Are you looking to buy an investment property that you can rent out as a family home, or perhaps you wish to buy an apartment to rent out to a professional, or even a House in Multiple Occupation (HMO) for students. You may also be interested in buying a derelict property that you can renovate with a team of people to maximise your profit.

1. David Humphreys
Buying Property at Auction
Many of my clients who are interested in
investing in property ask me ‘How do I
buy property at auction?’
Firstly, you need to identify what type of property
you wish to buy.
Are you looking to buy an investment property
that you can rent out as a family home, or
perhaps you wish to buy an apartment to rent
out to a professional, or even a House in Multiple
Occupation (HMO) for students.
You may also be interested in buying a derelict
property that you can renovate with a team of
people to maximise your profit.
Finally, you might be looking for a ‘turn key’ investment that needs
no work doing to it and you may wish to use this as your own
home or to rent out without the hassle of having to do it up.
Once you are clear on what you want to buy, and what you want to
achieve from it, you should decide where to buy.
Do you want to buy locally in an area you know inside and out, or
do you want to find a key area that will help to maximise cash flow
and your long term profit?
Either way you need to be very clear and do some effective due
diligence.
www.david-humphreys.com

2. David Humphreys
Buying Property at Auction
Either way, it’s imperative that you identify your investment
strategy BEFORE you visit the auction.
Don’t buy on a whim or because it simply looks like a good
investment. You must define your strategy – whether you do this
alone or with a professional, so that you don’t get caught up in the
hype once you are at the property auction.
Once you have found an auctioneer that is selling property in your
chosen area, go along to the auction and see how it works, without
buying or intending to buy! And whatever you do, don’t be
tempted by what looks like a good deal!
See how it works, how people bid and what prices property are
selling for. Have an idea of how much you would spend were you
buying and see what you would be able to buy on the day in
theory.
The trick is to stick it out for the whole day and see what’s left at
the end. This is where deals are had – as many people have spent
their budget and left.
Go to a few auctions and stay until the end to get a real feel for
what sells at each stage of the auction.
Usually, it’s the traders that are left at the end when the novice
landlords have left.
Click To Listen To The Audio
www.david-humphreys.com

3. David Humphreys
Buying Property at Auction
This is where any properties that don’t sell are still up for sale, and
at the end of an auction where a property hasn’t sold you can still
negotiate.
You could even pick up a bargain for less than the reserve price..
so it’s really a waiting game.
David Humphreys
As an extra bonus to these downloads I often put links in to
additional materials that I think you may find useful. In the first
page of this document I included a link to the first part of an audio
interview I did on the subject of buying property at auctions.
Below is a link to the second part so I hope you enjoy that.
Click To Listen To The Audio
IMPORTANT...
I have also created an educational program which, if you are
determined to build a business sourcing low cost properties then
you must take a look at. The program is called the “Property
Auction Expert” Masterclass and runs over the course of a
month with classroom and on site days.
I can almost guarantee that you would never have come across an
educational training program that delivers so much. My goal is to
take on students who are dedicated and determined to succeed.
Details are on the next page...
www.david-humphreys.com

4. David Humphreys
If you are looking to buy property at auction, it suggests to me that you may
want to do it as professionally as you possibly can. The opportunities are
astounding for those who know the game and play it well.
There are many tricks of the trade and inside information that will enable you
to get the best bargains and make tremendous profit consistently.
Now I am in a position to share all my skills and knowledge with a small band
of dedicated students on the most comprehensive educational program I have
ever put together.
Property Auction Expert Masterclass
I have worked hard to create this
mastermind program to offer the
very best content, delivered in real
world situations.
Not only do you get a 1 FULL Day
workshop, but you also get out in
the field with me and my
experienced team. You will attend
Auction Viewing Days, going to the
properties themselves where I will
show you how to do your due
diligence is situ..
You will also go to the property
auction and experience the
atmosphere.
If you are interested then watch the
video and further information at
www.PropertyAuctionExpert.com
CALL : 0800 865 4311
www.david-humphreys.com