• I bought a property for 1 ruble, and then I woke up ...
• How is the winner of the auction determined at the third stage of bankruptcy auctions
• 8 Steps to Win Electronic Bankruptcy Bidding
• Where to look for information about upcoming bankruptcy bidding and auctions
• Bankruptcy auction lot search services
• Examples of buying and reselling bankrupt property - residential real estate
• How to profitably sell non-residential premises in a small town
• 2 strategies for investing in bankrupt property
• How to start training in bankruptcy bidding
• Passive strategy for investing in bankrupt property
• Scheme of working with intermediaries in bankruptcy auctions
• Bankruptcy auctions have pitfalls and the danger of running into scammers
• Insolvency and Bankruptcy Laws
• The new law on bankruptcy in the territory of the Republic of Crimea and Sevastopol

Trades and bankruptcy auctions are one of the most popular topics related to investing money today. And she interests everyone. In addition, the law on bankruptcy of individuals came into force on October 1, 2015, and now not only the property of organizations, but also ordinary people who cannot pay their debts, will be sold under this scheme.

In this section, we will analyze how real are the advertising promises of the courses that after training you will be able to buy bankrupt property at auctions for a penny.

I bought a property for 1 ruble, and then I woke up ...

To begin with, I want to say right away that it is unlikely that it will be possible to purchase, for example, a kopeck piece in Moscow for 100,000 rubles or a Land Cruiser SUV for 3,000 rubles. You need to be realistic and understand that besides you, there are other people at the auction with their own interests: arbitration managers, as well as professional companies, for which getting the most profitable lots is a daily job.

In addition, liquid objects most often leave the auction even before the public offer (see below). But let's still figure out how to buy property at a bankruptcy auction step by step.

Bidding at bankruptcy auctions is carried out in 3 stages:

1. The first stage is bidding for an increase. The property of the bankrupt is exposed at the market price. Further bidding for a price increase.
2. The second stage - the price is reduced by 10-30%, and a second round of bidding for an increase is organized. If the winner has not been determined, then comes the public offer.
3. public offer- the most interesting stage of trading for the investor. If a buyer has not been found during the first two stages, the property is put up for auction with a decrease in value. The procedure for price reduction is determined by the arbitration manager for each auction and is specified in the description of the public offer.

How is the winner of the auction determined at the third stage of bankruptcy auctions

Earlier at this stage, it was not the price that decided (it was fixed), but the speed of filing an application. Therefore, automatic systems were used that performed the necessary actions for the participant immediately, as soon as the next stage of cost reduction on the public offer was opened. The participant only had to decide what price would suit him and set the robot to work.

As an example of the systems that were used to apply for participation in bankruptcy auctions, one can cite the AuSe auction robot for the ETP. But we did not test it, below we describe the technique that we used.

However, since June 22, 2015, amendments were made to the federal law dated N 127-FZ (as amended on December 29, 2014 N432, paragraph 4 of article 139 of the Bankruptcy Law) regarding the criteria for determining the winner of the auction through a public offer. And as a result, a message of such a plan could be found on the sites of bankruptcy auctions:

As you can see, now the organizers can choose their own criteria for determining the winner of the auction (according to the old one - who first applied or according to the new method - who bid the most). Therefore, it is strongly I recommend that you first clarify how the winner of the auction will be selected so that there are no unpleasant surprises later. And also take a closer look at these changes in order to know all the subtleties.

8 Steps to Win Electronic Bankruptcy Bidding

But what should be done anyway? Everything is staged:

1. Issue an electronic signature for participation in the auction - about 5000-6000 rubles, depending on the number of sites and the manufacturer.
2. Find a property or other property you want to purchase.
3. Pass accreditation on the electronic site where this property is put up for auction. The procedure is quite simple - you fill out an application, transfer copies of your documents and sign them with the electronic signature obtained in the first step.
4. After accreditation, it is necessary to study in detail the documents for the object that are attached to the lot.
5. Next, you need to contact the arbitration manager and go to view the object (highly desirable if the value of the property is high).
6. Then you need to transfer a deposit (10-20% of the value of the property) to the account of the organizer of the auction.
7. At the opening of the next stage of the auction, submit an application, if you win, transfer the remaining purchase price.
8. At the final stage, draw up the documents of sale.

Where to look for information about upcoming bankruptcy bidding and auctions

Finding the information you need is easier than you might think. So, conditionally, the search for objects (lots) can be divided into three groups:

1. Official sources that publish information about all auctions.
2. Specific sites where bankruptcy auctions are organized (see below).
3. Aggregator services that collect information from the first two and issue it in a more convenient and organized form.

Let's take a closer look at each of these points. In fact, everything is quite simple here.

Official sources of information on bankruptcy tenders:

• "Kommersant" (very inconvenient search). There is all the data on bankruptcy, according to the law, it is there that they are required to publish it;
• Unified federal register of bankruptcy information (Fedresurs).

If you are afraid to miss something, you can check the data both there and there. But it doesn't make sense at all.

TOP-10 of the largest sites where auctions for bankruptcy are held:

• Russian Auction House (lot-online);
• Implementation Center;
• Sberbank AST;
• Inter-regional electronic trading system;
• "Manufacturer";
• utender.ru;
• B2B center;
• electronic platform "Auctions of Siberia";
• Auction tender center;
• RUSSIA Online.

You can see for yourself how the flow of property is distributed. Based on this, you can choose which sites to pay the most attention to.

Bankruptcy auction lot search services

List of aggregator services for selecting lots:

• bankrot-pro.com;
• bankrot.pro.

Real case from my practice: an interesting apartment in the suburbs, apartments in the same building cost 5,000,000 rubles, and an apartment for 1,000,000 was put up for public auction. My eyes lit up, and I started calling.

It was prescribed in the conditions that the viewing of the object and documents (!) Is carried out on Wednesday from 10:00 to 11:00. Ready-made replies came to requests by e-mail, saying that, they say, come and see, the familiarization procedure is described in the public offer.

When I got through to the manager, they told me something like this: you know, 40 people have already applied before you, you don’t have to waste your time.

Next, I looked in the history of trading in Kommersant by the number of the object for information on how the auction was held earlier. It turned out that this is not the first public offer for this object, and over the past year at least 3 bid winners have refused to purchase it. It became obvious that there are pitfalls.

Examples of buying and reselling bankrupt property - residential real estate

Oleg Selifanov is an experienced investor who searches, buys and resells bankrupt property.

How to profitably sell non-residential premises in a small town

A fragment of the video from the All-Russian conference of investors "Investing in real estate - 2016"

2 strategies for investing in bankrupt property

Most importantly, you must understand that if you deal with everything personally, then this is more work than real estate investment. That is, the process itself bears little resemblance to receiving passive income.

In order to be able to count on a good profit, of course, Worth taking a course on working with auctions and in practice to carry out several transactions. Now the market for bankrupt property is growing, but along with it, the number of its participants is also increasing.

How to start training in bankruptcy bidding

We regularly organize online seminars with various trusted bidder training professionals. Check out this first free course from our expert. Unlike many theoretic trainers, he himself constantly wins very interesting lots due to his author's method of finding undervalued assets in real estate.

Passive strategy for investing in bankrupt property

You may be more interested in the passive strategy of investing in bankruptcy auctions. If you, like me, have eyes glued and sleepy from reading legal waste paper, I recommend considering working through intermediaries. They charge a commission for bidding for bankruptcy for others.

Yes, you get less. But you save a lot of time and you can focus on attract additional investments for the acquisition of bankrupt property.

Scheme of working with intermediaries in bankruptcy auctions

There are many professional (and not so professional) teams who not only teach you how to buy property at a bankruptcy auction, but can also purchase the property for you. In this case, you pay a commission of about 20%.

We would recommend considering a scheme of work in which it would be beneficial for the intermediary to buy the object cheaper. For example, pay a fix plus % of the difference in the optimal lot price and the achieved one. True, it is worth remembering here that in bidding to lower prices, the one who first made a bid at the next stage will not always win.

Information updated!

Since we receive requests to recommend someone almost daily, we agreed with a company that has been on the auction market for a long time. She not only teaches, but also actively participates in bidding with a professional team of lawyers and other specialists, she knows all the tricks and tricks of arbitration managers.

If you are considering investments in turnkey bankruptcy auctions and are ready to invest from 1 million rubles, write to us at vip@website with the following points:

1. What would you like to buy (commercial, residential or other assets).
2. Region(s) in which you are considering a purchase. Several are possible.
3. The amount you currently have available to invest in bankruptcy auctions.
4. Your contact details, where to call you. Other means of communication will also be useful.
5. If there is an understanding of what profitability from the transaction is the minimum for you, also indicate (the transaction period is from 2-3 months or more, depending on the type of property).
   

If you do not want to correspond, but want to talk with a living person, call the office. Your information will be recorded and together with the wishes will be given to the one who works in this direction.

Bankruptcy auctions have pitfalls and the danger of running into scammers

Leonid Vasiliev is compiling a database of liquid objects from bankruptcy auctions and knows what pitfalls can be hidden when looking for real estate. He also knows how to identify fraudulent schemes and deal with them. You can learn more about the experience of this specialist as part of our course.

Insolvency and Bankruptcy Laws

Finally, we recommend that you study the legislation that regulates bankruptcy auctions. Recall that from October 1, 2015. And for legal entities, the procedure for selling property at bankruptcy auctions is regulated by the law “ On insolvency (bankruptcy)" in the Russian Federation N 127-FZ dated 10/26/2002. It's worth exploring first.

In case of bankruptcy of a legal entity, by a court decision, its property (real estate, special equipment, materials and equipment, as well as accounts receivable) is transferred to an arbitration manager. And he organizes bankruptcy auctions.

The new law on bankruptcy in the territory of the Republic of Crimea and Sevastopol

There is also a separate federal law dated June 29, 2015 N 154-FZ "On the settlement of the features of insolvency (bankruptcy) in the territories of the Republic of Crimea and the federal city of Sevastopol and on amendments to certain legislative acts of the Russian Federation." The text of the law can be read here. . Also keep track of all the amendments, this is very important.