Los Angeles Real Estate Auction Sept 14 - Meet up

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Los Angeles Real Estate Auction Sept 14 - Meet up

Jackson Wu
Investor · Monrovia, CA · Member since 2015 · 48 posts · 33 votes

Hi BP,

          I wanted to see if anyone is going to the live auction this Thursday in Norwalk. I've never been to an auction or purchased anything through auction so I wanted to go check it out. If any other BPers are heading out there, I'd love to meet up.

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  • Nabil SuleimanBusiness Member
    Real Estate Agent · Los Angeles, CA · Member since 2016 · 596 posts · 299 votes
    9y

    @Jackson Wu I'll be there bright and early 

    [email protected]661-904-1725
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  • Jackson Wu
    OP
    Investor · Monrovia, CA · Member since 2015 · 48 posts · 33 votes
    9y

    @Nabil Suleiman Great! Hope to see you there.  Are you active at these auctions? I'm seeing a lot of posts mentioning its hard to get deals at auction these days. Is that the case in LA?

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  • Nabil SuleimanBusiness Member
    Real Estate Agent · Los Angeles, CA · Member since 2016 · 596 posts · 299 votes
    9y

    @Jackson Wu I have been tracking them for a while, but have had to cancel the last few monhs. This will be my first time going. How about you?

    You will always see people talking about how hard it is to find deals. Every market has its opportunities, and you have to figure out what you want your numbers to be. If deals were impossible we wouldnt be seeing so many flipped homes active and sold on the MLS every month. We can talk about that more in detail because it can be a long conversation, but it depends on you, your palat for risk, and the numbers that make sense for you as an investor.

    [email protected]661-904-1725
    Atlas Elm | Nabil Suleiman4.47 Reviews
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  • Jackson Wu
    OP
    Investor · Monrovia, CA · Member since 2015 · 48 posts · 33 votes
    9y

    @Nabil Suleiman Same. This will be my first time going to an auction. I've scouted out a few properties just to watch the process.  What company do you use to do title searches for these auctions?

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  • Shawn Ward
    Real Estate Investor & Consultant · Los Angeles, CA · Member since 2016 · 620 posts · 386 votes
    9y

    @Jackson Wu and @Nabil Suleiman how did the auction go? Was it worth it? You guys acquire anything?

    Thanks!

    sjw

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