Since you're still in the early stages, don’t rush; it’s better to wait for a better deal than to overpay or settle for marginal returns.If you're getting 0-4% COC and 8-15% IRR over 10 years, those are still decent returns, especially in a less competitive market.

You're right - there’s a lot of competition in the PM software space.

This is such an easy way to stand out against the competition in your market.

One might even invite you to visit one of their projects to talk about it in detail and give you a peek behind the scenes. 

What is the competition?

Given this, what’s the best way to determine competitive pricing?

The interest rate you have listed seems extremely competitive - especially given the rough news on inflation this morning. 

Didn't want him to become my competition!

Reduced CompetitionWhile primary markets are saturated with investors, driving up prices and reducing potential ROI, secondary and tertiary markets often present less competition.

The competition is so fierce that it drives the interest rates too low.