Distressed Assets

This is possible right now at property auctions, probably the best time to invest since 2008.

As people sit on the sidelines, just like 2008, others are accumulating with an eye on their medium to long-term goals and aspirations.

Buy when others are selling, not when everyone is buying.

Don't be the person in 10 years time thinks, 'if only.....'

Many people think that a distressed property is one that requires renovation or refurbishment. That's not the case.

A distressed property is where a seller wants to sell quickly and is willing to take a discount in order to get cash quickly.

That could be a receiver, administrator, it could be probate. It could be private individuals, it could be anyone for any reason.

This property was acquired two weeks ago at auction by one of my mentees. It has £40,000 pounds inbuilt equity and yields over 11% at market rent.

This is a fantastic deal.