Know their really local competitors. 2. talk to the tenants to determine if the $500 or $50 fix is needed.  3.

., pool shot vs. firepit shot) and measure CTR against competitors in your market.System: Quarterly Design & Photo Audit Checklist — every 90 days, review your top 5 competitor listings and update your lead photo, titles, and descriptions to stay visually competitive.2.

I am not going to mention the competitor, but I had a a great relationship with one rep that left that industry.

There are fewer competitors in the space and we've gotten really, really good at it.

Competitors are circling, and a fast close gets you the deal.Purchase Price: $200KLoan at 65% LTV = $130K (you bring $70K cash)After repairs, it’s worth $300K, so your speed beat everyone waiting on appraisals.This works best when:You have cash reserves or partners for the bigger down payment.Equity upside is large enough that missing the deal costs more than the extra 10% down.2.

Collaboration beats competition.Instead of seeing other investors as competitors, you realize how much more you can achieve together.

Short-term rentals (STRs) can be a great way to generate income, but there are a few things to keep in mind as you start:Local regulations: Ocean City has specific rules on STRs—make sure you’re clear on licensing, occupancy limits, and HOA or municipal restrictions.Market research: Look at occupancy rates, average nightly rates, seasonal trends, and competitors.

A friendly competitor of mine bought a public swiming pool at the auction and made really good money.

Agree 100% and people get caught up in the competition of the space and if the see a competitor doing something stupid, lets also be stupid mentality prevails.

I would review what your competitors are doing, make the style cater to the area.