Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

101
Posts
59
Votes
Laurence Obi
  • Atlanta GA
59
Votes |
101
Posts

WAY TOO MUCH INVENTORY!

Laurence Obi
  • Atlanta GA
Posted

For those who are seasoned RE investors,

what does it mean when there's loads of inventory in your local market?

Just yesterday someone decided to drop a 33 house portfolio in Decatur! An area where I shop fervently. 33!!!

He's going for $155k per door regardless it's value.

Is an increase in inventory a good or bad thing? Becuz I'm witnessing an overflow of inventory in this market.

Thoughts?

Most Popular Reply

User Stats

101
Posts
59
Votes
Laurence Obi
  • Atlanta GA
59
Votes |
101
Posts
Laurence Obi
  • Atlanta GA
Replied
Originally posted by @Ned Carey:

Supply and demand. The more the supply the better for the buyers. The less the supply the better for sellers. 

Hi Ned, looks like I spelled your name wrong in a reply. I said "Nerd" and now it's become a joke. I'm so sorry. I've tried finding a way to delete it and can't seem to see how to. I apologize 

Loading replies...