I just closed, rehabbed, and listed my next flip in Sarasota in… 3 days. Yep, you read that right. This was an auction property I had been following on Auction.com for months. Nobody was bidding on it at auction, but the listing agent kept telling me there was a ton of interest. The “auction” label was actually scaring most buyers away… which to me just screamed opportunity. So, after months of back-and-forth with the bank — them trying to cover their foreclosure expenses and me holding strong for a deal — they finally dropped their reserve to line up with my max bid. We locked it in. 🔑 Here are a few key lessons I took away from this one: 1️⃣ Pending ≠ Sold.This property went “pending” twice before falling out and going back to auction. Don’t assume a pending status means you’ve missed the deal. 2️⃣ “Cash Only” ≠ Cash Only. A lot of auction properties are listed this way, but that doesn’t mean you can’t use financing. I picked this one up using a DSCR loan (you can also use fix & flip loans). 3️⃣ Flips Don’t Always Mean Gut Jobs.This property was practically turnkey. All I did was change the locks, clean it, add a little paint, and swap out a bathroom vanity — and it was ready to list. Nearly a six-figure profit without swinging a hammer. 👉 Should we break down the numbers together in a live lesson?

Happy Monday! Hope everyone is starting the week off strong 💪🏽 It’s Q&A time!! This is your chance to ask me anything about auction properties, foreclosures, or real estate investing in general. No question is too big or too small — whether you’re just trying to figure out how auctions even work, or you’ve got a specific deal you want a second opinion on, I’ve got you. 👉 Drop your question in the comments and I’ll be answering them all later today. Let’s get it! 🚀

Welcome to Auction Property Academy. I'm excited to have you apart of this amazing community! That being said, I want to go over some community guidelines with you all and give you a chance to introduce yourself and get active in this community Step 1: IMPORTANT - First please introduce yourself in the Welcome tab using this copy-paste template 1. What's your name? 2. Where are you from/based? 3. What you wanna learn about from this community? Step 2: Head over to the modules and start going through the content Step 3: Answer the poll below Step 4: Comment on this post to let you know you've introduced yourself. Last thing, be respectful, add value and follow the rules. Welcome to the best Auction Property Academy in the world. Glad to have you. - Tiffany