The Property Podcast

TPP439: Is BMV dead?

Informações:

Sinopsis

Is BMV dead or is there still a way you can do a deal? In the property world we love bagging ourselves a deal. But right now, the property market is incredibly hot.   So, does that mean doing a deal or better yet a BMV (below market value) deal is almost impossible?  That’s what we’re going to explore in today’s episode so make sure you tune in.   If you want to learn more, check out our free course on how to get a deal.    In the news  If you listened to last week’s episode, you’ll remember that we were stunned by some data from the US property market.   It was the fact that the US property market is up 23% year on year which is crazy! We promised to investigate more into this and we’re keeping our promise.   That figure was based on existing inventory, not new build homes. So, the growth was actually 15.8% which still makes our own boom look like nothing.   This data was taken from a Forbes article where it looks at America’s states.   Another news story we spotted this week was ‘owners of low-ri