📺Real Estate Investors Paying it forward 🏘️700+ Rental Units 🏚️ ➡️ 🏡500+ Flips

Springfield, MA
Joined December 2020
Foreclosure auction Before and After Won for 136k Rehab 70k UA for 360k What do you think?
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Property bought at auction for $245K. After renovation and setup valued at $325K. That's $80K in pure equity created. No wholesaling, no rehab flips—just auction mechanics. Due diligence + speed = wealth. #RealEstateInvesting #ForeclosureAuction #REI
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Before bidding at your first foreclosure auction, understand your funding options: 💵 All-cash purchases (safest, fastest closings) 💰 Hard money lenders (quick approval, higher rates) 🏦 HELOC if you have equity 🔄 Refinance post-purchase What's your preferred strategy? #RealEstateInvesting #REI
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Learned this the hard way 🧵 Top mistakes we've made at foreclosure auctions that cost us thousands. If you're starting, learn from our L's so you don't repeat them. Here's what we wish we'd known: 1/ The title report is NON-NEGOTIABLE 🔍
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2/ Underestimating rehab costs. We once bought for $70K, estimated $20K rehab, ended up being $45K. That $25K surprise crushed our margins. Always add 20-30% buffer to your estimates.
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5/ Ignored holding costs on vacant properties. Thought $500/month wouldn't matter, but left empty for 8 months = $4K carrying costs. Factor in utilities, taxes, insurance, and mortgage when calculating your deal numbers.
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4/ Overestimated ARV on a property that needed more work than expected. Thought it'd appraise at $180K after rehab, actually $155K. Cost us $30K in equity. Always get comps from a professional, don't guess.
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3/ Never skipped the property walk. Sounded stupid but we bought one sight unseen, assumed good condition from photos. $15K foundation damage we didn't know about. Always walk the property, even if it takes time. No shortcuts.
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Before you bid at foreclosure auction, check these 4 things: (1) Title report—any liens? (2) Property condition—walk it or drive by (3) Comps—what's the real ARV? (4) Repair estimates—call contractors. Miss one and you miss your profit. #ForeclosureAuction #RealEstate
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Ever seen someone grab a $80K mobile home at auction? This investor just did. The numbers might shock you 👇 #ForeclosureAuction #RealEstateInvesting #RealEstate
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$47K → $352K. That's not a typo. We bought this house flipped at a foreclosure auction for less than what most people pay for a used truck, and it's now worth a third of a million. Here's how we found it, the numbers we ran, and why this deal changed our 2026. 🧵
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The auction was supposed to be a quick flip. We were looking for deals in the $40-60K range—not exactly exciting numbers. But we saw something others didn't: the bones were solid, location was decent, and the previous investor had already done 70% of the work. We bid.
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Won the auction? That's just the beginning. Most investors skip the critical 30-day window: secure the property, assess damage, verify occupancy, and plan your exit strategy. These decisions determine if you profit or lose. Don't cut corners here. #RealEstate #ForeclosureAuction
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Before you bid on a foreclosure, you need to know EXACTLY what you're buying. Our complete due diligence framework covers liens, records, comps, renovation costs. Don't skip these steps if you want to win. #RealEstateInvesting #ForeclosureAuction
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Before you bid at a foreclosure auction, run this checklist: (1) Title search—are there liens? (2) Property condition—major damage? (3) Recent comps—what's the true ARV? (4) Tax & HOA status. These 4 steps separate smart bidders from broke ones. Do the homework. #ForeclosureAuction #RealEstateInvesting
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500+ flips, 700+ rental units, and thousands of auctions later—here are the mistakes that almost broke us. Don't be us. 🧵
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Mistake #1: Blindly trusting your ARV comps. We paid $157k for a $300k property thinking we knew the neighborhood. Next week, zoning board changed permits. Lost $45k. Rule: pull comps from the LAST 6 MONTHS, verify zoning changes, and don't rely on 2yr old sales data.
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Mistake #2: Tenant nightmare planning. Bought a property, inherited a tenant paying $800/mo in a $1,800 market. Eviction took 6 months + $12k in legal fees. Should've exited. ALWAYS check occupancy status BEFORE the auction. Verify who's in the property and what they're paying.
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Purchased: $142K | Repairs: $58K | After Repair Value: $320K | Equity: $120K. Every deal is a lesson in value creation. This is why we love foreclosure auctions. #RealEstateInvesting #ForeclosureAuction
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