| Comment | Hey, I'm a long term property investor, here's a few pieces of advice from my experience....
1. As others have said, don't pay over the odds. Be patient
2. The market is always slower in the winter, not many people want to move house before Christmas, and everyone wants to move in the summer. With the stamp duty holiday ended I think the market will cool down in the upcoming months.
3. Don't be fussy. Bottom line is, popular properties will always fly off the shelf, but there are bargains to be had if you're willing to compromise. Maybe it's not the perfect area, or it needs work done, there are tonnes of properties available.
4. View a lot and offer a lot. In a red hot market you really should be viewing at least 10 per week and offering on many of them.
Its not easy, but patience and perseverance will get you a property.
Good luck! |
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