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.
As a property investor, one of the toughest decisions you’ll face is choosing the right professionals to manage your property. Their role is an important one. They’ll be in charge of advertising, conducting inspections, vetting potential tenants and organising maintenance – not to mention ensuring rent is paid in full and on time – so…
One of my children’s favourite stories was the Very Hungry Caterpillar. No matter how many times they heard the ending; there were always gasps of amazement when the caterpillar changed into a beautiful butterfly. What seemed like a miracle to them is actually a normal part of the life cycle of many insects, but it…
Have you ever wondered why the rich keep getting richer and how you can join the ranks of the wealthy and successful? There’s been a lot of research into this question, including by my good friend and guest today Tom Corley who spent 5 years studying the rich, which he then documented in his first…
![Which countries have the highest inflation? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/11/inflation-270x200.jpg)
Inflation is surging nearly everywhere in 2022. Geopolitical tensions are triggering high energy costs, while supply-side disruptions are also distorting consumer prices. The end result is that almost half of countries worldwide are seeing double-digit inflation rates or higher. With new macroeconomic forces shaping the global economy, the above infographic shows countries with the highest…
Few sectors of the economy are as sensitive to interest rates as the housing market. During 2022, eight successive rate rises aimed at offsetting high inflation sent tremors across the market causing buyers and sellers to sit on the sidelines paralysed by a lack of confidence. However or markets did not crash like some of…
Have you wondered how the Covid-19 pandemic affected our property markets? Well, for one, preferences for different locations and property types have changed extremely quickly, and the housing market is still adjusting. These changes go beyond the once in a generation property boom we experienced which were largely driven by lower interest rates and various…
Have you played Monopoly recently? Monopoly has been a classic board game for over a century. It’s a real estate trading game played for fun… and for a chance to be a real estate tycoon. I recently played with some of my grandchildren, and while it annoyed me that I wasn’t able to borrow to…
The Australian property market has seen its fair share of ups and downs over the past few years, and 2023 is shaping up to be no different. As we head into this new year, there are a few key themes that are expected to dominate the market. These themes will have an impact on the…
If you’re looking for more success in life – be it in your property investing, wealth, or money management, today’s episode of my Podcast is for you. I’m going to share 2 sessions with you – in the first one, I will discuss 21 reasons many people are terrible at managing money. And even if…
In my speaker role, I am often asked by someone, “How important is luck with respect to becoming rich?” It’s a very good question. There are certain self-made millionaires (Saver/Investors), where luck does not play much of a factor. These millionaires become rich by saving and prudently investing their savings. Time, more than luck, is…
