The two laws of buy to let property

Laws are the foundation of building property successfully. If you break the laws of property you don’t go to jail but it will generally cost you money and sometimes if you really break the laws it will cost you a lot of money.

I have only two laws when purchasing buy to let property the rest are simply principles that I generally adhere to because they work for me.

So let’s jump straight into the first.

1st law – Always buy below value.

Let me start by contradicting this law. Investing in property is a long term job so it really doesn’t matter if you pay over the odds for a property. Given enough time you will make money. BUT%u2026 (and I love that word) but why would you pay full price if you can pay below market. Buying below market also means that you have greater flexibility and a quicker return.

Working with a property club will give you access to property below value. Even if its initial value may be over the odds the net result will be below value.

Click through to the rest of the article for the second and more important of the laws of buy to let property: The two laws of purchasing buy to let property…

~ by Brett Alegre-Wood on June 29, 2007.