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Updated about 3 years ago,
How to Choose An Investment Strategy
With so much information out there, it is overwhelming.
Realize there are plenty of ways to make money.
The bottom line is how you will spend your time, or money.
You can pay professionals to do work for you - that way you can do a lot more things, or you can put in the time and do one thing well yourself.
It's not always what you 'want/love' to do either.
Sure there are people who love real estate investing. But even if you don't, you can still be successful.
Many, many basic skills are applicable to all industries.
If you are organized, motivated, analytical and critically think you can be successful anywhere you choose.
You will not love every aspect of your job but you will spend your time there regardless.
If you choose RE investing, schedule time daily to work on it.
Start where you can and let the days teach you what you do and don't like.
You need to make money to live.
Figure out the amount you need and find a way to make that amount. If it's through cash flow, start there. If it's through flipping, focus on that.
Relieve yourself from being overwhelmed and start from the bottom.
What do you need and what step can you take today to get there?
If it's reading a bunch of google searches, let it be that.
Don't overlook that as a step. Every thought you have is also a step in the right direction.
But do take the time to write your thoughts, or take notes on what you read so you can actually start the work.