Foreclosures
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
![Steve Lohbeck's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165145/1621420660-avatar-stevelohbeck.jpg?twic=v1/output=image/cover=128x128&v=2)
Auction
Are auctions a good way to begin finding properties to flip?
Most Popular Reply
![Andres Calderon's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/186595/1621431835-avatar-andrescalderon.jpg?twic=v1/output=image/crop=2697x2697@1542x58/cover=128x128&v=2)
@Steve Lohbeck To answer your question yes but like @Simon Campbell said you have to know what you are doing.
as long as you know what liens the property holds, you inspect the property yourself and familiarize yourself with the neighborhood you will be okay.
I buy Properties all through out florida through tax deed auctions and to give you an example here are the last two properties i bought this past month.
First one bought for 14k sold for 28k.
Second apartment for 21 under contract for 34k.
You don't need a massive amount of capital to begin either its all about the numbers and percent return on your money.
Take a look at some of my other deals through my website as well hopefully it will inspire you to pursue auctions and disregard any negativity just be well informed.
Best of luck!
Regards,