Sourcing BMV Property

By Anthony Dixon

People who make money from property investment do not make money from the sale – they make their money when they buy. Sourcing property at a discount – below market value – is the most critical stage to successful property investment. It is possible to find property 25 percent or more below the true value on the retail market. By reading this guide you will understand:

•The type of property to look for that suits below market value sourcing
•What marketing techniques to use to find potential deals
•How to find motivated sellers and discount property using online tools
•How to qualify leads and turn them into deals
•How to package deals from property you have sourced
•How to attract interest in your sourced BMV property
•How to invest through joint venture by pitching BMV deals

Whether you are an investor yourself or have aspirations to be a professional property trader or dealer, this guide will give you the basics. From then on it is about experience and getting out there and viewing property in your area. Don’t waste thousands of pounds on expensive courses; all you need is the ability to find deals.

• Language: English
• Publisher: Anthony Dixon
• Release date: Oct 17, 2019
• ISBN: 9780463469484

Anthony Dixon

In the timeless words of Henry Brooks Adams, “A teacher affects eternity; he can never tell where his influence stops.” Embracing this profound wisdom, I believe that a life well-lived is one marked by the continuous exchange of knowledge and wisdom. As the author, I echo the sentiment that if you’ve journeyed through life without imparting something meaningful to the next generation, be it through teaching or learning, you’ve merely existed, not truly lived. Through my writings, I aspire to contribute to the tapestry of wisdom, leaving an imprint that resonates beyond the confines of time. I have written over five hundred Blogs, many dealing with Parenting, Relationships and Safe Driving with the hope that someone will benefit from them. Facebook inspired me to start writing, my first Blog sixty words long was posted on Facebook. From that day on I knew that Social media was a tool to share Knowledge. In the process of writing this Book, I have learned that you can face life, no matter what it throws at you. It’s all about resiliency of the human spirit.

Book preview

Sourcing BMV Property

Find below market value property with professional sourcing techniques

By Anthony Dixon

All rights reserved © 2018 Zepp Media

Table of Contents

Chapter One: Below market value (BMV) property

Chapter Two: Own your patch

Chapter Three: Qualifying leads

Chapter Four: Packaging deals

Chapter Five: Sourcing a house of multiple occupancy (HMO)

Chapter Six: Attracting investors

Chapter Seven: Joint Venture (JV)

Chapter Eight: Avoid mistakes when buying BMV property

As well as writing this book I have also produced a YouTube channel Dixon Property Deals. I have a training page offering courses on property analysis and sourcing.

Dixon Property Deals training page

Chapter One: Below market value (BMV) property

What is below market value (BMV) property?

Below market value property is houses and flats that are for sale below the value on the open market. The market value would be what the property would sell for through normal channels like estate agents.

The Royal Institute of Chartered Surveyors (RICS) defines market value as the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in arm’s-length transaction after property marketing wherein the parties had each acted knowledgeably, prudently and without compulsion.

Valuing the property involves comparing with other properties in the area and the level of demand which we will cover later in this guide. It is important to know that there are below market value properties that can make you a profit and there are also below market value properties that are money-pits that will cost you a lot to rectify and therefore are bought at the true value.

Investors and dealers can use various marketing techniques to source property in local areas for considerably less than the market value. Anyone looking for below market value will be aiming for a substantial discount, typically 20-25 percent BMV. There are professionals who can achieve more than this but it is rare. It is important to remember that lower-priced properties are more suitable for your search for discounted property. You are more likely to find people in financial