Auctions can be a fruitful money-printing machine in your real estate investing business. But they can create more headaches than moolah — especially if you don’t know what you’re doing. 

Most investors don’t do their due diligence — both before the auction and after they purchase the property — and that can cripple your profits (or even result in a loss). 

But it doesn’t have to be that way. Once you learn a few tricks of the trade, you can turn a profit from most auctioned houses you buy. 

In this episode, Kris Haskins, a multi-millionaire real estate investor who built his empire after losing everything, reveals the misconceptions about auctions, common pitfalls for investors, and how to buy profit-generating houses at auctions. 

Here Are The Show Highlights:

  • The biggest misconception about auctions that can wreak financial chaos on your business ([10:46]
  • The exact best time to place a bid at an auction to get the best price ([13:43]
  • The #1 biggest mistake rookies make after buying a house at an auction that can wipe out all your profits ([17:07]
  • How to deal with a tenant trying to rip off the doors of your newly purchased home ([18:47]
  • The “Cash for Keys” Method for getting rid of pestering tenants who won’t leave ([20:48]
  • Why every bad deal is your fault ([24:12]
  • How spending a couple hundred bucks will prevent you from blowing a couple thousand ([26:47]

If you have any questions for Mike or want to learn more real estate investing insights, you can send him an email at or visit his website

Wish you had sellers coming to you instead of having to chase them down? We put together a free training for you over at to help you do this. Or if you want to schedule a marketing strategy session with me and my team, book your free session at

Download our proven 2-step buyer funnel to preview the kind of results that Social Media Blueprint Academy delivers for our students.

© Social Media Blueprint | T: (941) 479-8520. |