They provide a format for calculating the bid but no real directions with it.

We then also have a team of “coaches” that will help make sense of the numbers and provide feedback based on the data we have seen from hundreds of other successful deals before.Rehab: Another resource we provide is inspection report and rehab bid reviews with our construction coaches.

If the owner doesn't comply, the house will be torn down by the highest bidding demolision crew.

Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals daily, I saw a property listed that day for 219,500 two blocks from my parents home and promptly made an offer that day for 222,222.Listing realtor kept the bidding open for a week and asked for a counter based on competing bids (in hindsight I don't think there were actually other bids).

Make sure to get a few bids for this job. $40k seems excessive for this type of project.

Auction starts at $177K, I am willing to bid $250K-$300K as I am trying to get a great deal.

Bid and win then pay and then own and then pay more if there is a mortage/heloc on the property.They (The HOA) aren't the lender so, they have no loa for you to assume.

Lets say I want a bid on paint.

Perhaps consider bidding the work to multiple contractors to get a fair price.

The land is owned and paid off, budgets are dialed, bids are in, etc.