
Property Guru Quiz
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Completed
Completed
Property
Do you know where the following are located in the area you are targeting?
Property
Do you know where the following are located in the area you are targeting?
Property
Are you considering areas designated by commentators as property hot spots in your plan?
Advice
Does your plan include the outcome that you want to achieve i.e. your financial goals?
Advice
Have you considered how life changes e.g. getting married, having (more) children, retirement may affect your plan?
Risk
Is your expert related to you or a friend?
Based on the book Property Prosperity - 7 Steps to Investing Like an Expert
By Miriam Sandkuhler
By Miriam Sandkuhler

Risk
Do you know the 3 questions to ask to ensure the advice is unbiased and only has your best interests at heart?
Team of Experts
Have you thought about how you can keep your investment if you were to lose your source of income?
Research
Do you agree that you should engage experts only when you have begun inspecting properties for sale?
Research
Have you consulted your accountant or financial planner about your investment strategy?
Research
Have you engaged a Buyer's Agent or Advocate to help you research, source, select and negotiate a property for you?
Research
Will you arrange for a solicitor or conveyancer to check the sale contract before finalising your purchase?
Research
Have you shortlisted building and pest inspectors to ensure the property has no issues?
Information
Do you know the rental vacancy rate in the suburb you are looking at buying in?
Based on the book Property Prosperity - 7 Steps to Investing Like an Expert
By Miriam Sandkuhler
By Miriam Sandkuhler

The Rules
Have you thought about what questions to ask an estate agent to determine the real level of competition for a property?
Portfolio
Does your portfolio plan include a review of drivers for rental demand in the areas where you own property?
Portfolio
Would you say all the properties you own are ares with high demand but low supply of property for sale?
Portfolio
Would you say your investment decisions have been made on an objective, non-emotional basis?
