To many people in real estate

[Chris Kendrick]

just starting out, and thinking about getting into real estate but the more and more i look online of how many properties are for rent and for sale is amazing,  there are tons and tons of properties for rent and sale around my area and the bigger cities where i live thats its crazy, alot of them looks like flips and brrrr method used, so how in the world can someone get in this competitive space, and i have seen some of these properties stay on the market for awhile also , like 5 months, anyone else seeing this

[Joe Villeneuve]

Quote from @Chris Kendrick:

Quote from @Joe Villeneuve:

The answer is to learn how to do market analysis correctly.  Not all areas are the same.  You need to learn how to find the micro-markets within the markets you are looking at.  Markets are more than just geography.  They are based on the common size of properties within that geographic area where the inevitability is based on a lot of numbers with $$$ in front.

The answer I just gave you, based on some of your earlier replies, probably isn't what you're looking for. The complete answer involves learning how to find the properties, not a quick answer of where and what is available. The competition you observed isn't just happening now. It's been around all the time since the beginning of REI. Most REI spend their time looking for deals and come away with the same observation, or make bad deals just to make a deal, and then rationalize it into a good one.

The best answer is to stop looking for deals, that's where all the competition is.  Start learning how to make deals out of opportunities.  Those opportunities are all around you, right in front of you, and there all the time...with very little competition, because most investors don't see them.  You want to avoid the bad deals, the competition, the frustrations...?  Learn how to design deals/offers by learning as many strategies as you can...and never stop.  The more strategies you learn, the more opportunities (without competition) will fall in your lap...because you're one of the minority that sees them.

 Ok so you dont know, thanks

Lol.  I believe you're the one who's asking