It's a pretty widely discussed issue with buying foreclosure auctions.

If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck

We have bought hundreds of properties at auctions almost always without an appraisal, relying on our own judgement as to the value.

Some will be sight unseen, some will be third party mediated and those "auctions" always have ghost bidders to get to the reserve so you will see a property come back again and again.What was your goal in going on here?

Purchased various sheriff auctions, short sale, and just low balling.

Dont do the auctions.  

There are lots of ways to find properties:- Buy stuff that's listed on the MLS- Auctions- Direct mail marketing- Advertising- Knock on doors and talk to potential sellers- Facebook advertising- Craigslist "For Sale"- Etc...I spend an entire chapter talking about acquisition strategies in "The Book on Flipping Houses" -- check it out for more details...

Just finished the "Bidding to Buy" book and would love to connect with somebody experienced in auction foreclosures.

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In search of an Airbnb, located in a Touristy area, that is willing to donate 2 nights as an auction item for a 501c event.