New e-Book Shows How to Attack Property Bargains

Jan. 13, 2013 - PRLog -- Mel Laurence is a successful property investor and writer with over ten years of bargain buying experience. Holding an impressive property portfolio, Laurence's philosophy around property investing is simple. That is, you make your money on the way in. Laurence argues that this bargain buy-in approach can help to minimize the risks associated with property investing.

Laurence suggests that to be a successful property investor, you'll first have to find your 'inner shark'. Once your bargain hunting criteria are ticked, Laurence stresses that you'll need to attack property purchases with shark like precision. Laurence says, "there must be no distractions, no excuses, and no emotion - just attack the bargain and 'nab' the property!"

The e-book provides practical advice on how to nab property bargains. This includes strategies about how to:

Locate property bargains
Target desperate vendors
Get the agent on your side
Nab bargains before they hit the market
'Soften up' the seller
Manage bargain blockers
Play on opportunity costs,  and
Find agents who can close the deal.

Laurence also introduces readers to the $20k Profit Rule. Laurence suggests that if you can't make an absolute minimum of $20k should you have to sell the property tomorrow (after taking out sales, legal, makeover costs, and all other expenses), then walk way from the deal. Laurence explains, "this requires you to make very low offers." "Should a seller be offended by your offer, so be it." Laurence stresses that you need to be looking for people who are truly desperate to sell.

The How to Nab a Property Bargain e-book challenges readers to make a choice. Laurence notes that people can choose to make the leap into property investing as informed bargain-hunters, or they can sit back and do nothing. Laurence doesn't support leaping into property investing wearing rose-colored glasses - "buyers need to remain aware of the many traps that can bring them undone." But Laurence argues that if you do your market research, have a good team behind you, and manage the pitfalls of property investing, you should have the confidence to low-ball away, landing bargain after bargain.