Are You a Great Property Investor? Take Our Quiz To Find Out Your Weaknesses!
Property investing: How hard can it be, right? It’s an easy way to get wealthy. You research around, find a property you like in an area you like with good amenities and you purchase it.
After all, all properties double in value every 7 years. Wrong!
Real estate agents, property brokers, and developers have been dumbing down the process of property investing for years.
The truth is that while it can be a worthwhile investment, buying the right property at the right price is more complicated and time-consuming than you think.
In truth, it’s actually easier to make a mistake when investing in property, than it is to get it right.
Do you have property investment knowledge gaps?
According to Miriam Sandkuhler, long time buyer’s agent and owner of property advisory firm, Property Mavens, the problem most people have is that they “don’t know what they don’t know”. This can be dangerous. Miriam has noticed throughout her years of experience that, “People don’t make mistakes with what they know, they make mistakes on literally what they don’t know.” Miriam created the ‘property guru’ quiz (which she uses with potential property investment clients), as a starting point to find out what they know and where they need the most help.
Pinpoint your property investment weaknesses!
The quiz is designed to take you through a series of questions and gives you an overall score at the end. Throughout the process, there are different categories that each have their own independent scores as well. You will be able to pinpoint your specific areas of weakness, so you can learn more and educate yourself further on those areas. In turn, you can maximise your returns, minimize mistakes and reduce the possibility of losing money, as a result of making poor or ill informed decisions.
What categories will I be quizzed on?
- Your Property Investment Plan: What have you got in place? What are your objectives? What are you trying to do?
- Property Investment Research & Advice: Includes 5 categories
- Property Investment Outcome: How to go about getting a successful and profitable outcome
The results are in! Now what?
People lose money on property investments all the time. They simply never talk about it. Remember that when you seek free advice it usually isn’t “free” because it’s biased and often ‘sales’ advice. Generally speaking a project marketers, developers or selling agents of some sort are probably trying to sell you something.
Find out what areas you lack property investment clarity in by taking the quiz. If you score less than 81-100% in any of the categories you can educate yourself to ensure a better and more profitable property investing outcome. To start, Miriam offers her Amazon #1 bestselling book ‘Property Prosperity - 7 Steps to Investing Like an Expert’ as a resource tool and follow up to the quiz. This is an easy and essential read for anyone looking to succeed in property investment.
Rate Your Property Expertise
About Miriam Sandkuhler, Property Investment Advisor
With Diplomas in Property and Business Studies – in a non ASIC regulated industry, she’s uniquely qualified to develop and also fulfill successful and sustainable property investment strategies for her diverse range of clients - investors, SMSF trustees and home buyers alike.