Say goodbye to delivery! Become a landlord who collects rent.
A mother's challenge for her sick daughter succeeds in a multi-family auction!

It's OK even if you don't have money or experience.
The allure of small auctions that magically unfold

A small-scale auction guide and introduction by Kim Se-yeon, a powerful YouTuber known as "Se-yeon Teacher," who runs the real estate auction education and consulting channel "Monthly Rent Morning Call."
I have compiled the contents of over 900 videos uploaded to my channel into a single book, packed with valuable guides and information.
From the basics of beginner/intermediate/advanced auctions to the secrets of small-sum auctions, as well as misunderstandings about real estate auctions and the 'mental preparation' to become rich, this book guides ordinary people who are afraid of getting started in real estate auctions on how to make money with a small amount of money in a fun and easy way, as if sitting right next to you and giving you advice.


A "Practical" Auction Guide Starting with 30 Million Won

In particular, this book appropriately arranges the story of Se-yeon, who got into real estate auctions when she unexpectedly fell into financial difficulties and jumped into auctions to support her young son, and real-life cases of becoming a building owner who received millions of won in monthly rent with a small investment, so in addition to providing various information and tips necessary for actual investment, it is also very interesting to hear the 'success stories' of ordinary people.
The stories of people who worked hard but never owned a home in Seoul, going from a basement to a one-room apartment above ground, from a one-room to a two-room apartment, and from a two-room apartment to becoming building owners are inspiring and motivating just to hear.
The author says:
“I actively give lectures related to auctions, and I live a busy life, constantly filming videos, writing, and studying related books… Many people think, ‘That person must be very special,’ when they see me.
But I'm just an ordinary person who has to work hard like everyone else to get something.
However, I recklessly jumped into this market with a ridiculously small amount of money, a loan of 12 million won, and I ran hard with the determination to succeed once I started, and that is how I got to where I am now.” The inspiration and confidence to become rich, or rather, to own a home, are the real practical tips in this book.

Everyone who became rich had their own way of leveraging their wealth, and I was drawn to that because I knew people around me who had become rich through real estate.
Since I had never done it before, I knew nothing and had no idea what to do, but since real estate was an area I had always been interested in, I decided to focus more on it.
Honestly, isn't it the same in any field?

--- p.33

People who say auctions are difficult often have already had a bad experience.
This is the case when, after being exposed to auctions through other channels, whether offline or online, you have a preconceived notion that 'auctions are difficult.'
Why on earth do they think that way? If you listen closely, you'll find that they often learn things they need to know at auctions last, or things that aren't immediately applicable to common sense.

--- p.60

The auction process may vary slightly from person to person, except for the most important details.
However, after working with trainees for many years and winning hundreds of auctions, I have come to the conclusion that sticking to these fundamentals is the most efficient and risk-free way to do business.
After familiarizing yourself with this content, I highly recommend applying it when you participate in actual auctions with small amounts.

--- p.94

Auctions are mostly easy items and you can usually make a profit.
As you gain more experience in auctions, you will find items that reduce competition, which can lead to much higher profits than when you were just starting out.
There is a big difference in bidding between knowing and not knowing that you have given up your competitive edge.
Be sure to check, as you may change your mind if you see that something you were reluctant to do has been abandoned.

--- p.131

First, the criteria for selecting an item is [my investment amount + the value of the item].
Usually, when you start an auction with a small amount, you tend to look at the item based on the price rather than the value of the item.
Of course, you have to follow the amount.
I can only make a profit if I can bid within my investment amount.
If you only have a little money and keep looking for big things, you will never get results.

--- p.158

Therefore, if you win the bid as an individual, you may not make any profit if you sell it within a year.
If you add local income tax, it becomes 77 percent.
To receive the basic tax rate that minimizes tax payments and to receive progressive deductions, you must hold the stock for two years.

--- p.175

The most important thing about multi-family housing is demand.
So, when conducting a market survey before bidding, the most important thing to check is whether the demand is solid and safe.
So how can we predict demand for this item?
--- p.202

So where do single-person households live? When investing, it's crucial to understand the psychology of the demand side.
When you first start out as a new employee, you look for a room near the company.
But as time goes by, people move to places with better infrastructure and into the city center.
There is a lot of demand in that area and there are no vacancies nearby.

--- p.224

If you ask, “If the move-in date is unknown and cannot be confirmed, then it means that you are not in possession, so the right to object is not recognized, right?”, the answer is, “The move-in date is confirmed, but the move-out date cannot be confirmed.
However, if it was in possession until the dividend claim deadline, it can be acknowledged.”

--- p.240