I'm planning to purchase a multifamily but it seems like it's very competitive!

What made my investor interested in this deal is the lack of inventory in Folcroft.

I believe this may have been passed down to them prior and they don’t really do this often based on the condition of the home, and lack of communication.The back yard is overgrown with weeds, the sidewalk has been damaged and rubble for years now.

I hope this helps, it can be a great market and we live in a beautiful place, we just have a lot more competition now!

Hi, I am an Ohio Realtor and Ohio is a competitive market if you are interested in real estate in Ohio. 

The condos here are hyper competitive and hard to get into for a deal - they just cant build them fast enough.

Those types of syndications (such as Cardone) are typically very aggressively underwritten (meaning higher execution risk), have sponsors who don't have full real estate cycle experience (meaning higher sponsor risk), have higher leverage ( meaning higher risk of default or suspended distributions), use floating rate loans ( meaning higher interest rate risk), have short-term debt ( meaning higher refinance risk), use financial engineering (meaning higher risk of missing the pro forma), lack signficant (or any) skin in the game (meaning higher risk of lack of alignment with conservative investors ). etc.And it's 100% true that most of these are struggling now.

In the years I've been doing REI here, I've never seen the market so lacking of decent buying opportunities.

I wanted to share my to do list in case anyone here with more wisdom than I can help me spot any gaps or things I may not be thinking of from a lack of experience and/or share pointers! 

We already have a small portfolio, 3 doors, in Omaha, NE where we live, but the market here has gotten too competitive/overpriced.