Why do people go bankrupt? And which professions are more likely to bankrupt. It may not be who you think… One of the largest registered bankruptcy Trustees in Australia, Aravanis has mined its data across 2017 and discovered that those with the following professions were more likely to go bankrupt than any other profession*: Managers (Sales, Marketing, PR,…
![[Podcast] Attention property investors – the tax man is after you and here’s what he’s looking for](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/10/MY-podcast-132-TAX-MAN-270x200.jpg)
If you’re a property investor, today’s episode is a must. Why? Because the tax man is after you – you and all property investors. Recently, the tax department recognised that 90% of property investors’ tax returns contain an error. 9 out of 10! They’ve found a number of common errors, and today Ken Raiss and…
Around a year ago I started a podcast for our property investor clients with the aim of assisting them to get the most out of their investing. We look after their depreciation schedules, but I wanted to put them in touch with experts to assist them with investing overall. The statistics show us that more…
Investing in property is an enterprise that can take a lot of research, advice and sometimes even trial an error to get off the ground. And, most importantly, it takes money. There are many costs involved when it comes to buying a property, one of which is the initial deposit you’ll need to put down….
Building wealth isn’t always easy. It can be very hard, depending on the path you choose. I learned from my Rich Habits Study that there are four very different paths towards accumulating wealth. Some paths are harder than others: Hardest Path to Building Wealth – The Dreamer/Entrepreneur Path Pursuing a dream can be the most…
With two-thirds of a global population of 9.4 billion people expected to live in urban areas by 2050, we can expect a change in the domestic living arrangements we are familiar with today. In high-density cities, the static apartment layouts with one function per room will become a luxury that cannot be maintained. The traditional…
![[Podcast] How to find a property manager who cares as much about your property as you do](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/10/MY-podcast-127-How-to-find-a-property-manager-270x200.jpg)
In today’s podcast, we’re going to talk about property management, and more specifically what a property manager does. There will be some things that surprise you. We’ll also talk about how to select a property manager, because if you’re going to build a business, a property business on the side, you’ve got to have one…
![[Podcast] Overwhelmed? These strategies will help | Build a Business, Not a Job Podcast](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/10/BAB-007-how-to-deal-with-Overwhelm-no-watermark-270x200.jpg)
Overwhelm is the feeling that everything is just too much, that feeling that we will never get everything done, that there are too many things in the to-do list at the end of the day and that we don’t have the time or the ability to do anything about it. Left unattended overwhelm can led…
What’s your biggest regret? I know I’ve had a few, but that’s life isn’t it? In a study published in the journal Social Psychological and Personality Science romantic regrets were the most common type. And women had twice as many romantic regrets as among men. For men, work regrets were most widespread. Here is the full…
Over the past 2 years both property buyers and sellers have been on strike. But since the middle of the year buyers are back in the market buoyed by falling interest rates and more certainty in our property markets following the “miracle” Federal election result. This has increased the turnover of property sales since the…
