I.E. Foreclosure Auctions - Anyone have experience here?

[P.J. Bremner]

Hi BP,

I was wondering if anyone has had recent experience with bidding on auctioned homes in the Inland Empire?  Is this still a viable strategy in today's market?  What does your process look like for preparing for and bidding on these properties?

I am thinking about going to a couple auctions to supplement my direct mail, maybe pick up an extra deal or two per year but would like to get someone else's take on the subject.  Thanks!

[Rocky V.]

Can't talk about California but Texas is still strong.  Fewer deals than the past but still able to make it happen.  My most recent deal is below - purchased 11/1/16.

https://www.youtube.com/watch?v=rACqH4eLldk&feature=youtu.be