Standing Out in a competitive market

[Daniel Mendez]

Good evening BP members,

I just wanted to know what type of things do you all do to stand out in your competitive market.

I live in Dallas and all I hear is that there is a lot of competition which in turn instills fear in me because I am over here thinking " How am I even going to land my first deal with so much competition?!"

Has anyone gone through that?

[Kyle Mitchell]

@Daniel Mendez As with most good markets, competition will always be fierce.  The way we stand out is we do what others are not willing to do.  Whether that is to make calls weekly to every broker in the market, visit that market 3-4 times per month or anything else that separates us from other investors.  You need to show the brokers/sellers that you are a serious buyer and the way to do that is to run your investments like a business (which it is).  You always need to be thinking of the next way to beat out your competition and to make your company better.  You can also team up with others in that market that are already doing what you want to do, you just need to figure out how to add TRUE VALUE to them.