Do NOT Fear Competition!
ByHey Folks,
I thought I’d address something that comes up from time to time when I meet with, or speak to groups of new investors.
Quite often I hear from folks who are beginning to invest, that they are afraid there will be no good deals in their local market. They want to find deals far away from home, or in cities near home, but not at home.
When I ask why, usually two main things come up;
1. There are no motivated sellers in my home town, I need to target lower income areas outside my home town.
2. Too many other investors, there will not be deals left for me, and other investors market heavy all over the place.
Guess what?
SO WHAT?
Bottom line, there are truly enough deals out there to go around. The thing is, you NEVER truly know when, or why a seller will call an investors marketing message.
The Video below is an example……….this seller called me from marketing placed near their bank drive thru, and ingored the message DIRECTLY OUTSIDE THE FRONT DOOR of THE HOUSE THEY ARE SELLING!
Enjoy, and I promise over time, my video skills will get better. Have yet to figure out how, where, to hold the camera so I can talk into it……….just afraid to not watch where I’m walking….you’ll see what I mean.
Take care,
Jim
The Biker Who Buys Houses
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