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Updated over 9 years ago on . Most recent reply
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How to find my niche?
So I'm just getting started about learning about real estate investing. I have my 1st investors forum coming up this week, I've participated in a BP webinar, listened to a BP Podcast, and I'm reading Rich Dad Poor Dad. I'M EXCITED to say the least and I'm ready to invest but I don't know exactly what path to take.
How do I determine my niche? What factors should I use to determine my niche?
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@DevonSmall
I think you took a good step by reaching out to the BP Community because there is a lot of help on here. I am also very new to Real Estate but the way I KINDA found my niche is by studying some of the ways it can be done like flipping, wholesaling, Buy and Hold areas like that even though I know there is a ton more and each one has a lot more to it then what I can explain but for the sake of getting to the answer that is what I did I read and study about the areas that I was personally able to get involved in. By doing this it helped me to better understand what it would take to start a transaction and what it would take to bring it to completion for lets say a single-family home with the goal in mind of buy and hold. So I suggest keep reaching out and keep study certain areas like flipping, wholesaling thingS like that to find what your comfortable with, also keep watching the podcast check out the blogs on BP do a search for "looking for my niche" in the forums your bound to find what you need on BP.