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[quote=Anonymous]We won in a case like this. You just need to out-bid them. In our case, the investors were all offering about 10% below asking due to the odd shape of the lot making it difficult to do a big teardown. In this case, the lot was narrow but deep, and they like to put in 2-car garages in a teardown.. hard to fit that into the lot. Basically investors are not emotional and are strictly numbers-based. They'll pay to make the deal work financially, but not a penny more.[/quote]
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