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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Trustee sale advice Posted by Small investor CA on May 05, 2008 at 1:53 PM Ward, What would you do if you work a small niche area and then a "800 pound gorilla" starts and continues to buy in your area. Even when I am buying a rental with a slim margin, if they see someone else bidding they start to bid and generally keep bidding as if it were a property with potential to flip for a large profit. Why would a huge player have to bid on skinny deals and why would they piggy back local small investors? There are so many homes going REO with larger profit potential yet they seem to prefer to bid mostly on the ones in which someone else is also bidding. Frustrating and hurting business. Follow Ups: Gorilla Tom 3:14 PM, 05/05/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : What would you do if you work a small niche area and then a "800 pound gorilla" starts and continues to buy in your area. Even when I am buying a rental with a slim margin, if they see someone else bidding they start to bid and generally keep bidding as if it were a property with potential to flip for a large profit. Why would a huge player have to bid on skinny deals and why would they piggy back local small investors? There are so many homes going REO with larger profit potential yet they seem to prefer to bid mostly on the ones in which someone else is also bidding. Frustrating and hurting business. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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