I'm relatively new to the forum and definately new to property investment, but this year is when i get started, already looking at a number of opportunities, but I'm concentrating on places off the beaten track...
most nuy-to-let investors and BMV's are looking at the major towns and cities, but I'm looking towards rural markets where values remain high, some areas in the south west you cant buy a 1 bedroom flat for less than £120K...
So while the "investment gurus" are sitting on their over priced flats in Manchester & Leeds, I'm looking at Devon & Dorset.
1 example is a 10 bedroom house for only £250K... a little work and it becomes 3 flat leases and worth £560K so if all goes to plan £200K profit in less than 6 months.
anyone interested in JV let me know mccallum_bill at hotmail.com
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