Market / investor saturation

[Matthew Lynch]

Hopefully this is in the right category. 

I haven't started my REI career yet, but just concerned or curious about other investors or flippers in my area taking all of the opportunities before I'm able to even get started. Maybe cart before horse, but it's a concern I have.

How do you guys deal with that kind of thing? 

Cheers 

[Joseph McMullen]

Where are you sourcing your leads? I too was concerned about the level of market interest as my investing involvement has grown. Amidst a maze of "competition" I realized is that every Tom, Dick and Harry was jumping on flips with ridiculously low margins in my market. Everyone wants to be a house flipper and make big money like they do on TV. If it were that easy, everyone would do it. All of the properties I was looking at were listed on the MLS, where most people start when looking. After gaining a better understanding of the multiple avenues available to source good deals, the possibilities open and the posers fade into bankruptcy. As Ed pointed out, look at the macros in your market and develop plan to attack to the segment you will operate in best.