@Jared CarpenterPhoenix is a strong market for home sales and the competition has been pretty strong for the last few years now as the markets have recovered greatly from 5-6 years ago.

I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.

Congrats on buying your first condo—that’s a big move, especially in a competitive market like NYC.

Competition remains strong but it doesn't mean your goal is impossible to reach.

Perhaps it could be a result of the post-COVID market adjustments.More STRs on the MarketInitially, I didn’t feel the competition because my Airbnb is a studio, but since I’ve started working with other Airbnb hosts, I’ve noticed there’s definitely more competition than I thought.

You just have to make it more exciting than the competition.

Whether you’re a new investor or a seasoned pro, the competition is fierce, and the best opportunities often seem just out of reach.That’s why BiggerPockets is teaming up with DealMachine to bring you the Off-Market Deal Finding 5-Day Challenge—a completely FREE event designed to help you find your first (or next) off-market deal FAST.Here’s What You’ll Get:📅 3 Live Sessions led by Matt Kamp, VP at DealMachine and a real estate investing expert who’s helped customers close over 15,000 deals.🎁 $2,000 in Prizes just for joining the challenge!

This imbalance intensifies buyer competition, driving up home prices as demand outstrips supply.2.

I don't believe that is the case, especially if you have a quality unit, priced competitively, and clear advertising.

Everyone is truly your team member and not your competition.