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Updated almost 5 years ago on . Most recent reply
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Are Sheriff's Sales Good?
Hi everyone, I am new to the whole real estate investing, and was wondering peoples thoughts on buying through a Sheriff's Sale and how do I read them. I am looking at the sale listings and am somewhat confused. Wondering if anyone can help me learn more in my journey.
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@Nathan Strine they can be a great opportunity but can also carry a lot of risk. If you've not been to one a good first step may be to go to a Sheriff's sale just to observe. There is a lot to learn about the entire process. The biggest drawback for most people is that you normally can't get into the property to have a look before your purchase. I think this would be a tough road for your first investment. I would suggest starting with a more traditional first investment and work your way up to Sheriff's sales. Good luck.