Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

4,456
Posts
4,294
Votes
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
4,294
Votes |
4,456
Posts

Which Strategy Works Today

Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Posted

Ladies and Gents,

I think it's time to inject a little intellectual honesty into our discussions. I may not win any Mr. Popularity contests with this posts, but it's an honest attempt to help.

Note - real estate investing techniques are tools in a tool bag. Each set of circumstances demands a specific tool. One size does not fit all.

The Challenge:

The biggest issue folks are having is lack of realization the the single greatest circumstance impacting the necessity for this tool or that has nothing to do with a particular transaction. Indeed, it is market-driven. Your choice is vert simple - go with the market, or against...

I see a lot of discussion of how to syndicate this or that, or how to BRRR this or that. There is not enough CF, or there is not enough IRR, or etc.

Understand - it matters less what you want to do. The answer is in what the marketplace allows you to do. I get that you heard @Brandon Turner tell you about BRRR, and so you want to do it. But, while this was appropriate in Podunk in 2013, is it appropriate in 2017 where you live?

I promise you - Brandon is not playing the game the same way now as he did in 2013. Neither am I. Neither is anyone else who is succeeding at catering to the market. Which strategy you pursue is teed-up on the conditions in the marketplace! Listen to the marketplace.

Good luck!

Loading replies...