Buying to sell on is a completely different form of investment to buy-to-let. Buy-to-let is a medium to long term investment, typically over a 10-15 year period. Buy to sell is all about the quick turn around, buy to turn, buy to renovate and turn, buy to split up and turn. It's all about keeping your cash as liquid as possible, not getting too emotionally invested in any one property, knowing when you have done enough to sell and moving on to the next property.

 

I'm sure you've all seen a typical week on a property investment programme on TV when Sarah would repeat the timeless words, "I believe this couple are getting too emotionally involved in this investment". It's the novice's most common mistake, getting too bogged down in the detail and missing the big picture. When you buy a property to sell, the last thing you should be thinking about is whether the property meets your standards. It is the standards of the audience you are hoping to sell the property to that you need to be considering and nothing more. There is no point buying a four bedroom property in the suburbs and spending a fortune making it a haven for multiple occupancy by city workers because your audience is far more likely to be families.