Highest bidder on Auction.com

[Corey Chonsky]

Hey everyone,

So I've been in the Hampton Roads area a little over 3 months now, and I'm in the process of closing on my second rental property in which I was the highest bidder on auction.com. This is a little risky obviously since I've only be able to drive past the property, but I'm familiar with the area and I know what I can get in rent. So based on what I'm getting the property for, if i can keep the rehab cost around $15,000-20,000 the property should work well for me. I was wondering if other people have had experiences buying houses from online auction sites and if they would do it again. Thanks.