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Auction Won And Then Lost #19
Instant Equity--A Proven Real Estate Investment System
English - August 10, 2015 16:31 - 16 minutes - 11.6 MB - ★★★★★ - 29 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Instant Equity Is Your Cure To Risk In Real Estate #18
Next Episode: How You Can Do High Profit Probate Purchases #20
It was bound to happen. I was the successful bidder at an auction at St. Lucie County Florida. It was an amazing home in a gated community. It was on a corner lot, had a pool, lots of custom upgrades. I was all set to make a killing, at least $120k. I beat out half a dozen veteran pros. The auction was over and I was the high bidder, the winner. But then disaster struck, the owner had paid off the HOA judgment and I was left with nothing. That's just the way it goes when you're buying distressed real estate, you win some, you lose some. But you never-ever give up. It's a numbers game and as long as you use Mike's system, they work in your favor.
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