It's very competitive and you need to be ready to move FAST!

The most competitive insurance options in Milwaukee depends on the location (low crime/high crime) the value of the property and how you want it covered (ACV or Replacement Cost).

Lots of competition with lots of buyers and few sellers. 1% deals are possible but few and far between, unless you are willing to do a rehab or buy in the rougher areas of town.

Not only are your costs higher but so are your material costs for rehabs/renos (you may also need to give the unit a new look more often to match the expectations of the HGTV loving tenants and to keep you competitive in the marketplace) also people tend to overlook the fact that white collar tenants can be really needy.

Im trying to figure out if this means more competition....or more resources...Just kidding, this is awesome news!

When I started, I had some good competition so I decided to build a brand knowing it would take a few years to develop.

They will not stop at eliminating their competition (that's you). 

We have many deals in house that the properties have more than enough equity to cover the second lien position yet the entry price on them is only a fraction of the amount owed.

For all of those that are claiming that the TRUE (whatever that means) market value of the property is determined by what a single skilled real estate investor will pay in the absence of competition...you are wrong.

tpile of houses you can now pick up for a fraction of what they were worth just three years ago.