If you’ve been in the real estate game for any length of time, you know about auctions. The Sherriff or other government entity uses them as a way to sell houses after a foreclosure period is over.
Investor opinions vary on the success you can have with ‘courthouse step’ auctions. One thing is for sure: Those government auctions would probably be a lot easier and more effective if:
- They were run by the private sector; and
- They were run online instead of making you show up on a certain schedule.
eBay has been selling real estate online for a number of years, but there aren’t a ton of good properties and they are from all over the U.S. It’s difficult to find a good deal that is in an area that works for you.
eBay is not a site tailored to real estate investors. It is an auction site for everything. And…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.