New Investor in Yuma

[Casey Roloff]

Hello all!

I've been listening to Bigger Pockets for several months now and thoroughly enjoy the podcast!

I'm married and recently welcomed a beautiful baby boy into the world. I've lived in Yuma for nine years and currently own two rental properties and another property in Lewis Co. WA. My wife and I are currently building our primary residence but are looking to invest in another buy and hold deal within the next six months utilizing the BRRR strategy from Bigger Pockets.

I'm extremely interested in live auctions, pre-foreclosures and foreclosures.  Any advice or assistance would be greatly appreciated!

[Sabrina Cicchi]

@Casey Roloff congrats on your new baby! Investing in Yuma is an interesting business, but very lucrative when done right! Most of the live auctions are also listed in the MLS. The foreclosure rate in Yuma has dropped significantly in the last 2 years. There were less then 1000 foreclosures last year in Yuma County which is almost half of 2013. There are still some good deals but they are getting harder and harder to find as the market under $200k is tight. Do you buy properties fix and then rent or are you looking to buy ready to rent to properties?