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Updated over 8 years ago,
One Investor completely dominating my market!!
There is one investor in my market who is completely dominating it...he buys every reo on MLS, almost every property on auction.com and hubzu in our area. He also builds new construction and owns 80% of the city multifamily units. It seems he has all the reo agents in his pocket and all the deals get filtered through him... I tried to place a couple calls into him as he is an agent himself but did not return. How do I ask for a mentorship or do I just hammer out direct mail and other forms of marketing to bypass the MLS....He just bout the last 3 HUD properties I put offers in on... one of the homes I offered more than he closed for??!!! ugh frustrating!!!