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Updated almost 9 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Dylan Teixeira
  • Santa Barbara, CA
4
Votes |
9
Posts

Selecting a niche

Dylan Teixeira
  • Santa Barbara, CA
Posted

As someone who is just starting out/in the learning stage/yet to make first deal, should i focus on a single investing niche (wholesale, fix and flip, buy and hold)? i dont really have any amount of capital, no more than a thousand or so....does that limit me to wholesaling? try and make some money in that then move on? just trying to figure out where i should focus my attention... THANKS

Most Popular Reply

User Stats

193
Posts
32
Votes
Eric Griemsmann
  • Investor
  • Stuart, FL
32
Votes |
193
Posts
Eric Griemsmann
  • Investor
  • Stuart, FL
Replied

@Dylan Teixeira my personal opinion is this. You do what Dylan is. Is dylan a wholesaler, is dylan a rehabber who is doing demo and construction, or is dylan a buy and hold, type of guy. You should always focus all your energy and focus into just one. Then if you want to move into the next level. Some one once told me that wholesaling should be first only because if you learn to wholesale, you can find a good deal earn some capital selling the contract then once you have enough capital go to the next step. Rehab then to rentals. You see what i am trying to see? But that is my opinion. Good Luck with everything that you do decide.

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