What is the biggest difficulty in finding deals Florida auctions

[Walter Holmes]

My thoughts not in any particular order:

1. Monopoly of "hedge funds" big investors buying the bulk of properties at a lower profit margin.

2. Not so good investors making stupid investments.

3. The raise on property values compare to the nonperforming notes face value, creates higher max bids from banks/note holders.

4. Number 3 increases the ration of cancellations.

Ofcourse there are more, but these for me are the most "damaging".

How can we fight the above?

1. Learn to prospect potential investments accurately.

2. Learn to use your research time accurately by creating a gameplan that allows you to have multiple "options" or "multiple properties you will try to acquire"  bigger net increases your chances of success.

3.STOP researching a week prior the auction.

Let me hear some thoughts,  if you agree and lets start a conversation if enough people agree of have questions like "no **** sherlock,  but how do you do that, I'll gladly share my "game plan"

Fyi: I spent 5 years as a paralegal doing foreclosures for financial institutions, then 7 managed a foreclosure department on a financial institution, worked as a consultant / due diligence expert buying nonperforming notes, then monetizing them by selling at auction and buying at auction...

Any help i can give i would be happy to share and learn as well from the folks here at this awsome forum

best regards!