Reducing Risks with Real Estate Auction Bidding (Case Study)
Автор: Liran Koren
Загружено: 2020-03-23
Просмотров: 4852
Bidding at the real estate auction can be very lucrative. It can also be very risky but if you have the right training, you can avoid the risks.
First, I discuss what it means to invest at real estate auctions. Then I show you my title search process and I walk you through how to analyze whether a property is worth buying or not.
You have to know what you're buying. You also need to do your due diligence so you're confident with your bid. Then you must calculate all the expenses that will go into the buying process as well as flipping it before you know the true profit that you'll make.
Often, you need to look at it in terms of volume. You might make a little bit on one property but when you multiply that with a high volume of investments, it compounds into great wealth.
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