Daily Dicta: Former ‘Fox & Friends’ Anchor Turned Real Estate Guru Turns Tables on Competitor

The starting list prices between our properties and our competitors is about the same in our area.

This is business and your competitors want you out of the way.

Why be in the largest competitor market? 

Also, I don't know how much info they would be willing to give a competitor.

It sounds like you're dialing and dialing for any piece of juicy low-hanging fruit, in what is the most insanely competitive of industries, against the most savvy and well-connected of competitors - and then blaming our profession (of which you're a part) for not delivering "profit for all"?

All 15 competitors' paper clips look, feel and function the same. 

When the seller of the business isn't willing to submit supporting documentation like banks statements showing claimed deposits and invoices supporting the expenses that the business would require to operate at that level, I walk away.About 7 years ago, I was going to buy a business that was a competitor to one I owned. 

My Personal ConcernsConcern #1: Struggling competitors squeezing margins to make ends meet.

---It's too time consuming and frustrates tenants to have an owner approve everything.NOTE: we have a local competitor that is known to break every maintenance request into separate Work Orders, so they all fall under the Owner Approval Threshold.