Our rental market is very competitive, with sometimes only a few apartments or houses on the market at once.

In my experience though, if you don't have an existing relationship with seller/broker OR solve their problem, you better be willing to offer a competitive offer.

Competition is fierce and driving prices up, but with the right sources you can get an excellent deal here.

@David NinoThe most important thing it to confirm that the tax return is correct and properly filed with you taking advantage of deductions/credits available to real estate investors.I don't have information on how many state tax returns you are filing and how many properties hold those 23 doors(1 apartment complex vs 23 sfh's), I would have to say that is one really competitive price.

Allstate has started insuring these types of homes and may be competitive, plus they can quote most of the insurers in the area.

So being new into investing I want to ask a question, how competitive is the market down here in south florida?

That did not work out well cause it was very competitive and the prices vs the properties just didn’t make sense to me.

We decided on a house on the “exclusive period” I directed the Realtor to put an offer at asking price plus a couple hundred to be competitive with other investors, as soon as it went into extended period.

Many of these houses are over 100 years old and have extremely low ceilings/under six feet of space between the floor and joists in the basement.After checking out several of the competition's finished products, it seems like more and more people are digging out and finishing the basements in these row homes.

BP Network is a priceless resource that gives any type of an investor a competitive advantage.