Buying Auction Property – The Complete Guide

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BAP The Book.

80,000 Words of Real, Hands On, Practical Advice on Buying Auction Property (BAP) by Property Auction Expert David Humphreys.

David has been Buying, Fixing-Up, Letting or Selling Auction Properties throughout the UK, London, Oxford, S.Wales, M60 Corridor & County Durham, for Over 20 Years.

Auctions include a regular source of Distressed/Run Down Residential Property of all types from ELA Flats & Houses through Miner & Industrial Housing to Property Ripe for Conversion (Splice & Dice). All need Modernising for the Specialist Strategies of NMLI & Tax-Free Rent resulting from Forced Appreciation that follows High Quality Fix-Up’s.

Ideally I buy houses & flats needing virtually everything fixing up, so I buy little more than the Box, the roof, 4 walls & floor, and they may even need repair.

The finished result is a fully modernised home, good for the next 100 years, with low maintenance costs but attracting high rents & sale values.

Buying Auction Property Chapter Headings:

You can read Selected Chapters to see whether BAP is for you by Clicking On the Chapter Title.

Try the 1st Chapter, Introduction…..

  • Introduction to BAP
  • Property Auction Overview
  • 7 Essential Skills For Success
  • 12 Reasons To Buy at Auction
  • Developing Your Auction Strategy
  • Analysing Regional Results
  • Lot Analysis & Due Diligence
  • Number Crunching
  • Legal Packs
  • Viewing Day inc 15 Min “Speed Viewing”
  • CAD Drawings
  • Valuations & Raising The Cash
  • Bidding Methods
  • Bids Off The Wall & Underwriting
  • Auction Day:
    • To Do On Arrival
    • Now We Buy
    • Buying Pre & Post Auction
    • Hammer To Completion
    • Buying Pre & Post Auction
  • Your National Power Team
  • Your Local Power Team
  • Insurance
  • Fix Up Tips
  • FAQ’s
  • Top Tips 1-5
  • Top Tips 6-10
  • Auction Anecdotes
  • Training Courses & Other Books

To read selected Chapters, click on a Green Chapter Title.

Buying Auction Property will be published in 2017 as a Paperback & e-Book.

If you want your Free-To-Reader Buying Auction Property e-Book email BAP@BuyingAuctionProperty.com

 

BAP The Addendums

Regional Addendums are designed to collate information on the hundreds of mini-markets that make up the UK Property Market.

A Region can range from a large geographical area, South-East England, which will be very different to North-West England, down to a city or town in the large area and then a distinctive identifiable area within the city/town, for example the “student” area which would justify a LIP Report, an article about the Local Investment Potential written by an active local investor/landlord with property in the LIP district.

Each LIP Report is restricted to between 3,000 & 5,000 words. This limitation will help dictate the number of different LIP’s in an Addendum.

Invariably each Addendum will include a LIP written about the investment potential of the County Town, but it may be that, by virtue of the size of the County Town or property market activity, the County Town, or another district, will justify more than one LIP. This will almost certainly apply to London and other large conurbations.

Reading (Berks) is a good example of a County Town which will justify at least two LIP’s if only because there are two very different letting markets, Family Housing & HMOs.

In addition, the Berkshire County Addendum will include LIP’s on other districts in Berkshire such as Bracknell & Sandhurst, Slough, Newbury & Thatcham, Windsor & Maidenhead.

In most Counties, in addition to the County Town, there are generally 2 or 3 more towns that would, at first sight, justify a LIP. The final decision on whether to write a LIP will be made after discussions with the Auctioneer who is strongest in that district.

Addendum’s, including LIP’s will be updated at least annually. The BAP e-Magazine, which is a single quarterly national e-magazine, will also include LIP Updates that max at 500 words.

If you are a Landlord/Investor and would like to contribute and help develop this knowledge base please email David@BuyingAuctionProperty.com.

 

BAP The Bulletins.

Buying Auction Property is The Expert Guide to buying property in auctions throughout UK.

The BAP Addendums focus on Regional & Local Investment Markets.

But neither The Expert Guide or The Addendums provide up-to-the-minute news on changing market conditions and other “latest” information on matters that are of interest to Investors buying at auction.

The BAP Quarterly Bulletins fill that gap.

Published as an e-publication, BAP Bulletins include latest news about auctions throughout the UK, including changing market conditions in the Locations covered, in depth, in the BAP Addendums plus any special offers or deals from our Sponsors.

The BAP Quarterly Bulletins are our way of keeping you, our readers, up-to-date in the constantly-changing fast-moving world of Property Auctions.

Interested in contributing? e-mail David@BuyingAuctionProperty.com.