All Forum Posts by: Mat O'Grady

@David Pereira

I like the CT market, but it is mostly because I live here, haha. I don't think I could handle not being able to see my properties and making sure they are still standing. Faifield County is much more expensive than New London County. You could probably find deals toward Bridgeport, but you need to find the good areas. 

Hello David,

Welcome to Bigger Pockets! It is a great source of education and networking. I am located in New London County. I am mostly a buy and hold investor. 

@James McGovern 

Hey James, if you are looking at Auction.com and seeing that the bids are going higher than what makes sense, I have found that the seller is bidding as well. On some of the auctions, there is a button that you can click to see the bidding history. I believe you need to be registered for the auction. I have clicked on it and seen that the seller is bidding up the price. I have seen most properties usually go on and off auction multiple times. I believe they lower the reserve price each time but not by much. If you think the property has potential, keep your eye on it and keep registering for the auctions and bidding what you want. I have had the auction companies call me and ask me if I will take a different price after the auctions end. 

Sounds like this property would be a lot of headaches, so not worth the time and effort. I have found the vacant properties could be good deals. You can also drive by properties that are listed as occupied and see if they are actually occupied. Sometimes, the site says they are occupied and they aren't. That information could be an advantage for you to know. 

@Joan Damasco It was simpler than I thought it would be, but you need to put in the work!

@AJ Stanis

Hello Aj,

Usually, you need to check local regulations specific to each town. Google Madison Zoning regulations and you should be able to find information. You will need to know what zone your property is in. If you don't know, you can google "Madison Vision Appraisal" or "Madison GIS." From there, you should be able to put in the address of your property and find the property card. On the property card, you should be able to find the zone your property is in. 

Good luck!

@Dan Thomas 

Thanks, good to know!

@Mckenzie Jean

Search banks and credit unions in Meriden on google and call all of them and ask what they have. Talk to both the commercial departments and residential departments. I believe PenFed was doing them nationally at one point, but I am not sure if they still are. 

@Steve Bugnacki

I have gone to a few, but I haven't bought anything from them. @Kevin Scanlon has bought a couple from them. 

@Steve Bugnacki

Ah, thanks for the information!

@Steve Bugnacki Who did you contact to learn about the tax lien sales?