Below Market Value Properties – How we find them

Introduction

In the current property market, finding below-market-value (BMV) deals can be a game-changer for property investors. BMV properties can be purchased for less than their market value, allowing you to maximise returns and gain a competitive edge. Here are key strategies for spotting these lucrative deals to build a profitable property portfolio. The good news is that YOU don’t have to. As a private investor, you can leave that to our team….it’s what we do!

1. Look for Motivated Sellers

Motivated sellers often need to sell quickly, which can lead to BMV opportunities. Reasons for this urgency can vary—from financial pressures and relocating for a job to dealing with probate property or avoiding repossession. Our experience has shown that many ‘motivated’ sellers prefer to deal with a woman which is why we formed a sister company.

2. Monitor Property Auctions

Auctions are a great place to find BMV properties. These properties are often sold by sellers seeking a quick transaction and may require renovation. Check auction house websites or online auction portals frequently. It’s essential to research each property thoroughly and attend auctions with a clear budget in mind to avoid overbidding.

3. Network with Estate Agents

Building relationships with local estate agents can give you a heads-up on properties that are about to hit the market or are underpriced. Estate agents often know when sellers are open to lower offers due to their specific situations. A good rapport with agents could mean you’re first in line for these deals.

4. Search Online Platforms for Distressed Properties

Although we have our dedicated software to find such properties, online platforms like Zoopla, Rightmove, and others often include listings marked as “distressed sales.” These listings are ideal for finding BMV deals, as sellers typically need a quick sale and are open to negotiating on price. Setting up alerts for distressed properties can help you stay ahead of other investors.

5. Consider Direct Marketing to Homeowners

Sometimes the best BMV deals aren’t listed online. Reaching out to homeowners through direct mail or online ads, targeting those in financial distress or looking to sell quickly can uncover hidden opportunities. Make sure your messaging is respectful and sensitive to their circumstances.

Conclusion

Finding BMV property deals requires patience, persistence, and a strategic approach. By focusing on motivated sellers, networking with estate agents, monitoring auctions, and exploring online platforms, you’ll be well-equipped to discover valuable opportunities. Start implementing these strategies to grow your portfolio with high-return properties.