When you buy a property below market value you might not be getting what you hoped for. If a BMV deal does not have a good rental yield then you won’t turn a profit. Worse still you might end up losing money month by month. A good rental return is essential to success in property and focussing entirely on discounts will wreck your portfolio.
The foundation to any solid, property investment strategy is going to lie in your skill at property sourcing which can be slow and cumbersome. We all know that searching through Rightmove and building your spreadsheets can be very time-consuming. Today we look at four alternative ways to source BMV property deals that will help you scale your portfolio much faster.
In this article, we’re going to be looking at two browser extensions which are going to make looking for property online a lot more efficient. These are Property Tracker for Chrome and Property Bee for Firefox.
This is probably my favourite of all of the property strategies to get started with when it comes to generating cashflow.
Property doesn’t always have to involve large deposits and deep pockets. Simply choosing the right strategy, you can create a property business with very little, that will give you the skills to develop a portfolio later down the line if you wished, AND give you short-term cashflow.
Sourcing suitable & below market value deals is the key to success in property regardless of your property strategy.
In today’s video we run through how you can source property in any town or city in the UK using a free tool and 4 very simple (and quick) techniques.
In a rising property market, finding BMV property deals can seem like hunting for a needle in a haystack. But take it from me, it doesn’t have to be that way. When you know what to look for you’ll come to realise that finding bargain BMV deals is simple. Follow these steps and if it’s local BMV deals you’re after you’ll be finding them on your doorstop.
The very first property sourcing deal I found using a leaflet was back in 2007.
It was a fantastic deal, a small 2 bed semi-detached house in a great rental area. It wasn’t on the market with any estate agents and in-fact they only contacted me as their mother had received the leaflet and passed it on to them.
Happy 2013 Everyone !
The start of the New Year, is always very exciting for buying property, as January brings a flurry of activity and opportunities, and after having put things on hold over Christmas – the most motivated Vendors look to sell their properties quickly.
So it can be a great time to start your 2013 marketing campaigns if your looking to buy.