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Updated over 5 years ago on . Most recent reply

User Stats

122
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70
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Justin Johnson
  • Fort Smith, AR
70
Votes |
122
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Difference between Niche and Strategy

Justin Johnson
  • Fort Smith, AR
Posted

I have a really dumb question. I am still a newbie and continuing to educate myself on everything that I can about REI and have been reading the "How to Invest in Real Estate" book again and just finished the chapter on real estate investment strategies. At the end of the chapter, the advise given is to focus on ONE strategy and ONE niche at first. I am just wondering if someone could help clarify the difference between the two? The way that the book presented them, it almost seemed like they were the same thing. Now, I know the definition of niche :) Just wanted to get some more examples of what the differences are between a Strategy and a Niche are, can they be the same thing or are they always exclusive to each other?

Thanks!

  • Justin Johnson
  • Loading replies...