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Property Maven’s CEO Miriam Sandkuhler took some time to give her professional opinions on the trends in property investing in Australia for 2018. While she warns that she does not have a crystal ball she can say with certainty that what she is “forecasting won’t change unless there's an independent (or combination of) substantial adjustments to economic performance, employment, or interest rates escalating.”
As an expert in property investing and founding CEO of Property Mavens (property investment advisory firm) Miriam Sandkuhler frequently gets asked her expert opinion on what makes a property a good investment.
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.
The results are in for total growth over 2018, with Melbourne almost tripling that seen in Sydney. Our city had annual growth of 8.9%, compared to 3.1% in Sydney, according to CoreLogic figures. Melbourne was second only to Hobart, where the median dwelling price came in at 12.3%, but far ahead of Canberra, which had the next highest growth at 4.9%.
The silly season is almost upon us, and activity in the property market is proving to be strong in the lead up, with buyers and sellers both looking to transact before everything shuts down later this month. With only a few weeks to go before Christmas, now is an opportune time to see if you can bag a bargain before the year is out. Given the deadline, both real and psychological, many vendors want to ensure their property is sold by then, so they can switch off from ‘selling mode’ and enjoy their well-deserved holiday break. This means no more open for inspections, keeping the house clean or appeasing unhappy tenants, and it’s often a great start to the new year for them.
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!
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.
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.
The silly season is almost upon us, and activity in the property market is proving to be strong in the lead up, with buyers and sellers both looking to transact before everything shuts down later this month. With only a few weeks to go before Christmas, now is an opportune time to see if you can bag a bargain before the year is out. Given the deadline, both real and psychological, many vendors want to ensure their property is sold by then, so they can switch off from ‘selling mode’ and enjoy their well-deserved holiday break. This means no more open for inspections, keeping the house clean or appeasing unhappy tenants, and it’s often a great start to the new year for them.
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.”
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.