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Buying into English: Language and Investment in the New Capitalist World (Pitt C

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Rental Property Buying Questions – 5 Key Questions That You Have to Remember to Ask!

This article will give you five essential rental property buying questions that you should ask whenever you are considering buying property for investment purposes. Failure to ask these questions could end up with you wasting time attempting to do a property deal that was never really a deal to begin with, or it could end up with you losing huge amounts of money.

How long have you owned the property? – Novice property investors and developers regularly fail to ask this question and therefore end up spending hours researching and haggling on a property deal that was never really going to happen in the first place. The reason this is such a key question is because once you know the answer to it, you are 60% towards working out whether the person selling can afford to sell to you cheaply enough for it to be worth your while. For example: if the person in question has only owned the property for two years it is unlikely they will have enough equity in their property to be able to sell you their property at 15% plus, below market value. On the other hand, if the sellers have had their property for over 10 years there is a good chance that it will be worth almost double what they originally bought it for; therefore, there is a much larger likelihood that they can absorb a 15% plus, below market value offer.

Why do you want to sell? – This question will help you to access their motivation for selling. If they just want to sell because they think house prices have gone up recently and they want to cash in on this fact, then you are probably not going to be able to buy their property at a good price. Alternatively if they need to sell quickly because they have got themselves into financial difficulty or their job has relocated to a different area and they need to move with it, then you might be able to negotiate a good discount.

How quickly do you need to sell? – The answer to this question will again be a key indicator as to how motivated they are. If they say that they are not in any great rush and they will sell as soon as they get a good price, then you will probably not get a good deal. If they say they need to sell this month because they have already put in an offer on another property and it will fall through unless they are able to sell their property within the next month, then you might be able to negotiate a good below market value deal.

Is there any debt secured on the property and what sort of debt do you have secured and unsecured? – This question might seem a little intrusive, but it is essential. If they have a property that is valued at £200,000 and they have a mortgage on it of £150,000 and they have £25,000 of secured or unsecured debt that they wish to pay off, then if you already know that the maximum you can offer to make the deal stack up for you is £165,000, then you know straight away that this deal is probably not going to happen. If you had not asked this question, then you would probably have wasted your time and money pursuing a deal that was never realistically going to happen.

Would you like to be a tenant in the property after we have bought it? – People that need to sell because they have got themselves into financial difficulty often don’t actually want to move. This is especially true of families who have kids who are happy at local schools. If they would like to still live in the property you potentially have the makings of a ready made tenant and once you know this fact, it can help you think of ways to create a win win situation, a lot easier.

The list of five rental property buying questions above is by no means exhaustive and there are many other things you need to know and find out about; however, the above list should give you a nudge in the right direction and help you to make more financially sound decisions.

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Rental Property Buying Tips – 4 Tips That Can Help to Transform Your Property Investing Business!

This article will give you four tips that can help take you from barely making any profit from property to making huge amounts of money. If these tips are followed they can be the missing ingredient that will catapult your property investing career to the next level.


Don’t be afraid to put in low offers – If you really want to make a profit from property you need to go beyond your comfort zone. Sometimes the only difference between someone that consistently manages to buy property at 25% below market value and someone that can only manage to buy it at 10% below is the ability to put in low offers. You have to be prepared to occasionally squirm when you put in an offer because it is way below market value.

You don’t want to necessarily do this all the time, but you should consider in when there is a property deal where the figures do not stack up. Sometimes property investors know the only way a deal is going to stack up is to offer 35% bellow market value, yet they don’t do it because they either don’t want to be disrespectful to the vendor or they just lack the courage. In effect they make a decision to lose the deal instead of making an offer.

If instead of doing this you make the offer of what you can afford to make the deal stack up and explain a bit to the vendor about why this is all you can afford to offer, then the ball is in their court and it is their decision whether they will take the deal or not, but the deal is still live and on the table. Even if they refuse the deal there and then, still leave the deal on the table because if they don’t manage to sell the property in the next few weeks or months they might well give you a call. You might only end up buying about 5% of the properties that you attempt to, in this way, but that is 5% more than it would have been if you did not put a deal on the table and give the vendor a chance to consider it and say yes or no.



Create Profit – If you can, buy properties that you are able to quickly and inexpensively add value to. This might be properties that you are able to create an extra bedroom in for minimal extra cost or it might mean properties that you can create a driveway that will add thousands onto the value. Whatever the case happens to be, if you can find properties that fit your strategy and that have potential that hasn’t been taken into consideration in the selling price, then you should do what you can to buy them.




Network, network and then network some more – Property investing is not static; it is a constantly changing dynamic way of making money. One of the best ways to keep up with all the changes that are happening in property and to keep on top of any new advances that you should take advantage of, is to network with other property professionals. This doesn’t just mean property investors or developers; it also means, mortgage brokers, solicitors, estate agents and anyone else that is involved with property and making a living from property on a daily basis. This is an effective way to stay on the cutting edge of what is happening in the property World.



It’s a numbers game – When thinking about rental property buying tips, one of the major tips that is sometimes overlooked is that you have got to be prepared to play the numbers game. You have to to look at enough properties to be able to buy the right ones below market value and you have to be able to crunch the numbers to make it work.

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Article Source:
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Buying UK Property

Every year, more and more people decide that they want to buy into UK property, there have been some slips with the house market not being great but it is getting better and as such more and more people are looking at buying. You can be mislead into thinking that buying property and moving to the UK from abroad is a simple process, however, you shouldn’t just jump into buying somewhere without putting in all the relevant research and thought first.

Make sure you research the market. House prices in UK can vary from region to region. Also UK property prices can fluctuate hugely depending on the current state of the market. You need to make sure you follow these variations and fluctuations to make sure that you do not pay over the odds, at the time of writing this article you are able to find some very good prices but then again it works both ways and you may find some ridiculous prices which you do not want to be paying.

When searching for UK property you will be able to find all the details you need about a house through an estate agent or by asking if you are buying the property privately. Most estate agents give you all the details you need to think about before deciding whether or not to go and view the property in question.

Check your budget! This should be a bit of a no brainer, but it is all too common for a somebody to over evaluate your current money situation and decide to go and buy UK property and then find out further along the road that you do not have enough money to keep up with everything.

While looking for UK property you are able ask estate agents or use the internet, I would definitely suggest having a long look around on the internet before you decide to go viewing loads of houses as you may find the perfect house at a cheaper price. As it is easy to search different estate agents rather than just one when you go into a shop, so you will get more results for what you are looking for. Also you can sit down and search for houses in your own time and at a speed that is right for you rather than having to go and look for UK property in estate agents where you may feel rushed or intimidated. Overall I would say the internet is the best way to go.

You could well be the proud owner of a UK property if you play it right and don’t rush things, it’s the best way to do it. Good luck.

UK Property for sale.

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