EP 45 | The Auction Expert: Do This Before Buying Any Property At Auction! - Omer Mehmet
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 Published On Mar 14, 2024

Omer Mehmet is a mortgage broker and property developer who specialises in buying property’s from auction houses. In this episode we take a deep dive into what you need to know about purchasing auction properties & some of the things they don’t tell you!

Omer Mehmet
Instagram@trinityfinance6095@omzunderthehammer; @trinity_finance
Website: www.trinityfinance.co.uk

LTV Production
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Property by Kazy
Instagram: https://www.instagram.com/propertybyk...
Facebook:   / propertybykazy  
Website: propertybykazy.co.uk
PBK Community: https://mailchi.mp/999413936422/snhtl...

0:27 Introduction
1:30 How have the interest rates been in the last few years
7:50 How has changes in rates affected bridging
11:10 Boring is where the money is
13:50 What does auction look like for you when you shifted into property
16:40 Problems you encountered at auctions
18:30 How do you prepare yourself when buying in auctions
25:55 First things to establish at an auction
27:25 Auction workshops
28:06 Good parts of auctions
29:05 S.I.P. or S.A.S.
32:30 Top 3 Problems you have solved in property
38:50 Where do we learn risk tolerance?
42:07 What's your strategy on your own portfolio?
43:25 Lender's opinion on tea stations?
46:50 Wealth preservation vs wealth creation
50:20 Article 4
52:40 Thoughts on the current recession and where the market is going
54:40 Software for Auctions

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