiastic, motivated, well optimistic. Now contrast that to pessimists. Pessimists sap you of your energy, enthusiasm, and motivation and drag you down in life. They push you away and make you want to run for the hills. By a wide margin, the…
Rapidly rising interest rates have seen Aussie property investors forced to fork out tens of billions of dollars in extra mortgage repayments, new analysis has revealed. Property Investment Professionals of Australia (PIPA) calculations show the characterisation of landlords as greedy by some politicians are way off the mark. Based on figures and assuming averages, property…
Ella never knew when her credit card was going to be declined. It happened when she was shopping for groceries with her kids, or refuelling the car. That’s when she would discover her partner had cancelled the card or lowered the limit so she couldn’t buy essentials. Again. Ella* (not her real name) is one…
I’m sure you’ve heard of the “fixed rate cliff” – a term used to describe the expiry of a significantly larger than average number of fixed-term loan facilities, which were secured between mid-2020 and mid-2022. CoreLogic published a note outlining what we knew about the so-called ‘fixed-rate cliff’ in February this year. It was a forward…
I believe demographics are going to drive our property markets moving forward and that demographic changes, how many of us there are, how we want to live, and where we want to live are going to be more important over the long term than the short-term fluctuations caused by rising interest rates or government interference….
If you’re like most Australians, you have at least one credit card and one debit card in your wallet or on your smartphone. They may look alike – pieces of plastic with 16 numbers across them, expiration date, and a PIN code; but that’s where the similarity ends. Actually, they’re very different beasts. So how…
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Have you ever wished that you had more money, without all the fuss and effort? Maybe you’re concerned you won’t have enough saved for retirement. Fortunately, there’s actually a simple way to accomplish those things if you’re willing to learn how to put your money to work for you. It’s called compound interest, and it can help…
