property investors network

Finding property deals in your local area.

Today I went for an early morning walk. I decided to walk a different route and explore some streets around where I live that I have never walked down before. I was amazed at the number of potential property deals I found.

When looking to purchase an investment property the very best strategy is to find a motivated seller. One of the ways to find great property investments in your local area is to get out there on foot and get to know the area. This is such a simple strategy that many people overlook it, but it works. I promise you that you will notice things you won’t see if you drive around in your car. I want to share with you some tips on what to look out for so you can find some great property investments in your local area.

The first thing to look out for is of course properties for sale. Take some leaflets or letters with you, so that you can drop these through the letterbox at every house you see currently on the market. Make sure you also put a leaflet through doors of properties, which say they are sold as remember many sales fall through.

If you find a property with a couple of different for sale boards outside that is a good indicator that the owner may well be a motivated seller. Another good find, is a property with sale and select board outside this could be a potential purchase lease option.

The other thing you want to look for is derelict or abandoned houses. Note down the address and then you can go to the land Registry website to find out who is the owner and maybe contact them to see if they are interested in selling.

Regards

Simon Zutshi

9 thoughts on “Finding property deals in your local area.

  1. Mark Pattenden

    Hi i’m looking into starting a business supplying leads to property investers. I live in west sussex and have been interested in property for a while.Im 36 yrs old and looking for a second income. I would set a website up and market myself. I would then pass any details that I get from people to investers directly for X amount. If this is something you might be interested in then please email me. Thanks

  2. tarsem

    Simlpe and obious, but not so simple and obious if you don’t know what to look for. Valuable tips

  3. Robin

    Simon. Great tip. I get on my bike so I cover more miles and can get down the back roads that you drive past every day. I have my iPhone with me so I can take photos and make notes and then get back to the office to do the due diligence or look up the property on the Land Registry site.

  4. Kevin

    Good info but what is a sale and select board? Also what is the best way to look up property on the Land Reg site as I assume there is a cost each time you do this ?