You've probably heard people talking about government auctions before. People are always saying how their friend's brother went to a sheriffs' auction and bought a new boat, or a new car, or maybe even a new house, and bought them for dirt cheap prices. You're always amazed at the deal they got and say to yourself, "I should go to one of those sometime". But most people don't.
Why isn't everyone getting rich off this stuff?
I can think of only two reasons why someone would choose to not attend an auction like this.
1)They don't believe the deals or opportunity are really that good.2)They just have no idea where an auction is, when it takes place, or how they can go.
I'll try to address these two points, and maybe convince a few people to take advantage of the opportunities that are right at your finger tips.
The Realm of Possibilities
The first thing that is important to realize is that there are many different types of auctions you can attend, depending on what you're interested in acquiring. A few examples are:
Tax Lien Auctions Tax Deed Auctions Bankruptcy Auctions Sheriff's Auctions Farm Auctions Electronics and Computer Auctions Seized Property Auctions And many many more
Investing and Acquiring Real Estate
If you're looking to invest in, or acquire, real estate, then tax lien and tax deed auctions may be your path to wealth you never imagined was possible for such a small start up amount. At tax deed auctions you can acquire property for anywhere from 50%-80% of it's appraised value, and at tax lien auctions you can invest in property and earn unheard of returns of 15%, 30% and up to 240% on your initial investment.
You may think there's a catch involved in this. That tax liens and deeds can't possibly really be that profitable. But you're wrong, and there's many resources out there that can help you get started investing in tax deeds and tax lien certificates. Everything past that is just legwork. Finding when and where the auctions are, and what you have to do to attend. You can do this yourself once you learn the principles, but there are also packages that can be purchased which have all this information listed for you. It's a relatively small investment for the amount of information contained and the time it will save you in the long run.
More More More...
But real estate isn't the only thing you can acquire at government auctions. Most anything you can think of is available at rock bottom prices. The trick is just knowing where to go and when to be there. As with Tax liens and tax deeds, you can sign up for packages that will allow you find out when and where auctions are taking place all around the country.
Conclusion
So is it really possible to attain wealth through attending government auctions? Yes. And even if you're still skeptical, what's the worst that can happen if you try to find out for yourself? You give up one Saturday morning that you'll never get back. But if I'm right, you find a new monthly hobby in finally getting the things you want.
And what about trying to track down all these auctions. Well, the first thing you can do is learn the basic principles involved in attending these auctions. Learning these principles will give you the tools to go out and find government auctions on your own. But if you'd like all that grunt work handled for you, that's of course always an option.