Deal-Getting
How You Can Make Bank at an Auction Using OPM - Part 2
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Hello Investors,
It’s Cody Sperber again coming back to you with Part 2 of this 2-part lesson. In Part 1, I explained how I came to purchase a property at a trustee’s sale (auction), and touched on some of the ins and outs of attending auctions and buying at auctions. I encourage you to head back to that lesson so you’ll be caught up for today’s follow up.
In Part 2, I want to focus on exit strategies. I try never to go into a deal without knowing how I will exit. That rule has paid off big time for me in my business.
Multiple Exit Strategies
I always go into deals well-prepared with multiple exit strategies, and this auction purchase was no exception. You can make money in any market. Houses will sell in any market, if you buy right by determining which is the best approach for that deal.
I scooped up this…
Cody Sperber
is founder and CEO of www.CleverInvestor.com. He's successfully closed many different types of real estate transactions including wholesale deals, short sales, multi-unit, subject to, lease options and my own proprietary investing strategy, the Reverse Short Sale. As a new investor he quickly gained a huge competitive advantage by mastering online lead generation, building one of the most successful real estate investing firms in the Arizona market. His companies have bought and sold hundreds of millions in properties and closed hundreds of real estate transactions. Before real estate, Cody served in the Navy and attended Arizona State, and he is now married to his best friend and has two beautiful children (Hudson and Brynlee).
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