Social Media Blueprint

How to buy homes at County Auctions, Part 1


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Auctions can be a fruitful money-printing machine in your real estate investing business. But they can create more headaches than moolah — especially if you don’t know what you’re doing. 

Most investors don’t do their due diligence — both before the auction and after they purchase the property — and that can cripple your profits (or even result in a loss). 

But it doesn’t have to be that way. Once you learn a few tricks of the trade, you can turn a profit from most auctioned houses you buy. 

In this episode, Kris Haskins, a multi-millionaire real estate investor who built his empire after losing everything, reveals the misconceptions about auctions, common pitfalls for investors, and how to buy profit-generating houses at auctions. 

Here Are The Show Highlights:

  • The biggest misconception about auctions that can wreak financial chaos on your business (10:46) 
  • The exact best time to place a bid at an auction to get the best price (13:43) 
  • The #1 biggest mistake rookies make after buying a house at an auction that can wipe out all your profits (17:07) 
  • How to deal with a tenant trying to rip off the doors of your newly purchased home (18:47) 
  • The “Cash for Keys” Method for getting rid of pestering tenants who won’t leave (20:48) 
  • Why every bad deal is your fault (24:12) 
  • How spending a couple hundred bucks will prevent you from blowing a couple thousand (26:47) 
  • If you have any questions for Mike or want to learn more real estate investing insights, you can send him an email at [email protected] or visit his website https://MikeWolfMastery.com

    Wish you had sellers coming to you instead of having to chase them down? We put together a free training for you over at http://socialmediablueprint.com/podcast to help you do this. Or if you want to schedule a marketing strategy session with me and my team, book your free session at http://socialmediablueprintpodcast.com/

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    Social Media BlueprintBy Nate Armstrong