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On my journey to become a professional property investor and developer I went along to my first property auction last night. I had read over the details of the property beforehand and looked in to the previously sold prices as well as the current asking prices in the area. I didn’t intend to bid but went through the motions as I would have if I was going to to get the full experience. I had calculated that my top price for the property in question was to be £160,000. This was perhaps a little under what one could have gone up to as I was edging slighty on the safe side, but that’s the way I will play these things anyway especially in the early stages.

The auction was Continue reading My first property auction