Property Help · The Elite Sales Community

Property Help

The best properties to target for the majority of investors will be semi detached and terraced houses, typically 2-3 bedrooms.

The reason why I prefer targeting these types of properties that are freehold is because there is a larger pool of investors looking for these types of deals.

When you are sourcing and flipping the deal, you always have to out yourself in the mind of the buyer.

Example: what can I buy this for?

How much work does it need roughly (if it does need work)

What will it be worth done up?

What is it worth now (if it needs no or little

Work).

What do I need to offer to generate a 20% profit margin?

If I hold the property, what is the rental amount?

When I look on Rightmove is there similar properties up for sale within 1/4 of a mile? Or close by?

When I got to sold prices, is there properties like mine (the one your looking at) selling? This is known as a comp. A like for like comparable.

Basically, you always want to be making sure there is demand, either for renting, especially if the goal of the investor is to buy, refurbish, and rent.

Or if they are looking to

Buy, refurbish, and flip (sell), then the key is to look for any selling/buying activity.

I always like to avoid rural areas, you want to

Be sourcing deals 2-3 bedrooms, where there is good population, and demand.

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