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How To Buy Property Investment Deals.
Even in the current depressed property market finding the right property deals for your portfolio can be challenging, Many investors, amateur and professional, have benefited from the rising market over the last decade or so, but what now when the property market has crashed but you still want to make money in property? The strategy should be to find property deals that will stand up in a slow and a buoyant housing market .
So what type of properties will give you instant profits in a depressed market? the answer...Find BMV (Below Market Value) Property which will give you instant equity allowing you to sell on, or hold for the long term, safe in the knowledge that you have a below market value asset in a depressed market with rents steadily rising.
Will property prices recover? well according to government figures the country needs to build over 200,000 new homes a year, just to keep pace and we are currently building less than half that number, so long term we believe it is a safe bet that they will!
Locating BMV property is not a simple thing to achieve, it takes a lot of hard work, but you do have a few options:
Use a Property Sourcing Company
They should be able to locate properties that meet your criteria. If you are using any Company, always make sure you do your full due diligence before committing to purchase
Build relationships with agents in your local area. Visit they on a regular basis so they get to know your face!
Leaflet drop.
This can produce fantastic results if done correctly as you can target exact local areas that you wish to buy in and know. You can get your leaflets printed at a fairly low cost and, if you’re looking to distribute in an entire town, rather than just a few selected roads, you can use a distribution company to drop them through the doors for you, again at a modest cost or your local paper may delivery them with the paper..
Put small ads in your local paper.
Property Auctions.
These are just a few ideas to get you thinking in how to keep buying in this tough market, remember historically property long term has always been the best invest! so good luck for the future
WWW.BMV-PROPERTY.COM 72 Overchurch Road Upton Wirral CH49 4NN 07919 117015
