Picking the right strategy to start with

[Account Closed]

I am a new real estate investor in the South Florida area. I just got out of the military a few months ago and i'm currently going to college. I have no debt and have a good amount of capital, over 20K to invest in real estate. I have attended seminars, and have read books on real estate investing. And yes, iv'e listened to most of the Biggerpockets podcast which are great! I'm just having trouble picking the right strategy to start with. Lease options/ subject to, and creative strategies interest me the most. I like the idea of cash flow. I really don't see too much risk in these areas, but I don't know what I don't know which scares me. I can't seem to find too many investors in my area who are currently focusing on this niche, so I don't have someone to shadow. Should I begin my real estate journey with lease options/ subject to? They certainly interest me the most. Any feedback would be great! Thanks for reading.

[Bill Gulley]

So, you went to see some war movies, read about history of tactics, and think you can take command of the battlefield without going to basic training...... ;)

Strategies are to fit the situation and circumstances, they absolutely are not some step by step matter to go into battle with. That's like only having claymore mines and trying to go on the offensive in battle. You only have one tool and in all the property deals you'll be trying to fit square pegs in smaller round holes.

You need to learn real estate first, after you learn the basics then you can learn different strategies and you'll understand that you need to map out a strategy that fits the battle plan, not the other way around.

Go to basic training first, then go to AIT, then go into the market and do what the market requires. The market and the circumstances define the strategy, the strategy does not define what you should be doing. :)