BMV sales themselves can set the tone of value, rendering the price paid the true value and not a discounted value. This concept is heightened when buying property from developers, particularly with regard to buying off plan. With this in mind, in this video I consider whether it’s truly possible to buy a property at…
Many assume that a property’s asking price equates to its value. It doesn’t, or at least, it might or might not, and it’s important not to assume that the asking price reflects the true market value. In this video I take a look at the major flaws with BMV and consider why valuation is an art, not…
When starting out in property it’s easy to believe that it’s all about buying below market value; after all, no self-respecting investor would attend a property networking event or post on any property forum if they weren’t negotiating furiously for 20%, 25% or 30% discounts from market value. But as I’ve mentioned before, although we…
Some say there’s one thing every successful buy to let property investor should do – and that’s buy an investment property where one can add value. There are certainly many advantages to doing this. In these videos, we’ll look at why buying a property and adding value by a refurb makes financial sense for any property…
If property is so easy, why do so many get it so wrong? Quite simply because many new to investing think that buying a “buy to let” is like buying their own home. I can tell you that it most definitely is not. Perhaps being a nation of homeowners makes us a bit complacent and…