So in total taking compounding in to account the property price growth from May to August is 4.26%.  This means if you bought a house for £70,000 in May with the view to refurbishing it and selling it for £100,000, you can now expect to get £104,260.  So £4,260 miraculously appears from nowhere.  Nice!

 

All this means you are more likely to make a profit even if you get it wrong by £4,000 or so.

 

So looking 6 months ahead.  Without sounding like Bruce Forsyth on play your cards right do you think prices will be higher or lower?  If you say higher than you will win the car!  Or expect to at least.

 

It will take 1 month to find a property, 2 months for it to complete, 2 months to refurbish properly, 2 months to find a buyer and 2 months for the buyer to complete.  So in 8-9 months or so expect to make a profit of around £15,000 per property, even more if you go for bigger projects.

 

If you do think prices will be higher in the next 8-9 months and you want to make a quick £15,000 by buying and selling to an investor or first time buyer then get in contact.  We can find, refurb and sell the property for you. 

 

It is our armchair trader service which can drum up some large amounts of cash very quickly for those who wish to take on the risk.  To join costs only £99.

 

Contact us now for a no obligation chat.

 

 

Ajay

 

PS we have 2 deals in already which you can buy, refurb and sell and make £10k+

 

 

 

Posted on: 28th Aug 2009

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