What do you do in a competitive market when making offers?

[Account Closed]

I was curious what most of you active investors (flippers, buy/holds, wholesaler, etc) do when you're in a competitive market such as what we have now (at least in so cal). Do you ALWAYS visit the property BEFORE putting up an offer? I've met many in the LA market who put up an offer w/inspection contingency. Of course, this implies that they go in with average estimates on rehab w/o truly knowing condition of the property, and then adjust from there - negotiating appropriate credit adjustments from there.

I'm assuming that this may be more the rule than the exception - especially in a competitive market like we're in now. curious if this is common outside of so cal as i'm presuming it is so.

Your input is much appreciated!

thanks!