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Updated over 6 years ago on . Most recent reply

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86
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14
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Benny Gelbendorf
  • Holon, Israel
14
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86
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What is your magic number ?

Benny Gelbendorf
  • Holon, Israel
Posted

Hi All,

My name is Benny and I start browsing my way through the real estate investment world.

After reading a few books and learning a few courses, I wanted to approach to the power of the web.

My question is: What is the preferred market size to focus on when exploring investment opportunities.  Obviously State or even county are too big. On the other hand small towns (40K-50K) might not present big pool of possible transactions (buy and sell).

So what is your magic number ?

Thanks,

Benny

Most Popular Reply

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13,364
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Joe Villeneuve
Pro Member
#4 All Forums Contributor
  • Plymouth, MI
19,401
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Joe Villeneuve
Pro Member
#4 All Forums Contributor
  • Plymouth, MI
Replied

My Magic number is 47...my lucky number is 3.

In REI? There is no Magic Number. Everything you said wouldn't work in your post, does...but not everywhere. The Magic Numbers have $$$$ in front of them. Not population, Not Area Code, Not Zip Code, Not area size, Not...a lot of things using numbers, other than those with $$$$ in front of them.

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