“Auctions are also to be avoided, both because you will be competing against a larger number of potential buyers and because you will be making decisions in an accelerated time frame, which makes it difficult to do your due diligence. When it’s a good time to buy there will be an abundance of discounted properties to be found, so you won’t need to rely on auctions.”
―
Manny Khoshbin's Contrarian PlayBook
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