Below you will find a few buy to let investor tips to help you maximise your investment and manage your BMV property portfolio effectively.

You should always try to purchase buy to let houses which are new or newly renovated/re-decorated. No body wants to do DIY we’d all rather be busy looking for new properties or counting our riches from our property portfolio. You’ll save yourself a lot of time and stress.

If you are a serious investor leverage your money. If you have £100,000 to spend don’t just buy one property split your money and get a 50% mortgage and buy two instead.

If you do at some stage need to fit a new kitchen or bathroom go for something basic, hard wearing and cheap. Wasting money on buy to let properties will only eat into your profit. When you are re-decorating go for neutral middle of the road colours. When people rent they generally like cream, magnolia and white walls. My last tip is no smokers, they stain the curtains, walls and can potentially cause fires, so make sure you tell the letting agent and clearly state it on the tenancy agreement.

As a BMV property investor sourcing property which is not only a good investment but discounted up to 20-30% below the market value is a tough prospect. This is why specialist companies like Property Banker exist. We help investors like yourself find the best BMV property at the price you need and in the area you need.

Related posts:

1. BMV Properties