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Updated over 7 years ago,

User Stats

23
Posts
4
Votes
William Baptist
  • El Paso, TX
4
Votes |
23
Posts

Buying at local auctions

William Baptist
  • El Paso, TX
Posted
Can anyone point me in the right direction for a previous blog or literature to gain knowledge on buying at auctions? I know what the rents are going for in the area and appraisal. The home doesn't look like it need much work at all but I have seen the roof and I don't know how current the photos are. I'm trying to figure what to offer. Is it as simple as figuring out what number will give me the return I need to cover maintenance, management, taxes and mortgage? And of course minimal acceptable per door cash flow?

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