Archive for auctions

Buying REO Properties at Auction
What to Expect & How to Buy

So many properties have been foreclosed on and repossessed by the banks which are using “ballroom auctions” to liquidate the extreme excess of properties they have in inventory right now.  Many times these REO’s sell for 40-50-60 cents on the dollar!  There are some incredible deals to be had at these auctions, but you MUST know what you are doing to play in this game.  The deals are plentiful if you know what to look for and what to avoid.

Atlanta REIA West MeetingCome join us on Monday, February 28th at 6:30 PM as we kick off our very first Atlanta REIA West Meeting at the Cherokee Cattle Company located at 2710 Canton Road in Marietta, GA, where Leslie Mathis will take you step-by-step through what you can expect, and more importantly, what you need to know, to successfully buy REO Properties at these ballroom auctions.  She will even cover a couple of strategies that will allow you to make quick cash without long-term ownership, simply by putting these properties under contract, then finding investor-buyers for them.  Get paid thousands of dollars in just 30 to 45 days!

Atlanta REIA West wants to hear from you—your input is needed!  Come network, learn, and mastermind with us as we kick off this exciting new group.  This will be your opportunity to let us know what’s important to you, what you want to see and hear, meeting topics, etc. at future Atlanta REIA West Meetings.  This is your group, so let us know what you want it to be.  Come be a part of custom-building this group to your desires! Whether you are brand new to real estate or a seasoned investor, you will find this evening to be both very informative and entertaining.  Atlanta REIA Members can attend this meeting for FREE. Other REIA members and guests only pay $5.00. See you there! Read More→