To price is correctly you need to know your competition and micro and macro market trends. 

Yours is a very nice-looking house and property, just has competition in your market. 

Very competitive market.

The same can be said for investment properties in other locations… We can even make the argument that profits and cash flow in ANY business are limited in the first few years of operation.Aside from a small or non-existent return on investment over the first 3 years, competition is another challenge in Astoria.As illustrated in our “Days on Market” graph, demand seems to be stronger than last year.

With new construction, comes more competition.

In Syracuse, the $800k+ price range is experiencing slightly less competition- I had a large complex just close at a 7-cap.

This might be mandatory in order to stay competitive and keep vacancy rates low throughout the season.

One challenge we faced was managing the renovation timeline within a competitive market.

Account Closed  reality is 95% or more who think they can just pay to learn wholesaling will simply never do anything its VERY tough VERY competitive and a dead end for most..Frankly speaking the only ONE making money is the teacher.which I Segway in and I am thinking I should do this..

Just dont want to blow 20 to 40k ifyou dont have that money and its just a small fraction of your cash reserves.