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Property is a wise investment, if you’re smart about it. It is also a big step and even the smartest people can make mistakes if they don’t have the right information and professionals helping them. Miriam Sandkuhler, CEO of Property Mavens (property investment advisory firm) shares the top 5 mistakes she has seen smart people make over the years of running her property advisory firm and offers up some great tips on how you can avoid making those same mistakes.
Miriam Sandkuhler, CEO of Property Mavens (independent property advisory firm) gets candid about the top 3 fears that prevent property investors from buying. From years of experience and expertise, she sheds light on these common fears and how to get beyond them.
Do you want to secure your financial independence by investing in property? “People fail all the time but never talk about it” according to expert Buyer’s Agent Miriam Sandkuhler. In her many years of experience, she has seen a lot of mistakes, for example, “people buy a property based on biased advice only to have it lose value five years later.
As a property investor you have worked hard to have the extra income to invest in property and seeing an increase in capital outcome is important. Beware of the hidden pitfalls when making a property choice. You don't want to make an expensive mistake. Expert Buyer’s Agent Miriam Sandkuhler reminds investors to “avoid the mistake of thinking that free advice is good advice.”
Have you been thinking about getting into property investing? You may feel excited, confident and ready to jump in, however there is fundamental groundwork and education that needs to be done before venturing out into the tricky world of property investing.
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!
So, you have decided to buy a home or investment property. Great! Between the time you make that decision and the time you sign papers to make an actual purchase a lot of steps have to be taken. What buyers often underestimate is the power of having a buyer’s agent in their corner. You may have thought you can represent yourself on this important and expensive transaction of purchasing a property.
Purchasing a property as an investment or as a home can be a painful process. First you need the skills required to find a property that matches your criteria and then there is the risk of overpaying or missing out on the property if you don’t act fast enough. A home buyer may face different challenges than a property investor, but regardless of your circumstance a buyer’s agent can help ease the blow of searching for a property and ultimately purchasing it.
Purchasing a home can seem daunting. After all it is a big decision with many factors to consider. It is one thing to have buyers remorse over a $200 sweater, but another to change your mind on your “dream” home after having spent hundreds of thousands of dollars. Buyer’s Agent Miriam Sandkuhler has seen it all after working extensively with home buyers and she shares what pitfalls to avoid before making a purchase that can save you from feeling more than disappointed.
What are some of the things that you need to consider in buying a home or investing in property? Important Criteria to Consider as Homebuyer or Property Investor There are different drivers in play when a home buyer searches for a home to purchase versus an investor looking for an investment property. Key factors such as primary objectives, personal criteria, and emotion play important roles on what, where and how you choose it. If you are looking to purchase a home or investment property then these are some points to be aware of.
July 2017 - Statistics show that the majority of property investors own just one investment property. The rise of the renting generation has been widely reported in recent times, and this seems like a sound leasing opportunity if you buy right.
July 2017 - Buying property is much like a game: the seller wants the highest price they can get for the house, and the buyer wants to buy at the right price. Add a real estate agent to the mix and you’ll need to play your cards right to ‘win’ the prize.
