How to Flip Auction Houses

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  • Опубликовано: 28 мар 2024
  • In this video, I'm going to show you how to flip auction houses and some of the things you need to look out for before making your purchase. Most auction houses can't be viewed before purchase, so I wanted to share some pointers on how you can make sure you're buying a good deal. Check it out!
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    #auctionhomes #foreclosure #jamelgibbs #realestate #investing #flippinghouses

Комментарии • 30

  • @jamelgibbs
    @jamelgibbs  3 месяца назад +3

    ↓Subscribe for more real estate investing tips↓
    reieducationacademy.com/RUclips-Subscribe
    Also, share and leave a comment below.

    • @theman-kq2uj
      @theman-kq2uj 3 месяца назад

      thomasville ga has a small population, so that does not matter

    • @jamelgibbs
      @jamelgibbs  3 месяца назад

      NC …. Not GA

  • @AberrantArt
    @AberrantArt 3 месяца назад +4

    I love these videos where you go through your thought process and procedures. Sharing red flags and what to look for. More like this please 🙏

  • @e.a.3682
    @e.a.3682 2 месяца назад

    Yes!! Auction course, please!! County Tax Foreclosure

  • @brianmitchell8479
    @brianmitchell8479 3 месяца назад +4

    Are those properties by any hospitals? If you decide to buy and hold, you could use it for mid-term rentals for travel nurses.

  • @getdropped-820
    @getdropped-820 3 месяца назад +1

    I would love to see the inside! Also excited to see what you do to bring value to the property as well!!

  • @WhipzByBlue
    @WhipzByBlue 6 дней назад

    Thanks for the wisdom. 👍🏾

  • @Gallaxyz
    @Gallaxyz 2 месяца назад

    Thanks for the dimes, and that Sergio go hard🔥

  • @judyhyslop9163
    @judyhyslop9163 2 месяца назад

    I would flip the house. But I’m just starting so I need to make money. I am one of your clients. Thank you Jamel!

  • @dadaapple8525
    @dadaapple8525 2 месяца назад

    Hello Jamel, yes would love to see the inside

  • @larekus100
    @larekus100 3 месяца назад

    With properties being built in the area, I would hold on to it to see where the market goes.
    Maybe hold it a while as a short-term rental so you can get the maximum income while you’re watching the market to see where it goes.
    Awesome work, as always! 👏🏽

  • @realdoyledrums
    @realdoyledrums 2 месяца назад

    Hi Jamel, do you have a video that covers how you built your rehab team? I’ve heard you say you’ve lived in a few different states. How did you find reliable contractors to work with in new markets?
    Thank you!!

  • @rjsmith7345
    @rjsmith7345 19 дней назад

    I just dread auction properties being site unseen without being able to determine the work needed. Would you recommend running numbers typical as cosmetic/mild rehab and sqft? I have came across a few deals even if repairs came out to be more $20-30k I still have meat on the bone to wholesale but I’m just hesitant due to not knowing the condition or having a insight.

  • @kwabenaboateng1601
    @kwabenaboateng1601 Месяц назад

    What website do you find these properties on

  • @tamarathomas6380
    @tamarathomas6380 2 месяца назад

    which county you get the auction?

  • @wendimccain8580
    @wendimccain8580 3 месяца назад

    How do you make sure title is clear?

  • @armyantlocsta
    @armyantlocsta 3 месяца назад

    Do you think it’s profitable to go to country steps and buy a house off county steps? Foreclosed due to unpaid property taxes? I’d pay you to help me. I want to get one in August.

    • @jamelgibbs
      @jamelgibbs  3 месяца назад

      As long as the numbers makes sense

  • @tri3pleagent
    @tri3pleagent 3 месяца назад +1

    Man, I'd short term for a minute and see what happens with the property value.

  • @Renny12345
    @Renny12345 3 месяца назад

    Jamel if you ended up buying an auction property that is no good do you get an attorney to back out of the sale?

    • @jamelgibbs
      @jamelgibbs  3 месяца назад +1

      Can’t back out or you lose EMD. It would be $6,000 on this one.

    • @Renny12345
      @Renny12345 3 месяца назад

      @@jamelgibbs what about in the case of a sheriff sale? Have you brought in sheriff sale auctions?

    • @jamelgibbs
      @jamelgibbs  3 месяца назад

      Yes

    • @Renny12345
      @Renny12345 3 месяца назад

      @@jamelgibbs Can you make a vid this week on sheriff sale auctions? Im in nj and it is possible to back out the sale with an attorney but I would like your take on the subject because im new.

  • @sakarthapa5508
    @sakarthapa5508 2 месяца назад +1

    How can i work with you or team up on some deals? I'm in VA area.

    • @jamelgibbs
      @jamelgibbs  2 месяца назад

      lol.😂. Nah he’s just 7’3”.

  • @user-zo9dq5ou6f
    @user-zo9dq5ou6f 3 месяца назад

    I struggle with property analysis/comps, do you think you could make a video or respond back to this comment? @Jamel Gibbs

    • @jamelgibbs
      @jamelgibbs  3 месяца назад

      How To Find Comps For Real Estate for FREE
      ruclips.net/video/0_lcOumIyyk/видео.html