The number of Millennials reaching the family formation stage of their life is booming, and it’s creating an entire generation of Australians who are shaping our suburbs and property markets. Back in 2009, Bernard Salt wrote an article about Baby Boomers which, interestingly is just as applicable to today’s suite of Millennials. Back then, while…
*We’ve been ranked the #1 Real Estate Blog in the World by Feedspot for the last 6 years in a row!
Michael has been once again voted Australia’s leading property investment advisor and one of Australia’s 50 most influential Thought Leaders by the ‘Our Aussie Thought Leaders’ report.
He has probably educated more successful Australian property investors than anyone else, but he’s not a theorist…He has been successfully investing in property since 1971, is a leading property commentator and Australia’s most widely read property investment blogger.
Join over 2.7 million others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
your inbox
This question is one of the most common questions I come across from beginning property investors. You see, in markets like today, investors, buyers, and even renters are waiting to find out whether they should take the plunge now or wait for prices to come down… or even crash entirely. I’ll say right now that…
Common wisdom seems to suggest that you should diversify your investments. But is this correct? In my opinion, it is wrong, in fact, I remember reading Napoleon Hill’s great book Think and Grow Rich many years ago where he also said that successful people specialise in one area they don’t diversify. On the other hand,…
In an unexpected turn in the Australian property market, Adelaide and Perth are now nearly as pricey as Melbourne for the first time in up to 15 years, according to recent data. According to the latest CoreLogic Home Value Index, Adelaide’s median dwelling price jumped to $734,173 in March, a 1.4% increase, while Perth’s median…
In today’s episode, I’m going to share two lessons with you. The first is five ways I’m going to ensure that my property investments outperform this cycle. Hopefully, I’ll be able to give you some ideas for your investments as well. Next, I’m going to share one thing you need to change to become a…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. National home values rose 1.6% in the March quarter, the largest quarterly increase since the three months to November (1.9%). The shortage of dwelling both for sale and for rent, at a…
Have you watched too many episodes of popular television shows like The Block? Feeling inspired to take a run-down wreck and make it new again? It all looks so simple and glamorous, with random ‘beautiful people’ tucking their perfectly styled hair into oddly flattering hard hats. But the reality of a large-scale renovation project is very…
If you’re interested in property, you’ll know that our rental markets are in crisis. Vacancy rates have dropped to all-time lows, rental stock remains extremely slim, and rental prices continue to skyrocket. So how did we get into this rental crisis? How long will it last, what does it mean for you and me as…
Recently one of my nephews, who has taken a keen interest in property investment, asked: What’s the worst advice you’ve ever been given on real estate investing and what’s the best advice you could give me? The worst advice I explained that the worst real estate investment advice I was given was that property investment…
I’ve often said that any problem money can solve isn’t a problem – it’s just a question of how motivated you are to find the funds and get it sorted. But there are lots of things that money can’t buy, and when we’re so focused on those dollar signs we can find ourselves missing out…