From the mid-1990s until 2007 those who jumped on the band wagon of refurbishment and sell achieved an easy win and many people made lots of money. The TV programs revolved around renovating and selling to build up to a £1m property and it felt like prices would rise forever. We doubled our own money on seven properties and increased a £1,000 deposit to £100,000 deposit in that time. Then things started to change, and the bubble burst, which meant that many investors needed to find other ways of making money from property and the casual investors backed off.

Now it seems we are breaking through the dip in the economy and prices are rising in and around London, the Home Counties, and a few pockets around the country so refurbs are back on the agenda. If you aren't ready then you need to get your tools sharpened as this will be the strategy to add lump-sums of cash to your pocket and experience to your portfolio in the next few years.

One way to ensure that you buy a property at a price that is below its potential value is to find those run down, tired properties and to bring them back to life. You need to be adding value not just through updating the property but by adding rooms, adding living space and sometimes splitting the property into flats or smaller units. The reason I say 'below potential value' is that in many regions currently prices (in comparison to mid-2007) are so low already that it can be very difficult to find huge discounts, so I'm going to show you how you don't even need to haggle with vendors on properties you want to buy.

For the last 3 years I haven't had to make a BMV offer, I've renovated one property every 6 weeks and turned them into HMO's that return over 20% ROCI. They churn over £1,000 net profit per month and I don't even have to take any of the money out of the property and I don't have to put any money in either - would you like to know how to do this too?