You are a budding below market value property investor with money to spend. But where do you start? As you maybe aware bmv property provides you with the opportunity to source property, which is up to 30% below the open market price.

Before you can do this though, you have to be aware of the basics. Here’s quick guide for all you beginners out there or a recap for all the veterans.

Get your objectives in check. Make sure you know why you want to invest. Do you want a pension fund, build a large portfolio or sell after a couple of years. Once these goals have been set you can plan accordingly.

Start with the numbers. It doesn’t matter whether you are sourcing below market value property or just an average buy to let, the numbers must stack up. Make sure you have your finances arranged before you start to look. Estate agents will take you far more seriously.

In today’s market if you can cover at least 125% of your monthly repayments you are in a good position. However, if you purchase a bmv property through Property Banker we can usually offer you properties with a very low initial deposit and great rental returns.

It’s important to do your research especially when the market is not as strong as it used to be. I suggest you look at recent property price movements, local rental prices and other socio economic factors. You can use sites such as nethouseprices, upmystreet and findaproperty to help you with your research. If you can also find information about future local transport links or rejuvenation, this can greatly affect future potential.

Please register with Property Banker if you wish to receive our list of latest below market value properties.

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