Calling all property investors! Whether you are a beginner or an experienced property investor, have you thought about investing in a property that is below the market value? Well, after this article, you might consider doing this, so let’s not waste time and let’s kick it off.
When you think of comparing a pristine new build to a rundown rugged property, you automatically want to go for the nice property, we all have thought this at least once! But did you know that investing time, patience, and money into a rundown below market value property can actually bring you more money in?
That’s right! The property market has been one of the leading ways to create a wealthy income for years. While some invest their earnings into new and modern buildings, others tend to put luxury homes on pause and invest in rundown properties to refurbish and restore them. But why?
There are a variety of reasons why people choose this path, take a look below:

  1. Run-down properties are usually faced with less competition.
  2. The property’s price will be significantly lower than a recently refurbished home.
  3. If you are choosing to rent or sell once the refurbishments are complete, home hunters will be on the search for a home that has been recently renovated so they have less work to do when they move in.
  4. People usually do this if they want a “passion project” to work on.
  5. Repairing and renovating a property will give you the opportunity to house flip which means buying a cheap property, selling it for a significantly higher price, therefore you can take a profit from that sale.

Are you thinking of taking the plunge into becoming a property investor? Well, make sure to contact the team here at The Mistoria Group in order to receive nothing but the best advice and service in town. Our comprehensive service has allowed us to aid thousands of budding property investors to successfully begin their journey.
So, what are you waiting for? Do not hesitate to get in touch.