J Scott has assembled an amazing team that's succeeding in his market in spite of tremendous local competition.

I am looking for extending my network with Chicago investors.In my opinion, In this business, there is no competition.

I'm still learning the Austin market and everything seems to be ultra competitive which may push me out of this market for rentals if deals can be found that make the numbers work.

A headwind that will effect rental prices in certain cities will be the hedge fund portfolio competition.

I'm curious what the competition is doing - I'm about to start a couple of direct mail campaigns - saturation mailing for a couple of neighborhoods and targeted mailing to absentee landlords.If you haven't tossed the postcard, I'd love to see a scan or cell phone pic of the front/back.

I cleared about $55k after resale and holding costs and borrowed $200k so my cash on cash was 85% and I did it in 4 months.This was done in a very, very competitive market of Southern CA where finding good spreads in that type of value range is difficult at best.Most of my acquisitions are REO deals and not short sales, but short pays are a larger majority of the inventory compared to REO so you must work them if you plan to consistently obtain deals.

There are a ton of options still available even with the competition from the funds in town.

not sure if that's a good or bad thing as far as competition vs networking haha look forward to seeing you in May

Your agent should be able to help you get a feel if you're getting a comparable number of showings.I would recommend your agent set up showings for you with your competition - other listings in the area.

One huge advantage to bidding is that it keeps everyone competitive through checks and balances.