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.
Buying & Selling Real Estate
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 about 7 years ago, 09/07/2017

User Stats

16
Posts
0
Votes
Shak Noor
  • Houston, TX
0
Votes |
16
Posts

Which strategy to invest in?

Shak Noor
  • Houston, TX
Posted
Hi Everyone - the beauty of real estate is that there are so many different ways to be involved. But lately I feel like I'm getting lost in developing a strategy. I work full-time, but have always looked for areas to invest in. Several years ago I purchased a foreclosed home, rehabbed, then sold via seller finance. I ended up selling that note last year. Last year I started investing in non performing 2nd mortgages. It's been slow, but some worked out really well, some were a bust, and others were nominal. We moved out of our house this year and put that up for rent. This year I was working with a partner to get into a business (car wash or self storage). Focused on this for several months but eventually got distracted with development. Met a developer and most recently wanted to either build a strip center, lease out then sell. Or build townhomes or demo/rebuild luxury spec homes in highly sought after areas in town. Also been interested in multi family, Grant Cardine style, buy well add value, hold/sell. At this point have a decent amount of coin and potential partner but have confused myself on a strategy and what to pursue. One day I like the idea of cash flowing, sometimes I like exit strategies that development projects have. I'm really having trouble focusing on a strategy at this point. How do you guys hone in on your strategy and weigh the pro's and con's of different ways to invest out there? Thanks, Shak

Loading replies...