Hubzu vs Auction vs court house bidding

[Rahim Kakar]

Has anyone had any experience with auction.com or live courthouse Lien bidding? I know someone that worked with hubzu before & it seems to me like the deals are better through hubzu than auction.com or courthouse steps.

Your thoughts?

[Gary Barella]

mainly for all the reasons previously stated. Also Hubzu you just win the bid to be countered, you don't win crap, plus paying the sellers commission via 5% ******** fee. Court house, besides what's already been said. If there was any equity in the house (value for us) the owners would find a way to get straight with the mortgage. I tried all those avenues, all a waist of time, for me at least. What's worked for me is finding REO realtors that have properties listed that I'm interested in. And even when they tell me it's in contract already, I build a relationship with them. I say ok call me if the deal falls through, what else do you have listed?, what's coming down the pipeline? Etc. Then email or call them from time to time with same questions. Wholesalers too. I don't even look anymore. Calls come to me and I say yes or no. But there is a fun element around the bidding process if your doing it for ***** and gigs as side income.