Would you like a Cash Machine? Imagine flicking a switch in the morning and having it churn out money all day while you get on with the things you love doing. Building a cash machine gives you the freedom to take your hands off the wheel, live comfortably, and pass wealth on to the next…
Over the past two decades, I’ve advised hundreds of property investors at every stage of their wealth journey. Some were purchasing their first investment property, while others already had substantial portfolios and were seeking a clearer strategy to move to the next level. I’ve also worked with investors who owned several properties but found that…
Australia’s current housing downturn has ended the recent run of record resale results, with the share of profitable sales falling from a 21-year high and the median gain retreating from its March peak. Cotality’s latest Pain & Gain report analysed more than 94,000 residential resales in the June quarter, finding 95.4% delivered a nominal profit,…
Buying a property can be an exciting experience, and it is easy for emotions to take over when you find a home or investment that seems to tick all the right boxes. However, successful property investment should be approached differently from buying a home to live in because investors need to remain objective and make…
Smart investors still make expensive mistakes, and surprisingly often, the problem begins inside their own heads. We like to believe that our investment decisions are based on facts, careful analysis and rational judgment. Yet cognitive biases quietly shape which facts we notice, which risks we dismiss and which stories we choose to believe. They encourage…
For generations, Australians have responded to housing affordability pressures in a predictable way – when the home they wanted became too expensive, they moved further from the city. But something important is changing. Australia’s affordability problem has become so entrenched that many buyers are making a different compromise. Rather than simply changing where they live, they…
For years, the housing affordability debate has focused heavily on property prices, with the assumption that if home values fall, homes automatically become more affordable. But the latest figures from the Real Estate Institute of Australia remind us that affordability is much more complicated than the price on the contract. Australian house prices softened over…
You’ve heard every stereotype going around about property investors. Some commentators paint us as reckless speculators piling into debt we can’t handle, while others imagine a nation of mum-and-dad battlers gambling their super on a rental property they barely understand. The truth, according to the most comprehensive dataset the Reserve Bank has ever had access…
Most property investors don’t fail because they lack access to information. In fact, today they have more information, more data, more forecasts, more podcasts, more software, more AI tools, and more opinions than ever before. And that may be part of the problem. Because when your brain is wired for survival, uncertainty can feel like…
The Australian government is attempting to overcome a serious housing shortage by constructing 1.2 million new homes over five years. To be frank, the government won’t be building any houses, yet the industry responsible for building them is losing companies at an alarming rate. The problem is particularly severe in New South Wales, where a…
