New Jersey Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Pursuing Profitable Sheriff Sales in Monmouth and Ocean County NJ
Recently I've spent time learning the process of acquiring property via these auctions. I will start to pull some properties down as I intent to start bidding next week. And I wish to consistently purchase properties in this manner.
I'm finding the challenge is accumulating / managing information about properties (title / liens / ARV / neighborhood / description / condition /etc, etc, etc) coupled with the high rate of adjournments shortly before the auctions. In short, I can see that the process can be very inefficient if one is attempting to continually source profitable properties this way.
Purpose of this post is to reach out to others who are dealing with similar challenges and attend either Monmouth or Ocean County Auctions. I specifically envision an informal banding together where we leverage each others knowledge / information. There are plenty of deals out there and if you are like me you have some capital but its not unlimited - lets help each other be efficient!
Reach out if this resonates with you....best to all!