If that is true I would probably sell and buy in a place where there is less competition.   

“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.

Although I find competition for what I call investment grade parks is quite keen.. so returns are more in the MF space.. when you venture out east from the west coast or look at low end parks returns are higher but management is quite intense.. as our dealing with some pretty scruffy tenant base.

Schwab Pledge Asset Line is competitive.

While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

Cities like these offer untapped potential without the intense competition found in larger metros.3.

For higher priced properties the 70% rule gives you too high of a profit and your offer won’t be competitive. 

While I've made several investments independently, what sets SDIRA Wealth apart for me is their competitive pricing, focus on new construction, and access to markets with better performance compared to my local area in New York.

Nearly half of our reservations come with pets and to not allow them would put you at a severe disadvantage in a competitive market.

Keep in mind it’s more than likely most of the competitive banks these days for real estate investing may not be local!