You’ll often hear it said in property that “The value is what someone will pay for it” but technically, according to the RICS (Royal Institution of Chartered Surveyors) that’s not true.
And to (perhaps) make things even more confusing, value is an opinion, and more than one opinion can be right. Sometimes multiple opinions can be right!
So what is the value of a property, particularly your buy to let investment property, and how do we make sense of all this?
Here’s to Successful Property Investing.
Peter
Peter Jones
(ex) Chartered Surveyor, author and property investor
https://thepropertyteacher.co.uk
PS. By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same.
For more details please go to:
https://thepropertyteacher.co.uk/the-successful-property-investors-strategy-workshop