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.
Is thankfulness a survival skill? Perhaps most of you would respond with, “No, Jim, thankfulness is not key to survival”, and I would tend to agree with you. Most of us have probably already solved the necessary problems of survival, gone beyond that and are now working to achieve our desires. But let me give…
Today, we’re tackling one of the most exhilarating—and sometimes nerve-wracking—aspects of the real estate market: auctions. Around Australia, weekend property auctions have become almost a national pastime. People love to go along to have a sticky beak, to get an idea of the market, to fantasize about their dream homes or just to watch the…
What we saw during the Covid period was not only a decline in population growth in Australia, but we also saw a drop in the interest from people living overseas buying new property and existing homes in Australia. Ten years ago, some 17% of new homes sold to overseas buyers. This attention dropped to around…
Australia has long been one of the most expensive places in the world for buying a house. Now, it’s apparently also one of the costliest places to sell one. Recent reporting in the Guardian has raised concerns about the market dominance of Australia’s two main real estate advertising websites, realestate.com.au and Domain. Facing little competition,…
Do you have a principal and interest home loan? Well if so, read on as this tip could save you a fortune over the years. It’s a method to best manage your home loan repayments in order to save not only interest but years on the life of a standard, variable-rate home loan. While most…
If you use your own car for work purposes, you could be eligible to claim a tax deduction for car expenses, whether you own your car outright, are leasing it or paying it off. The Australian Taxation Office explains that you can claim a deduction for car expenses if you use your car to: Perform…
There is no one perfect formula to achieve success, which is probably a disappointment for many people! Alas, too many people think they can simply follow one person’s individualised model of success and achieve the same stellar results. The issue with this idea is that everyone’s path can be very different because each person on…
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life, I like to begin my presentation by asking the same three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in…
If you’re like me, you like reading motivational quotes. I’m particularly intrigued by those of successful investors. Here are a few great ones… George Soros: Good investing is boring “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” Howard Marks: Investing is about more than selecting…
Whether you’re a home buyer or an investor, when you’re looking for a new property there are so many things to consider. Determining the best property to buy isn’t as easy as picking the nicest-looking house in your local area. From location to school zones, demographics, and even the number on the mailbox, there are…
