In today’s episode, Paul Lizell joins us as we delve into the intricacies of real estate auctions, discussing the benefits and risks, and providing invaluable advice for both seasoned and aspiring investors. Paul shares his insight into the advantages of buying at auction, where discounts can range from 20% to 80%, and the essential considerations for calculating the maximum allowable offer on properties. We will cover selling strategies like wholesaling and rehabbing, and discuss why sometimes holding a property long-term is the best strategy for appreciation.
Paul opens up about his ongoing projects, including a software program designed to simplify data collection across REO websites, and his real estate training programs which offer in-depth coaching. Additionally, we'll touch upon the current state of property markets, with a focus on the challenges and opportunities in Southwest Florida.