In the past many property investors had a choice. They could either buy a bmv property and flip it making a quick profit in the process or hold on and let it. Nowadays, it’s a different story. You can’t rely on increasing values to support your bottom line, you have to think long term.

Some bmv property investors are against becoming landlords and generally source property they can quickly sell on. I on the other hand have a different view. I enjoy building a strong portfolio and watching the rent pour in at the beginning of each month. Of course there are drawbacks, but nothing is ever perfect.

In times like these it pays to have a long term strategy. I prefer to be an investor rather than a trader of properties. There is nothing wrong with flipping properties, especially, if you buy below market value. But to me building a tangible property investment portfolio for a future nest egg has always sounded more appealing than pension fund. I’ve heard of too many nightmare stories of old couples losing their entire life savings over night to want to go down that route.

Even though the property market is down at the moment there is plenty of opportunity out there to grab a really good BMV deal. We have lots of great below market value properties on our books for more information; please get in contact with one of our advisers.

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1. Property Investing for Dummies