Most people can only fulfill the 1% rule (incoming rent is 1% of purchase price). 2% used to be the number but with todays more competitive market 1% is generally the number people aim for.

You have a lot of competition but that just means you need to take advantage of all the investor meet ups.

You guys must have a lot of competition.

First, that's a lot of competition that will likely push down rents and/or increase vacancy.

It might be the cynic in me, but I tend to think this is because MF makes no money off of either of these investment types, and view them as a competitive threat to their fee-based news letters and stock tip sheets.

I would suggest looking into your competition and see what they have done and how you could copy some of their ideas and then improve upon others.Good luck and I'd love to hear how it turns out.

Is there a place were i can get competitive bids on a hard money loan?

This reduced my rentals and there was more competition as newer high rise condo buildings came in.

Our median home prices are well over $400K - that gives us a competitive advantage that most flippers can't do...What do I mean?

I know it's a really expensive and competitive market.I'm looking forward to getting to know many of you.