Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

You can buy a house in Ghana Africa for $5k newly built. No yearly taxes and Africa is the future. The American dollar is $1 to $10 which means $1 USD is equal to $10 Ghanaian Cedes. That’s right you get more bang per dollar for your money.

Louisiana, Mississippi, and Missouri...with the crime rate so high in each of those areas it is not surprising that they are selling the houses so cheap. Please be careful and research the area that your bidding property in.

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals

One thing to look for in these auctioned homes is Liens on property, and how much are those back taxes.

I Heard When a person stops paying taxes and loose their home, and A person Like you or me want to buy it for cheap, And the previous owner let's say owed 50,000 dollars in taxes, and we buy the house we are interested in, that we the buyer must pay that 50,000 dollars in taxes the previous owner did not pay. I have not done research on this but figured you can verify if this is true. What a bummer we can't view the inside of the homes we choose to purchase I mean what if there is no floors or walls or electrical wires, my goodness🤔

Please be smart when placing bets through auctions. The action holders (city, state, or etc.) have tricks / games they play, as well as other bidders, both with a goal to raise the prices as high as they can so people pay more.

I just love how you show the processes of everything... You are very inspiring and resourceful...Thank you so much

This video has taught me so much over the past year watching your videos always and it's helpful to me because I do get all the information I needed.

Monique I just love you!!! Thank you for all you do 💕

Thank you for always giving all of us tips on how to surplus our income. You are a Jewel..i can't wait to hear about the next property you and your husband win in the auction..Great things are happening and are in effect.

I clicked so fast sis u be putting me on game I luv ya ❤️

Gurrrrllll you are the PLUG!!!🔌💛

I clicked on your video because of course I'm looking into buying places like this ,but what made me subscribe within seconds was your awesome energy vibes 😊 love ya already ty for the info❤

This video was so informative - I never knew any of this! Thank you! I have subscribed to your channel!

Thank you so much for this video, you are the first person that I’ve seen that have told the real facts about buying properties sold in auctions. Love the fact that you showed the actual process LIVE! Will be following you, I can learn so much from you, thank you again for sharing your knowledge ❤️

Better Business Bureau shows complaints filed where people win bids, pay taxes, and never receive papers to own the properties, nor do they receive refunds. 😢😮

Man! I really wanted to see you win this house! Can’t wait to see the next auction

I love your greeting in other languages, so cute!

This is pure GOLD!! Yasss for the gems Mo!

Indeed, land is where it will is. Raw land is even better, if you know or have an idea what to do with it, I know I said that on one of your other videos, but I really believe in the land vrs the home.

I bought my second expensive house last two weeks paid in cash, I feel so happy for myself and my achievements watching this random video. So glad I made a good decision about my finance that changed me forever. just hope it encourages someone that it doesn't matter if you doesn't matter if you don't have any of them right now, you can start TODAY regardless your age INVEST and change your future! investing is a grand choice I made! great video! thanks for sharing! I love this

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

You are indeed inspiring and your labor of love is more appreciated than you can ever imagine, thank you for taking you tube videos to a whole new level. new level.

Yes sis unfortunately he is trying to prevent us from growing our own food, so I am scouting for land too. He can go somewhere with his lab gmo don't know what we are eating food.

🥰You're the best....you even gave the negative with this process. It can definitely, be a mess when someone is in the home already, especially if they are the current home owner doesn't want to leave or becomes mad. Auctions or good but can be a mess at the same time.

I'm so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life.

I wouldn't place bids after I put in my first bid. As you do that, it pushes the price up and others will push it up as well.

OMG!! There's a LOT available in New Iberia, my old college friend's hometown. I need to look into this. Thanks girl! 😊

So 1st step...bid. Is the deposit refundable? Make a deposit etc. Watch out for Tax liens, tenants,restoration costs? Anything else....and also if the Deposit is for background work and they tell you a list of things about the property..im assuming that would make it trustworthy and concerns taken care of,correct? Thank you to anyone that answers. 💝

I love, love, love, this video!!!!!!!!!! More videos like this please. Thanks ❤❤❤❤❤

Thank you for sharing! Now I have a new website to find tax delinquent properties. Also, keep in mind that these defaulted properties will have a "REDEMPTION" period. Do your research and due diligence before bidding and buying. 👌

Proud of you girl! You pushed it! The next one for will be greater!! 👋

I don’t know know if these deals actually work but your presentation is fantastic. Great screen presence and editing. I’m subscribing to see more.

Thank you share your's experience for buying house.i am learning it.

Ur hair is beautiful

*Thank you so much for sharing this valuable information. I love auctions. I have used a couple of those websites in the past. I’m looking forward to watching your next auction*

There arent that many joba in america because its a develiped country if you build the complexes near the schools america wouldnt have to import gas as much as before. Other jobs like plumbers work near their homes only a few may live a bit far. But those jobs have a higher salary.

Lots of skepticism here. This is real. I have bought several homes for $7.5K, $8K, $20K, etc. I bought my first home (foreclosure) for $55K and the appraiser that appraised my property several years later said I probably should have only paid about $35K. I was overpaying. Most properties week foreclosures, bank-ownes, HUD, one kinda hybrid tax sale. I only chose properties that only needed cosmetic work - paint, carpets, maybe an updated roof, etc. Not much structural work. Some areas were actually pretty okay. Not high end, obviously, but safe and decent enough that if I had to live there, I would. The tax properties that have not been redeemed by owners are free and clear of additional liens. I would be sure to get title insurance that protects the buyer, not just the bank/lender. This makes sure there are no additional liens that can come against the property and the title is clear. I love HUD and bank-ownes because the lender tends to do some upkeep to prevent damage. And you do get to see the properties in these cases. Keep an open mind and pray (if you do that) for guidance.

The property is the real value, as the homes may be in such condition that a total renovation might be needed. Look at the public records to get as much info as you can before bid on them. Especially on some areas, like in those areas still recovering from a number of floods/storm damages along the Gulf Coast (home insurance went through the roof after Katrina, and flood insurance can cost more than the home). Still a lot of opportunities though, especially those who are looking to get into the real estate investment business!

Could you tell us what you personally do with those houses after buying them? What are the next steps?

Hello, are u familiar with the divvy home buying, if so would u do a segment on how it works, the good bad ugly pls .

Do your research how much would it cost to ship what or the coding fees,will I b able to put stove of my choice 🤔 are their any other licenses I have the house would b cheaper than a 80,000 house maybe 5,000 is your Buget beware !!!! I still say it is Worth it 👌

You are awesome!!!! I wanted to learn about this fir a while now 🥰👍🏼😁🙌🏼❤️🙏🏼

Thank you, Monique!!! Love you❤❤❤Looking forward to seeing a video on land purchase.

The houses could be haunted as hell though!

My husband and I went to one in person it was a nice experience but you do need money to bid. They really be bidding. I am glad we did get the land because a few months later we became a first time home buyer.

Wow! Thank you soo much for sharing. Youa are truly a blessing.

This episode was so exciting! I loved that you let us piggyback on ya'll bidding journey

Tax lein deeds are similar but u don't need cash

Awesome ❤❤❤❤❤

Do you have any other website for Florida, GA???

Just found you and immediately subscribed! Thank you aunty 😘☺️💖 great stuff

I love you your videos no matter what i like the way you present the information, i watch your videos every day and always stay tuned for whats next ❤

This is so informative but can we just have a moment of silence for the face, hair, editing, and clear dialogue?? Chef’s kiss!

That was exciting to watch the bid.

I love your spirit young lady. May God continue to bless you and yours. 🙏🏿👍🏿

Great Info! Thanks for sharing.

Appreciate the walk through, thank you

You have to consider everything that goes with this like she said. Most of these homes need a lot of work and will be costly. You may also have to get the previous owners out. You will have to take them to court if they don’t willingly leave. You may also be bidding against the bank or the computer. I won and flipped 5 properties off of auctions. Rewarding but hard work.

Myself I’m in Construction from Dallas Texas but I’m currently in Dallas TX. So I’m interesting buying this houses here. And I can be fixing that by myself.

It’s okay Monique because all we do is win!!!!

Thank you so much for this information!

This was so informative and direct. Thank you so much for sharing!

Right now security is everything

Thank you for all the information. And websites.

You go girl 🤓 and bless your heart 💕 thanks 🤗

Be aware of some of the problems of buying a house in New Orleans. Your flood insurance premiums can be sky-high.

The bidding is WAR... Thank you I wish you get the house GREAT video..

9/18/22 on my binge watching journey. Do research and pray with God in mind. Thx Mo

Lol you had me over here talking bout hit em with the 35k !😂 good video

Thank you

Thank you! You were very clear and excited.❤

Thank you. You gave some wonderful information into the process of purchasing a home via auctions.

What are some of the pitfalls to look out for when purchasing land?

What’s the website?

Wow, thank you Sis... I'm definitely going to check this out!✊🏽💪🏽😉💖

Thank you so much for this 🙌🏾

just love your personality

LOCATION, LOCATION, LACATION ,,,,,,,,, THAT'S ALL THAT MATTERS. I HAD A NICE HOUSE IN A BAD AREA. WON'T DO THAT AGAIN, NO MATTER HOW MUCH IT COSTS ......

This is awesome! I shared this video with my brother who is in the market. Thanks for sharing this infor with us. ♥♥

I love your channel so much 😍💕💕💕💕💕💕 thank you for always sharing gems 💎

Thank you for this information. I have finally reached the point where I can purchase an investment property and literally just started searching. I have subbed to your channel. Thanks for all of your great work!!

We should leave the land for the wildlife!!

This is such a great video! I was wondering do you have any suggestions of websites for first time homebuyers?

Love your channel and the work you out in. ❤

Thank you So! Much for Sharing 💝

what a great video!! I was rooting for you

Make sure those are not in the flood zone there in New Orleans.

You cute love ur vibe

The timing for this information is perfect for me. I’m looking to add more streams of income to my portfolio. You have given me some great ideas. Love and BLESSINGS to you!

Do you get your deposit back if you don’t get the bid on the house ??

You are a good story since you started 2 years ago! Thank you

Pleasant voice

Thanks for the video. I think the banks have people competing with the bidders. smh

Love this always coming with gems

I love the info u gave in the video... No fluff

Thanks for sharing

How true is this