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Updated over 5 years ago on . Most recent reply

WAY TOO MUCH INVENTORY!
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

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