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Flipping foreclosures can be a highly profitable real estate investing strategy, especially after a housing market crash. But absolutely forget about offering on foreclosed properties listed on the MLS—bidding at auction is key to acquiring these homes. Take care to avoid these mistakes when doing so.
What are the biggest risks in buying a property at a foreclosure auction?
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Foreclosure Acquisitions In Massachusetts Is Not Going Our Way | Acquire Property
Foreclosure Acquisitions In Massachusetts Is Not Going Our Way | Acquire Property I just wanted to talk about foreclosure auctions in Massachusetts, which is a non-judicial state. This means it doesn't have to actually go through the court process to foreclose on. What was happening before Covid was I was seeing probably about 30 to 40 auctions per week in my area, and now with the whole Covid, I mean this week alone with only two auctions. Because they're only allowed or only for closing right now on only vacant properties, and even then, they're still apprehensive about it. So I don't know it's been a prolonged month this is how we were actually acquiring a lot of property. So this has kind of really kind of hurt the acquisitions. Check out our YouTube video: https://youtu.be/XrtVYAzwF54 #foreclosurehome #foreclosedhome #foreclosureauction
Foreclosure Acquisitions In Massachusetts Is Not Going Our Way | Acquire Property
Foreclosure Acquisitions In Massachusetts Is Not Going Our Way | Acquire Property I just wanted to talk about foreclosure auctions in Massachusetts, which is a non-judicial state. This means it doesn't have to actually go through the court process to foreclose on. What was happening before Covid was I was seeing probably about 30 to 40 auctions per week in my area, and now with the whole Covid, I mean this week alone with only two auctions. Because they're only allowed or only for closing right now on only vacant properties, and even then, they're still apprehensive about it. So I don't know it's been a prolonged month this is how we were actually acquiring a lot of property. So this has kind of really kind of hurt the acquisitions. Check out our YouTube video: https://youtu.be/XrtVYAzwF54 #foreclosurehome #foreclosedhome #foreclosureauction
Grt emailed priority access to all of the best deals on MLS EVERY Day.
12938 Kingsbridge Ln - Auctionmydeal.com
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The property is located in a subdivision whose school district has recently been changed from Beaumont County ISD (BISD) to Hardin County ISD. This change will result in lower property taxes for the Bevil Oaks area and Hardin County curriculum is rated better than BISD. House is under contract. We are selling our equity rights in the contract. Not selling the house.
GREAT Landlord or Fix & Flip on Galveston Island Duplex with 3 bedrooms & 1 bath up & 2 bedrooms & 1 bath down*Needs rehab, but has lots of Potential in HOT Galveston real estate market! Large lot behind house compared to most competition*Value play is to build another 2 units behind current units to Net More Money$$$
9 units Completely rehabbed within last 3 months, so all #'s are based upon actual rents of last 3 months. Property was vacant when current owner bought 9 units, so all expenses are projected and not actual, except property taxes & insurance. (7) 2 bedroom, 1 bath & (2) 1 bedroom, 1 bath units*NOI (Net Operating Income) potential is $48,505*Check out completed Rehab #'s & Sold Comps in the pdf's at the bottom of this page???
