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Updated over 1 year ago,
How many REIs are there anyways?
You know how once you decide to go all in and start doing something it feels like everyone is doing it? Maybe it's just because now I'm a part of this community and I'm completely absorbed and enamored by all of this, but it seems like the more I learn and the more I know what to look for it appears that there are thousands if not tens of thousands of investors in my market alone. Even just talking REI with colleagues and family now I'm shocked at how many of them are flipping, wholesaling, or landlording properties or at a minimum educating themselves and trying to find or make a good deal. In fact, I went door to door in my neighborhood "walking for dollars" and was shocked at how many of my neighbors said they get flyers, business cards, post cards, fake handwritten notes, etc…
Maybe I’m crazy and it’s not that high. How many small/independent real estate investors are there? Am I getting started too late? Maybe it’s just my market. We are willing to move if there are better markets with less competition anywhere in Texas or Nevada.