I got an email the other
week saying that some of my information is out of date.I have to agree a very small part of it is
but the principles are just the same.
However my new book will be
addressing all the new problems we face as investors trying to make some cash.
The problem highlighted to
me was the 6 month rule.No one will
touch a property you have bought to sell if you have owned it for less than 6
months.This is sort of true.However a bit of clever thinking and you can
get round this.
Take for example a cash
buyer.He can buy a property from you
without this need for you to own the property for at least 6 months. There are cash buyers out there and you can
easily get access to them.
Where? Auctions for a start!The way to really seduce a cash buyer is by
one way only:
PRICE
So make sure you buy right
and you can be a trader of properties in no time.Now obviously there is more to it than what I
have just said but the principle is pretty much this:
Buy cheap sell cheap.
Can you buy cheap? YES!
Can you sell cheap? YES!
So for those who have already
done a bit of trading in the past go out there and get some bargains and get
trading.Big cash buyers want
deals.If ever the seriously rich
property players come out to play then this is the time.And when they play they play big.
So as long as you are not
greedy you can make 10% of the market value simply by flipping properties.
If you want us to find you
seriously under market value properties that need work then get in contact!