podcast

How to buy under-market-value properties

Todd Hunter
0

Todd Hunter, Director wHeregroup

{{youtube id="c8SwkSF1xXU"}}"}}

For me to know that I'm actually buying good value real estate, I've researched my areas, I've gone there, I've spent time on the ground, I have no emotion to the property at all. I look for a whole bunch of suitable properties that I would look at purchasing and, say there was ten, I would just put low offers on the whole ten of them. So the best way for me to buy under value is by really low balling, insultingly low offers and you wait for the real estate agent to come back and say "Look, the vendor won't take your offer but let's negotiate". That way you know that you're going to be buying well below market because they're a desperate vendor who needs to liquidate and get out.

Listen to other instalments of The Smart Property Investment Show:
Episode 61: The ins and outs of strata: what buyers should consider
Episode 60: The pros of using a buyer's agent: why this investor brought someone in
Episode 59: How to invest in property as a team: two investors share their secrets
Episode 58: When do you stop investing? The SPI Show answers more listener questions
Episode 57: Wealth creation through property: trends and themes to think about in 2017
Episode 56: The SPI Show accountant reveals all: How to pick your financial team
Episode 55: The reluctant property investor: How necessity drove an 18-property portfolio
Episode 54: The SPI Show Q&A: Listener questions answered honestly
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%