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.

Maplewood/South Orange's real estate took off years after and I personally think a similar effect will take place however not on the same scale because of the smaller lot sizes, etc.Prism Capital purchased the old GE building and has made heavy investment into the property.

That is your primary competition.

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

Being from Los Angeles, there are not many great buy & hold properties in my immediate area, and I am open to doing heavy research on out-of-area properties.

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.

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

Being from Los Angeles, there are not many great buy & hold properties in my immediate area, and I am open to doing heavy research on out-of-area properties.

Competition is also abundant.