Buying to sell

Is Profit your goal

This may be a useful start to a checklist if profit is your goal:

  • Buy at the right price.
  • Buy in the right location, and at the right size.
  • Build relationships with best-performing local agents before you buy ; agents you value and trust implicitly because they are the agents to see your purchase-to-sale activity through, however long, be that five, ten or 15+ years.
  • Buy a property where entertaining is obvious or you can create through connecting indoors and out.
  • Recognise the difference between proximity to train line and proximity to station.
  • Understand your buyer long before you put the property on the market.
  • Don’t get emotionally attached to the property: it is business.
  • Don’t overcapitalise (see above)
  • Know when to hold, when to ‘fold’! Some may be fortunate with a quick turnaround, but most investors buy for longer term profit.

Posted in Uncategorized on 26 Sep, 2017 | Comments Off on Buying to sell