What happens at a foreclosure auction? Here’s how it works: Investors perform due diligence before the auction starts to determine their maximum allowable bid. It’s vital to stick to your bid number and not get caught up in the pressure of competition. Investors use foreclosure auctions as a way to secure deals because you can buy them for way below market value! Follow Two Guys Take on Real Estate for more tips and tricks to purchasing multiple real estate investment properties. #ForeclosureAuc

As real estate investors, attending foreclosure auctions is a key strategy to secure properties at prices below market value. But before diving into the bidding frenzy, diligent research is crucial. This involves analyzing property records, estimating renovation costs, and projecting post-revival market values. Armed with these insights, it's essential to establish a maximum allowable bid, balancing potential profitability and feasibility. This preparation enables us to make informed decisions s

17K views · 98 reactions | Come with us to a foreclosure auction for an inside look at how it all works! Have you ever purchased a property at auction? #ForeclosureAuction #realestateinvesting | Two Guys Take on Real Estate | Facebook

Watch me perform due diligence before a foreclosure auction! We got some really helpful information that we can use to make an informed decision about our bidding strategy! #investmentproperty #ForeclosureAuction #realestateinvesting | Two Guys Take on Real Estate