There is so much uncertainty currently.
The Trump: Biden standoff, not only an unseemly
moment for the USA but for Democracy globally.
Due diligence can reduce uncertainty when investing
in residential property by spending a significant amount of time researching
and doing analysis before jumping to site visits.
• Can the area deliver your target yields and capital
• If it can, is this likely to attract your
ideal tenant type?
• And can you afford the type of property you want,
whether it be freehold or leasehold, or number of bedrooms?
If you are in rush to beat a deadline, what about the
sale status e.g. is there a chain? Has the vendor got other options which means
they might be less flexible on price?
All of this before physical site visits, which – for me – are not only to view properties but also to see how professional the estate agent is when conducting the viewing. Are they adhering to best practice Covid guidelines? I tend to use this as a proxy for professionalism. If they’re professional during the sale, they are likely to be professional management agents and serve you well during a lockdown.
If you would like help finding the right buy-to-let properties
for you then please get in contact.
My business focuses on helping time-strapped expats and busy
business people who don’t have the local presence, or capacity, to acquire the
targeted amount of properties for them. Property Venture® is an award-winning, Boutique
property consultancy that finds the right investment
properties for clients.
Compliant members of the PRS scheme and on the Advisory
Board of the Association of International Property Professionals (AIPP) the
business has been vetted, approved and voluntarily commits to Industry
Regulation and the Professional Code of Conduct. We are known for our quality
customer service and non-pressurised approach to sales. This is what our clients say