Just wanted to bounce this off of a sounding board, to see what the competition....i mean peers...think :)Deal Analysis

Way too many folks look at others in the industry as their competition and they really aren't.

Budget for dropping occupancy, it's going to happen...Your competition for these properties are the Chinese, Australians who just want their cash out of their country where cash flow is frosting.

That is your primary competition.

Apparently, Sandeep was never my competition since he bought in East Bay.

Probably the most obvious answer to the Vegas/Phoenix question is that you might be able to find deals, but you'll certainly have lots of competition.

There is plenty of competition there, many many wholesalers and rehabbers.

If one can get through all of the broker nonsense and get direct to the principal buyers, there is low competition, high discounts, and consistent product coming through the doors.

This is the time bomb that will implode the system leading to either an Amero currency (think Trans Pacific Partnership) or the Bancor (one world currency ssdrs)It's painfully obvious that real estate valuations are once again at asset-bubble extremes.Correspondent Mark G. submitted a chart of the Wilshire REIT (real estate investment trusts) index that sums up the current real estate market in one image: it's painfully obvious that real estate valuations are once again at asset-bubble extremes, one that's even bigger than the last RE bubble that popped in 2008 with devastating consequences to the global economy.http://www.zerohedge.com/news/2013-10-30/what-real-estate-bubble-oh-you-mean-one-thats-bigger-2007-bubbleThis is important for the housing market, because mortgage rates tend to follow the yield on 10 year U.S.

Is the competition for foreclosures and auctions pretty high here in Boston?