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Updated about 7 years ago on . Most recent reply

User Stats

20
Posts
16
Votes
Jake Lord
  • Rental Property Investor
  • Lehigh Valley // North Jersey // Binghamton, NY
16
Votes |
20
Posts

Are auction sites a good source for 1st time investors?

Jake Lord
  • Rental Property Investor
  • Lehigh Valley // North Jersey // Binghamton, NY
Posted

Hello everyone, and thank you in advance for your answers! My team and I were recently introduced to an auction site called hubzu.com. We found ourselves a property we would like to bid on, but we are not sure if this type of deal hunting is recommended for first time investors. For anyone that has used these types of sites in the past, are there any BEWARE pieces of advice you can provide and do you recommend this method of finding deals? Why or why not?

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