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TPP009: Property Investment Disasters

The Property Podcast

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How to Buy a Duff Property

The best thing you can do is make sure that you don't buy a Duff property in the first place. A homebuyer report normally costs a few hundred quid and covers all major parts of the house. It's written so it's deliberately easy to understand. You can take a look at it and see if there's anything wrong. That not only gives you peace of mind, but it means that if you do uncover any issues with the property, you can use that as leverage possibly to get the price down. The biggest profits typically are there for the properties that you can buy as a real wreck and do them up and make the profit in return for your hard work.

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